Sterling Bancorp
STL was delisted on the 31st of January, 2022.
129 hedge funds and large institutions have $737M invested in Sterling Bancorp in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 47 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
2% more funds holding
Funds holding: 127 → 129 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less capital invested
Capital invested by funds: $744M → $737M (-$7.74M)
6% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Netols Asset Management
Mequon,
Wisconsin
|
+$8.47M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$8.07M |
| 3 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$7.55M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$6.2M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$5.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$6.58M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$4.32M |
| 3 |
Goldman Sachs
New York
|
-$2.78M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.15M |
| 5 |
Renaissance Technologies
New York
|
-$2.05M |
STL Hedge Fund Activity: Q1 2014 in Review
129 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Sterling Bancorp (STL) for Q1 2014, worth a combined $737M — down 1% from $744M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new STL positions and 13 closed out — a net gain of 2 holders — while 44 added to existing stakes and 47 trimmed.
The largest buyer was Netols Asset Management, opening a new position worth an estimated $8.47M. The largest seller was Castine Capital Management, exiting entirely with an estimated $6.58M sold.
- 129 institutional investors held Sterling Bancorp (STL) as of Q1 2014, up from 127 in Q4 2013.
- Funds reported $737M of Sterling Bancorp stock for Q1 2014, down 1% quarter-over-quarter.
- 15 funds opened new Sterling Bancorp positions in Q1 2014 and 13 closed out, a net change of +2 holders.
- The largest Sterling Bancorp buyer in Q1 2014 was Netols Asset Management, an estimated $8.47M added.
- The largest Sterling Bancorp seller in Q1 2014 was Castine Capital Management, an estimated $6.58M sold.
Based on aggregated 13F filings for Q1 2014.