Sterling Bancorp
STL was delisted on the 31st of January, 2022.
221 hedge funds and large institutions have $2.48B invested in Sterling Bancorp in 2016 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 75 increasing their positions, 65 reducing their positions, and 8 closing their positions.
513% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 8
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
43% more capital invested
Capital invested by funds: $1.73B → $2.48B (+$749M)
21% more funds holding
Funds holding: 182 → 221 (+39)
15% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$58.2M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$23.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$22M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.7M |
| 5 |
State Street
Boston,
Massachusetts
|
+$15.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$48.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$26.7M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$14.6M |
| 4 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
-$12.4M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMG
226
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$228K | -13,000 | Closed |
|
227
Simplex Trading
Chicago,
Illinois
| – | -$118K | -6,778 | Closed |
|
|
JWA
228
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$88K | -5,000 | Closed |
|
|
KA
229
Klingman & Associates
New York
| – | -$64K | -3,653 | Closed |
|
STL Hedge Fund Activity: Q4 2016 in Review
221 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sterling Bancorp (STL) for Q4 2016, worth a combined $2.48B — up 43% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new STL positions and 8 closed out — a net gain of 41 holders — while 75 added to existing stakes and 65 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $58.2M. The largest seller was Systematic Financial Management, cutting an estimated $48.9M.
- 221 institutional investors held Sterling Bancorp (STL) as of Q4 2016, up from 182 in Q3 2016.
- Funds reported $2.48B of Sterling Bancorp stock for Q4 2016, up 43% quarter-over-quarter.
- 49 funds opened new Sterling Bancorp positions in Q4 2016 and 8 closed out, a net change of +41 holders.
- The largest Sterling Bancorp buyer in Q4 2016 was Wellington Management Group, an estimated $58.2M added.
- The largest Sterling Bancorp seller in Q4 2016 was Systematic Financial Management, an estimated $48.9M sold.
Based on aggregated 13F filings for Q4 2016.