Trustco Bank Corp NY
TRST
163 hedge funds and large institutions have $490M invested in Trustco Bank Corp NY in 2016 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 62 increasing their positions, 41 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
51% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 41
27% more capital invested
Capital invested by funds: $386M → $490M (+$104M)
11.71% more ownership
Funds ownership: 0% → 11.71% (+12%)
7% more funds holding
Funds holding: 153 → 163 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.48M |
| 2 |
Morgan Stanley
New York
|
+$2.53M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.94M |
| 4 |
JP Morgan Chase
New York
|
+$1.72M |
| 5 |
Goldman Sachs
New York
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$16.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.82M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$2.75M |
| 4 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$865K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$811K |
TRST Hedge Fund Activity: Q4 2016 in Review
163 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Trustco Bank Corp NY (TRST) for Q4 2016, worth a combined $490M — up 27% from $386M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TRST positions and 6 closed out — a net gain of 12 holders — while 62 added to existing stakes and 41 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $6.48M. The largest seller was Royce & Associates, cutting an estimated $16.8M.
- 163 institutional investors held Trustco Bank Corp NY (TRST) as of Q4 2016, up from 153 in Q3 2016.
- Funds reported $490M of Trustco Bank Corp NY stock for Q4 2016, up 27% quarter-over-quarter.
- 18 funds opened new Trustco Bank Corp NY positions in Q4 2016 and 6 closed out, a net change of +12 holders.
- The largest Trustco Bank Corp NY buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $6.48M added.
- The largest Trustco Bank Corp NY seller in Q4 2016 was Royce & Associates, an estimated $16.8M sold.
Based on aggregated 13F filings for Q4 2016.