Stock Yards Bancorp
SYBT
102 hedge funds and large institutions have $278M invested in Stock Yards Bancorp in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 44 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
11% more capital invested
Capital invested by funds: $250M → $278M (+$28M)
7% more funds holding
Funds holding: 95 → 102 (+7)
20% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fenimore Asset Management
Cobleskill,
New York
|
+$1.5M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$1.16M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.08M |
| 4 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$875K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$728K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.74M |
| 2 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$931K |
| 3 |
Renaissance Technologies
New York
|
-$543K |
| 4 |
Citigroup
New York
|
-$485K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$436K |
SYBT Hedge Fund Activity: Q2 2016 in Review
102 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Stock Yards Bancorp (SYBT) for Q2 2016, worth a combined $278M — up 11% from $250M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SYBT positions and 7 closed out — a net gain of 8 holders — while 35 added to existing stakes and 44 trimmed.
The largest buyer was Fenimore Asset Management, adding an estimated $1.5M. The largest seller was Banc Funds Company, cutting an estimated $1.74M.
- 102 institutional investors held Stock Yards Bancorp (SYBT) as of Q2 2016, up from 95 in Q1 2016.
- Funds reported $278M of Stock Yards Bancorp stock for Q2 2016, up 11% quarter-over-quarter.
- 15 funds opened new Stock Yards Bancorp positions in Q2 2016 and 7 closed out, a net change of +8 holders.
- The largest Stock Yards Bancorp buyer in Q2 2016 was Fenimore Asset Management, an estimated $1.5M added.
- The largest Stock Yards Bancorp seller in Q2 2016 was Banc Funds Company, an estimated $1.74M sold.
Based on aggregated 13F filings for Q2 2016.