Sterling Bancorp
STL was delisted on the 31st of January, 2022.
284 hedge funds and large institutions have $3.44B invested in Sterling Bancorp in 2019 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 80 increasing their positions, 120 reducing their positions, and 35 closing their positions.
9% more call options, than puts
Call options by funds: $1.06M | Put options by funds: $979K
4% less funds holding
Funds holding: 295 → 284 (-11)
11% less capital invested
Capital invested by funds: $3.88B → $3.44B (-$441M)
31% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 35
33% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 120
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$22.3M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$13.8M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$9.26M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$7.51M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$6.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$45.6M |
| 2 |
ACL
Azora Capital LP
Miami,
Florida
|
-$36.8M |
| 3 |
State Street
Boston,
Massachusetts
|
-$33.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$25.5M |
| 5 |
Millennium Management
New York
|
-$18.3M |
STL Hedge Fund Activity: Q3 2019 in Review
284 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Sterling Bancorp (STL) for Q3 2019, worth a combined $3.44B — down 11% from $3.88B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of STL and 24 opened new positions — a net loss of 11 holders — while 120 trimmed existing stakes and 80 added.
The largest buyer was Diamond Hill Capital Management, adding an estimated $22.3M. The largest seller was Victory Capital Management, cutting an estimated $45.6M.
- 284 institutional investors held Sterling Bancorp (STL) as of Q3 2019, down from 295 in Q2 2019.
- Funds reported $3.44B of Sterling Bancorp stock for Q3 2019, down 11% quarter-over-quarter.
- 24 funds opened new Sterling Bancorp positions in Q3 2019 and 35 closed out, a net change of -11 holders.
- The largest Sterling Bancorp buyer in Q3 2019 was Diamond Hill Capital Management, an estimated $22.3M added.
- The largest Sterling Bancorp seller in Q3 2019 was Victory Capital Management, an estimated $45.6M sold.
Based on aggregated 13F filings for Q3 2019.