Stock Yards Bancorp
SYBT
105 hedge funds and large institutions have $415M invested in Stock Yards Bancorp in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 11 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.54% less ownership
Funds ownership: 48.79% → 48.24% (-0.54%)
3% less capital invested
Capital invested by funds: $430M → $415M (-$14.6M)
3% less funds holding
Funds holding: 108 → 105 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$5.84M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$4.18M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
+$1.55M |
| 4 |
Renaissance Technologies
New York
|
+$1.43M |
| 5 |
Millennium Management
New York
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.3M |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$1.44M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$1.09M |
| 4 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
-$916K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$733K |
SYBT Hedge Fund Activity: Q3 2017 in Review
105 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Stock Yards Bancorp (SYBT) for Q3 2017, worth a combined $415M — down 3.4% from $430M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SYBT and 8 opened new positions — a net loss of 3 holders — while 34 trimmed existing stakes and 40 added.
The largest buyer was Champlain Investment Partners, adding an estimated $5.84M. The largest seller was Fidelity Investments, cutting an estimated $16.3M.
- 105 institutional investors held Stock Yards Bancorp (SYBT) as of Q3 2017, down from 108 in Q2 2017.
- Funds reported $415M of Stock Yards Bancorp stock for Q3 2017, down 3.4% quarter-over-quarter.
- 8 funds opened new Stock Yards Bancorp positions in Q3 2017 and 11 closed out, a net change of -3 holders.
- The largest Stock Yards Bancorp buyer in Q3 2017 was Champlain Investment Partners, an estimated $5.84M added.
- The largest Stock Yards Bancorp seller in Q3 2017 was Fidelity Investments, an estimated $16.3M sold.
Based on aggregated 13F filings for Q3 2017.