Sterling Bancorp
STL was delisted on the 31st of January, 2022.
288 hedge funds and large institutions have $2.93B invested in Sterling Bancorp in 2020 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 90 increasing their positions, 102 reducing their positions, and 40 closing their positions.
1,189% more call options, than puts
Call options by funds: $4.9M | Put options by funds: $380K
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
72% more capital invested
Capital invested by funds: $1.71B → $2.93B (+$1.22B)
13% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 40
1% more funds holding
Funds holding: 286 → 288 (+2)
12% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 102
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$50.4M |
| 2 |
State Street
Boston,
Massachusetts
|
+$30.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$11.3M |
| 4 |
ACL
Azora Capital LP
Miami,
Florida
|
+$10.8M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$25.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$20.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$11.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$11.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$8.73M |
STL Hedge Fund Activity: Q4 2020 in Review
288 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Sterling Bancorp (STL) for Q4 2020, worth a combined $2.93B — up 72% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new STL positions and 40 closed out — a net gain of 5 holders — while 90 added to existing stakes and 102 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $50.4M. The largest seller was Basswood Capital Management, cutting an estimated $25.2M.
- 288 institutional investors held Sterling Bancorp (STL) as of Q4 2020, up from 286 in Q3 2020.
- Funds reported $2.93B of Sterling Bancorp stock for Q4 2020, up 72% quarter-over-quarter.
- 45 funds opened new Sterling Bancorp positions in Q4 2020 and 40 closed out, a net change of +5 holders.
- The largest Sterling Bancorp buyer in Q4 2020 was Fidelity Investments, an estimated $50.4M added.
- The largest Sterling Bancorp seller in Q4 2020 was Basswood Capital Management, an estimated $25.2M sold.
Based on aggregated 13F filings for Q4 2020.