Sterling Bancorp
STL was delisted on the 31st of January, 2022.
277 hedge funds and large institutions have $1.73B invested in Sterling Bancorp in 2020 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 88 increasing their positions, 110 reducing their positions, and 60 closing their positions.
38% more call options, than puts
Call options by funds: $164K | Put options by funds: $119K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% less funds holding
Funds holding: 309 → 277 (-32)
20% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 110
50% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 60
51% less capital invested
Capital invested by funds: $3.5B → $1.73B (-$1.77B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$57.6M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$45.3M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$28.4M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$9.51M |
| 5 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$8.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$48.2M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$23.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$22.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$17.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$14.9M |
STL Hedge Fund Activity: Q1 2020 in Review
277 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Sterling Bancorp (STL) for Q1 2020, worth a combined $1.73B — down 51% from $3.5B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of STL and 30 opened new positions — a net loss of 30 holders — while 110 trimmed existing stakes and 88 added.
The largest buyer was Wellington Management Group, adding an estimated $57.6M. The largest seller was ClearBridge Investments, cutting an estimated $48.2M.
- 277 institutional investors held Sterling Bancorp (STL) as of Q1 2020, down from 309 in Q4 2019.
- Funds reported $1.73B of Sterling Bancorp stock for Q1 2020, down 51% quarter-over-quarter.
- 30 funds opened new Sterling Bancorp positions in Q1 2020 and 60 closed out, a net change of -30 holders.
- The largest Sterling Bancorp buyer in Q1 2020 was Wellington Management Group, an estimated $57.6M added.
- The largest Sterling Bancorp seller in Q1 2020 was ClearBridge Investments, an estimated $48.2M sold.
Based on aggregated 13F filings for Q1 2020.