Stock Yards Bancorp
SYBT
95 hedge funds and large institutions have $246M invested in Stock Yards Bancorp in 2016 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 30 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
8% more funds holding
Funds holding: 88 → 95 (+7)
7% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 30
4% more capital invested
Capital invested by funds: $235M → $246M (+$10.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
+$3.24M |
| 2 |
SYBT
Stock Yards Bank & Trust
Louisville,
Kentucky
|
+$1.54M |
| 3 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$979K |
| 4 |
NEI
Northwest & Ethical Investments
Toronto,
Ontario, Canada
|
+$923K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$781K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$658K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$656K |
| 3 |
Two Sigma Advisers
New York
|
-$608K |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$473K |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$444K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2K | -98 | Closed |
|
102
SEI Investments
Oaks,
Pennsylvania
| – | +$450 | +18 | New |
|
SYBT Hedge Fund Activity: Q1 2016 in Review
95 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Stock Yards Bancorp (SYBT) for Q1 2016, worth a combined $246M — up 4.5% from $235M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SYBT positions and 7 closed out — a net gain of 8 holders — while 32 added to existing stakes and 30 trimmed.
The largest buyer was Fenimore Asset Management, opening a new position worth an estimated $3.24M. The largest seller was Opus Capital Group, exiting entirely with an estimated $658K sold.
- 95 institutional investors held Stock Yards Bancorp (SYBT) as of Q1 2016, up from 88 in Q4 2015.
- Funds reported $246M of Stock Yards Bancorp stock for Q1 2016, up 4.5% quarter-over-quarter.
- 15 funds opened new Stock Yards Bancorp positions in Q1 2016 and 7 closed out, a net change of +8 holders.
- The largest Stock Yards Bancorp buyer in Q1 2016 was Fenimore Asset Management, an estimated $3.24M added.
- The largest Stock Yards Bancorp seller in Q1 2016 was Opus Capital Group, an estimated $658K sold.
Based on aggregated 13F filings for Q1 2016.