Sterling Bancorp
STL was delisted on the 31st of January, 2022.
185 hedge funds and large institutions have $1.63B invested in Sterling Bancorp in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 72 increasing their positions, 55 reducing their positions, and 8 closing their positions.
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
31% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 55
4% more funds holding
Funds holding: 178 → 185 (+7)
4% more capital invested
Capital invested by funds: $1.58B → $1.63B (+$57.4M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$28.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$27.8M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$24.4M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.73M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$11.2M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$10.9M |
| 3 |
Renaissance Technologies
New York
|
-$7.52M |
| 4 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$6.25M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.8M |
STL Hedge Fund Activity: Q2 2016 in Review
185 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Sterling Bancorp (STL) for Q2 2016, worth a combined $1.63B — up 3.6% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new STL positions and 8 closed out — a net gain of 8 holders — while 72 added to existing stakes and 55 trimmed.
The largest buyer was Systematic Financial Management, adding an estimated $28.2M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $11.2M sold.
- 185 institutional investors held Sterling Bancorp (STL) as of Q2 2016, up from 178 in Q1 2016.
- Funds reported $1.63B of Sterling Bancorp stock for Q2 2016, up 3.6% quarter-over-quarter.
- 16 funds opened new Sterling Bancorp positions in Q2 2016 and 8 closed out, a net change of +8 holders.
- The largest Sterling Bancorp buyer in Q2 2016 was Systematic Financial Management, an estimated $28.2M added.
- The largest Sterling Bancorp seller in Q2 2016 was Adage Capital Partners, an estimated $11.2M sold.
Based on aggregated 13F filings for Q2 2016.