Sterling Bancorp
STL was delisted on the 31st of January, 2022.
312 hedge funds and large institutions have $4.89B invested in Sterling Bancorp in 2018 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 117 increasing their positions, 94 reducing their positions, and 21 closing their positions.
67% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 21
24% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 94
4% more funds holding
Funds holding: 300 → 312 (+12)
5% more capital invested
Capital invested by funds: $4.67B → $4.89B (+$219M)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$57.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$51.1M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$33.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$33M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$28.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$106M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$78.4M |
| 3 |
State Street
Boston,
Massachusetts
|
-$52.9M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$39M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$29.7M |
STL Hedge Fund Activity: Q2 2018 in Review
312 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Sterling Bancorp (STL) for Q2 2018, worth a combined $4.89B — up 4.7% from $4.67B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new STL positions and 21 closed out — a net gain of 14 holders — while 117 added to existing stakes and 94 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $57.8M. The largest seller was BlackRock, cutting an estimated $106M.
- 312 institutional investors held Sterling Bancorp (STL) as of Q2 2018, up from 300 in Q1 2018.
- Funds reported $4.89B of Sterling Bancorp stock for Q2 2018, up 4.7% quarter-over-quarter.
- 35 funds opened new Sterling Bancorp positions in Q2 2018 and 21 closed out, a net change of +14 holders.
- The largest Sterling Bancorp buyer in Q2 2018 was Millennium Management, an estimated $57.8M added.
- The largest Sterling Bancorp seller in Q2 2018 was BlackRock, an estimated $106M sold.
Based on aggregated 13F filings for Q2 2018.