Stock Yards Bancorp
SYBT
151 hedge funds and large institutions have $819M invested in Stock Yards Bancorp in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 59 increasing their positions, 44 reducing their positions, and 24 closing their positions.
34% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 44
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.57% less ownership
Funds ownership: 51.32% → 50.75% (-0.57%)
6% less funds holding
Funds holding: 161 → 151 (-10)
12% less capital invested
Capital invested by funds: $926M → $819M (-$107M)
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$11.7M |
| 2 |
Millennium Management
New York
|
+$5.25M |
| 3 |
Goldman Sachs
New York
|
+$4.89M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$3.33M |
| 5 |
E
Ergoteles
New York
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$26.8M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$5.69M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.79M |
| 4 |
Morgan Stanley
New York
|
-$2.33M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$1.74M |
SYBT Hedge Fund Activity: Q1 2023 in Review
151 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Stock Yards Bancorp (SYBT) for Q1 2023, worth a combined $819M — down 12% from $926M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SYBT and 17 opened new positions — a net loss of 7 holders — while 44 trimmed existing stakes and 59 added.
The largest buyer was Champlain Investment Partners, adding an estimated $11.7M. The largest seller was Charles Schwab, cutting an estimated $26.8M.
- 151 institutional investors held Stock Yards Bancorp (SYBT) as of Q1 2023, down from 161 in Q4 2022.
- Funds reported $819M of Stock Yards Bancorp stock for Q1 2023, down 12% quarter-over-quarter.
- 17 funds opened new Stock Yards Bancorp positions in Q1 2023 and 24 closed out, a net change of -7 holders.
- The largest Stock Yards Bancorp buyer in Q1 2023 was Champlain Investment Partners, an estimated $11.7M added.
- The largest Stock Yards Bancorp seller in Q1 2023 was Charles Schwab, an estimated $26.8M sold.
Based on aggregated 13F filings for Q1 2023.