Trustco Bank Corp NY
TRST
170 hedge funds and large institutions have $503M invested in Trustco Bank Corp NY in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 60 increasing their positions, 42 reducing their positions, and 19 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 42
4% more capital invested
Capital invested by funds: $484M → $503M (+$18.8M)
0.23% more ownership
Funds ownership: 12.9% → 13.12% (+0.23%)
3% less funds holding
Funds holding: 175 → 170 (-5)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.49M |
| 2 |
Morgan Stanley
New York
|
+$2.82M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$1.63M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$1M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$904K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$1.58M |
| 2 |
Goldman Sachs
New York
|
-$1.17M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$696K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$569K |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$514K |
TRST Hedge Fund Activity: Q2 2019 in Review
170 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Trustco Bank Corp NY (TRST) for Q2 2019, worth a combined $503M — up 3.9% from $484M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of TRST and 17 opened new positions — a net loss of 2 holders — while 42 trimmed existing stakes and 60 added.
The largest buyer was Nuveen, opening a new position worth an estimated $3.49M. The largest seller was Royce & Associates, cutting an estimated $1.58M.
- 170 institutional investors held Trustco Bank Corp NY (TRST) as of Q2 2019, down from 175 in Q1 2019.
- Funds reported $503M of Trustco Bank Corp NY stock for Q2 2019, up 3.9% quarter-over-quarter.
- 17 funds opened new Trustco Bank Corp NY positions in Q2 2019 and 19 closed out, a net change of -2 holders.
- The largest Trustco Bank Corp NY buyer in Q2 2019 was Nuveen, an estimated $3.49M added.
- The largest Trustco Bank Corp NY seller in Q2 2019 was Royce & Associates, an estimated $1.58M sold.
Based on aggregated 13F filings for Q2 2019.