Stock Yards Bancorp
SYBT
157 hedge funds and large institutions have $632M invested in Stock Yards Bancorp in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 65 increasing their positions, 43 reducing their positions, and 16 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 43
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
1.38% more ownership
Funds ownership: 53.46% → 54.83% (+1.4%)
1% more funds holding
Funds holding: 156 → 157 (+1)
11% less capital invested
Capital invested by funds: $712M → $632M (-$79.6M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$7.27M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$6.37M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$5.5M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.14M |
| 5 |
SYBT
Stock Yards Bank & Trust
Louisville,
Kentucky
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$6.23M |
| 2 |
BlackRock
New York
|
-$4.54M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$3.64M |
| 4 |
State Street
Boston,
Massachusetts
|
-$2.13M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.58M |
SYBT Hedge Fund Activity: Q3 2023 in Review
157 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Stock Yards Bancorp (SYBT) for Q3 2023, worth a combined $632M — down 11% from $712M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SYBT positions and 16 closed out — a net gain of 3 holders — while 65 added to existing stakes and 43 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $7.27M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $6.23M.
- 157 institutional investors held Stock Yards Bancorp (SYBT) as of Q3 2023, up from 156 in Q2 2023.
- Funds reported $632M of Stock Yards Bancorp stock for Q3 2023, down 11% quarter-over-quarter.
- 19 funds opened new Stock Yards Bancorp positions in Q3 2023 and 16 closed out, a net change of +3 holders.
- The largest Stock Yards Bancorp buyer in Q3 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $7.27M added.
- The largest Stock Yards Bancorp seller in Q3 2023 was Manulife (Manufacturers Life Insurance), an estimated $6.23M sold.
Based on aggregated 13F filings for Q3 2023.