State Street
722 hedge funds and large institutions have $23.2B invested in State Street in 2016 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 180 increasing their positions, 321 reducing their positions, and 49 closing their positions.
71% more funds holding in top 10
Funds holding in top 10: 7 → 12 (+5)
53% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 49
27% more capital invested
Capital invested by funds: $18.3B → $23.2B (+$4.92B)
12% more call options, than puts
Call options by funds: $130M | Put options by funds: $116M
2% more funds holding
Funds holding: 705 → 722 (+17)
0.5% more ownership
Funds ownership: 85.58% → 86.09% (+0.5%)
44% less repeat investments, than reductions
Existing positions increased: 180 | Existing positions reduced: 321
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$235M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$82.6M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
+$79.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$54.5M |
| 5 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
+$50.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$182M |
| 2 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$138M |
| 3 |
Harris Associates
Chicago,
Illinois
|
-$75.5M |
| 4 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$61.6M |
| 5 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$60.7M |
STT Hedge Fund Activity: Q3 2016 in Review
722 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street (STT) for Q3 2016, worth a combined $23.2B — up 27% from $18.3B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new STT positions and 49 closed out — a net gain of 26 holders — while 180 added to existing stakes and 321 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $235M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $182M.
- 722 institutional investors held State Street (STT) as of Q3 2016, up from 705 in Q2 2016.
- Funds reported $23.2B of State Street stock for Q3 2016, up 27% quarter-over-quarter.
- 75 funds opened new State Street positions in Q3 2016 and 49 closed out, a net change of +26 holders.
- The largest State Street buyer in Q3 2016 was T. Rowe Price Associates, an estimated $235M added.
- The largest State Street seller in Q3 2016 was Barrow, Hanley, Mewhinney & Strauss, an estimated $182M sold.
Based on aggregated 13F filings for Q3 2016.