Sterling Bancorp
STL was delisted on the 31st of January, 2022.
284 hedge funds and large institutions have $1.91B invested in Sterling Bancorp in 2020 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 96 increasing their positions, 112 reducing their positions, and 31 closing their positions.
231% more call options, than puts
Call options by funds: $1.47M | Put options by funds: $445K
26% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 31
11% more capital invested
Capital invested by funds: $1.73B → $1.91B (+$184M)
3% more funds holding
Funds holding: 277 → 284 (+7)
14% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 112
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$13.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$12.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$10.7M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$8.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$27.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$10.9M |
| 3 |
BlackRock
New York
|
-$10.1M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$8.19M |
| 5 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$6.68M |
STL Hedge Fund Activity: Q2 2020 in Review
284 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Sterling Bancorp (STL) for Q2 2020, worth a combined $1.91B — up 11% from $1.73B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new STL positions and 31 closed out — a net gain of 8 holders — while 96 added to existing stakes and 112 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $15.5M. The largest seller was Victory Capital Management, cutting an estimated $27.5M.
- 284 institutional investors held Sterling Bancorp (STL) as of Q2 2020, up from 277 in Q1 2020.
- Funds reported $1.91B of Sterling Bancorp stock for Q2 2020, up 11% quarter-over-quarter.
- 39 funds opened new Sterling Bancorp positions in Q2 2020 and 31 closed out, a net change of +8 holders.
- The largest Sterling Bancorp buyer in Q2 2020 was Fidelity Investments, an estimated $15.5M added.
- The largest Sterling Bancorp seller in Q2 2020 was Victory Capital Management, an estimated $27.5M sold.
Based on aggregated 13F filings for Q2 2020.