Trustco Bank Corp NY
TRST
124 hedge funds and large institutions have $322M invested in Trustco Bank Corp NY in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 48 increasing their positions, 31 reducing their positions, and 10 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 31
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
12% more capital invested
Capital invested by funds: $288M → $322M (+$33.6M)
2% more funds holding
Funds holding: 121 → 124 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$6.56M |
| 2 |
RA
Royce & Associates
New York
|
+$5.76M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.38M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$2.25M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.97M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$3.56M |
| 3 |
Two Sigma Investments
New York
|
-$1.47M |
| 4 |
Two Sigma Advisers
New York
|
-$1.05M |
| 5 |
Millennium Management
New York
|
-$973K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Jane Street
New York
| – | -$183K | -6,718 | Closed |
|
|
GMIM
127
General Motors Investment Management
New York
| – | -$175K | -6,442 | Closed |
|
|
DTL
128
Dynamic Technology Lab
Singapore
| – | -$114K | -4,200 | Closed |
|
|
HCM
129
Highbridge Capital Management
New York
| – | -$70K | -2,540 | Closed |
|
130
Tudor Investment Corp
Stamford,
Connecticut
| – | -$57K | -2,100 | Closed |
|
|
OMCS
131
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$17K | -640 | Closed |
|
|
LTFS
132
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$3K | -120 | Closed |
|
|
TCOV
133
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$3K | -95 | Closed |
|
TRST Hedge Fund Activity: Q3 2013 in Review
124 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Trustco Bank Corp NY (TRST) for Q3 2013, worth a combined $322M — up 12% from $288M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TRST positions and 10 closed out — a net gain of 3 holders — while 48 added to existing stakes and 31 trimmed.
The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $6.56M. The largest seller was Fidelity Investments, cutting an estimated $6.97M.
- 124 institutional investors held Trustco Bank Corp NY (TRST) as of Q3 2013, up from 121 in Q2 2013.
- Funds reported $322M of Trustco Bank Corp NY stock for Q3 2013, up 12% quarter-over-quarter.
- 13 funds opened new Trustco Bank Corp NY positions in Q3 2013 and 10 closed out, a net change of +3 holders.
- The largest Trustco Bank Corp NY buyer in Q3 2013 was Epoch Investment Partners, an estimated $6.56M added.
- The largest Trustco Bank Corp NY seller in Q3 2013 was Fidelity Investments, an estimated $6.97M sold.
Based on aggregated 13F filings for Q3 2013.