Sterling Bancorp
STL was delisted on the 31st of January, 2022.
286 hedge funds and large institutions have $1.71B invested in Sterling Bancorp in 2020 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 102 increasing their positions, 102 reducing their positions, and 28 closing their positions.
419% more call options, than puts
Call options by funds: $1.57M | Put options by funds: $302K
11% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 28
1% more funds holding
Funds holding: 284 → 286 (+2)
0% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 102
11% less capital invested
Capital invested by funds: $1.91B → $1.71B (-$205M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.8M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$15.5M |
| 3 |
ACL
Azora Capital LP
Miami,
Florida
|
+$14.8M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$10.9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$7.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$42.4M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$24.2M |
| 3 |
BlackRock
New York
|
-$12.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.9M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$7.27M |
STL Hedge Fund Activity: Q3 2020 in Review
286 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Sterling Bancorp (STL) for Q3 2020, worth a combined $1.71B — down 11% from $1.91B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new STL positions and 28 closed out — a net gain of 3 holders — while 102 added to existing stakes and 102 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $20.8M. The largest seller was Wellington Management Group, cutting an estimated $42.4M.
- 286 institutional investors held Sterling Bancorp (STL) as of Q3 2020, up from 284 in Q2 2020.
- Funds reported $1.71B of Sterling Bancorp stock for Q3 2020, down 11% quarter-over-quarter.
- 31 funds opened new Sterling Bancorp positions in Q3 2020 and 28 closed out, a net change of +3 holders.
- The largest Sterling Bancorp buyer in Q3 2020 was Fidelity Investments, an estimated $20.8M added.
- The largest Sterling Bancorp seller in Q3 2020 was Wellington Management Group, an estimated $42.4M sold.
Based on aggregated 13F filings for Q3 2020.