Stock Yards Bancorp
SYBT
105 hedge funds and large institutions have $327M invested in Stock Yards Bancorp in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 28 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
18% more capital invested
Capital invested by funds: $278M → $327M (+$49M)
3% more funds holding
Funds holding: 102 → 105 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.9M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.19M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
+$1.04M |
| 4 |
Goldman Sachs
New York
|
+$897K |
| 5 |
Morgan Stanley
New York
|
+$726K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAM
Davis Asset Management
Sausalito,
California
|
-$6.36M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$3.98M |
| 3 |
SYBT
Stock Yards Bank & Trust
Louisville,
Kentucky
|
-$1.47M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.3M |
| 5 |
Renaissance Technologies
New York
|
-$753K |
SYBT Hedge Fund Activity: Q3 2016 in Review
105 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Stock Yards Bancorp (SYBT) for Q3 2016, worth a combined $327M — up 18% from $278M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SYBT positions and 11 closed out — a net gain of 5 holders — while 35 added to existing stakes and 28 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $12.9M. The largest seller was Davis Asset Management, exiting entirely with an estimated $6.36M sold.
- 105 institutional investors held Stock Yards Bancorp (SYBT) as of Q3 2016, up from 102 in Q2 2016.
- Funds reported $327M of Stock Yards Bancorp stock for Q3 2016, up 18% quarter-over-quarter.
- 16 funds opened new Stock Yards Bancorp positions in Q3 2016 and 11 closed out, a net change of +5 holders.
- The largest Stock Yards Bancorp buyer in Q3 2016 was Fidelity Investments, an estimated $12.9M added.
- The largest Stock Yards Bancorp seller in Q3 2016 was Davis Asset Management, an estimated $6.36M sold.
Based on aggregated 13F filings for Q3 2016.