Sterling Bancorp
STL was delisted on the 31st of January, 2022.
309 hedge funds and large institutions have $3.5B invested in Sterling Bancorp in 2019 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 94 increasing their positions, 105 reducing their positions, and 20 closing their positions.
170% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 20
9% more funds holding
Funds holding: 284 → 309 (+25)
2% more capital invested
Capital invested by funds: $3.44B → $3.5B (+$58.9M)
1% more call options, than puts
Call options by funds: $995K | Put options by funds: $986K
10% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 105
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$14.9M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$7.94M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.77M |
| 4 |
WC
Walthausen & Co
Malta,
New York
|
+$7.57M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$65.9M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$39.3M |
| 3 |
Lazard Asset Management
New York
|
-$39.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.1M |
| 5 |
State Street
Boston,
Massachusetts
|
-$9.41M |
STL Hedge Fund Activity: Q4 2019 in Review
309 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Sterling Bancorp (STL) for Q4 2019, worth a combined $3.5B — up 1.7% from $3.44B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new STL positions and 20 closed out — a net gain of 34 holders — while 94 added to existing stakes and 105 trimmed.
The largest buyer was Basswood Capital Management, adding an estimated $14.9M. The largest seller was Citadel Advisors, cutting an estimated $65.9M.
- 309 institutional investors held Sterling Bancorp (STL) as of Q4 2019, up from 284 in Q3 2019.
- Funds reported $3.5B of Sterling Bancorp stock for Q4 2019, up 1.7% quarter-over-quarter.
- 54 funds opened new Sterling Bancorp positions in Q4 2019 and 20 closed out, a net change of +34 holders.
- The largest Sterling Bancorp buyer in Q4 2019 was Basswood Capital Management, an estimated $14.9M added.
- The largest Sterling Bancorp seller in Q4 2019 was Citadel Advisors, an estimated $65.9M sold.
Based on aggregated 13F filings for Q4 2019.