Stock Yards Bancorp
SYBT
108 hedge funds and large institutions have $519M invested in Stock Yards Bancorp in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 35 reducing their positions, and 13 closing their positions.
59% more capital invested
Capital invested by funds: $327M → $519M (+$192M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
48.91% more ownership
Funds ownership: 0% → 48.91% (+49%)
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
3% more funds holding
Funds holding: 105 → 108 (+3)
3% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$50.9M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$5.71M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.23M |
| 4 |
Morgan Stanley
New York
|
+$2.94M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$17.3M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$7.06M |
| 3 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
-$3.31M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$3.11M |
| 5 |
NEI
Northwest & Ethical Investments
Toronto,
Ontario, Canada
|
-$1.72M |
SYBT Hedge Fund Activity: Q4 2016 in Review
108 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Stock Yards Bancorp (SYBT) for Q4 2016, worth a combined $519M — up 59% from $327M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SYBT positions and 13 closed out — a net gain of 4 holders — while 34 added to existing stakes and 35 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $50.9M. The largest seller was River Road Asset Management, exiting entirely with an estimated $17.3M sold.
- 108 institutional investors held Stock Yards Bancorp (SYBT) as of Q4 2016, up from 105 in Q3 2016.
- Funds reported $519M of Stock Yards Bancorp stock for Q4 2016, up 59% quarter-over-quarter.
- 17 funds opened new Stock Yards Bancorp positions in Q4 2016 and 13 closed out, a net change of +4 holders.
- The largest Stock Yards Bancorp buyer in Q4 2016 was Fidelity Investments, an estimated $50.9M added.
- The largest Stock Yards Bancorp seller in Q4 2016 was River Road Asset Management, an estimated $17.3M sold.
Based on aggregated 13F filings for Q4 2016.