Sterling Bancorp
STL was delisted on the 31st of January, 2022.
288 hedge funds and large institutions have $3.7B invested in Sterling Bancorp in 2019 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 77 increasing their positions, 122 reducing their positions, and 24 closing their positions.
38% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 24
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
6% more capital invested
Capital invested by funds: $3.47B → $3.7B (+$223M)
2% more funds holding
Funds holding: 283 → 288 (+5)
0.4% less ownership
Funds ownership: 93.67% → 93.28% (-0.4%)
37% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 122
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $778K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$32.7M |
| 2 |
Lazard Asset Management
New York
|
+$32M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$20.5M |
| 4 |
ACL
Azora Capital LP
Miami,
Florida
|
+$13.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$8.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$34.9M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
-$29M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$25.9M |
| 4 |
State Street
Boston,
Massachusetts
|
-$23.3M |
| 5 |
BlackRock
New York
|
-$20.9M |
STL Hedge Fund Activity: Q1 2019 in Review
288 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Sterling Bancorp (STL) for Q1 2019, worth a combined $3.7B — up 6.4% from $3.47B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new STL positions and 24 closed out — a net gain of 9 holders — while 77 added to existing stakes and 122 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $32.7M. The largest seller was Balyasny Asset Management, cutting an estimated $34.9M.
- 288 institutional investors held Sterling Bancorp (STL) as of Q1 2019, up from 283 in Q4 2018.
- Funds reported $3.7B of Sterling Bancorp stock for Q1 2019, up 6.4% quarter-over-quarter.
- 33 funds opened new Sterling Bancorp positions in Q1 2019 and 24 closed out, a net change of +9 holders.
- The largest Sterling Bancorp buyer in Q1 2019 was Fidelity Investments, an estimated $32.7M added.
- The largest Sterling Bancorp seller in Q1 2019 was Balyasny Asset Management, an estimated $34.9M sold.
Based on aggregated 13F filings for Q1 2019.