Trustco Bank Corp NY
TRST
140 hedge funds and large institutions have $370M invested in Trustco Bank Corp NY in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 48 increasing their positions, 56 reducing their positions, and 19 closing their positions.
14% more call options, than puts
Call options by funds: $42K | Put options by funds: $37K
0.99% more ownership
Funds ownership: 66.89% → 67.88% (+0.99%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 147 → 140 (-7)
9% less capital invested
Capital invested by funds: $407M → $370M (-$36.9M)
14% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 56
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$4.54M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.02M |
| 3 |
Morgan Stanley
New York
|
+$1.65M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$1.44M |
| 5 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.39M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.13M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.89M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$1.32M |
| 5 |
BlackRock
New York
|
-$930K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Cerity Partners
New York
| – | -$646K | -224 | Closed |
|
|
AAS
152
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$4.5K | -141 | Closed |
|
|
TWA
153
TCI Wealth Advisors
Tucson,
Arizona
| – | -$4.18K | -131 | Closed |
|
154
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2.27K | -71 | Closed |
|
|
TF
155
Tompkins Financial
Ithaca,
New York
| – | -$1.5K | -47 | Closed |
|
|
BAM
156
Belpointe Asset Management
Reno,
Nevada
| – | -$1.28K | -40 | Closed |
|
157
Russell Investments Group
London,
United Kingdom
| – | -$639 | -20 | Closed |
|
|
PFBT
158
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$96 | -3 | Closed |
|
|
C
159
Covestor
London,
United Kingdom
| – | +$59 | +2 | +17% |
|
TRST Hedge Fund Activity: Q2 2023 in Review
140 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Trustco Bank Corp NY (TRST) for Q2 2023, worth a combined $370M — down 9.1% from $407M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of TRST and 12 opened new positions — a net loss of 7 holders — while 56 trimmed existing stakes and 48 added.
The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $4.54M. The largest seller was Goldman Sachs, cutting an estimated $2.39M.
- 140 institutional investors held Trustco Bank Corp NY (TRST) as of Q2 2023, down from 147 in Q1 2023.
- Funds reported $370M of Trustco Bank Corp NY stock for Q2 2023, down 9.1% quarter-over-quarter.
- 12 funds opened new Trustco Bank Corp NY positions in Q2 2023 and 19 closed out, a net change of -7 holders.
- The largest Trustco Bank Corp NY buyer in Q2 2023 was Cramer Rosenthal McGlynn, an estimated $4.54M added.
- The largest Trustco Bank Corp NY seller in Q2 2023 was Goldman Sachs, an estimated $2.39M sold.
Based on aggregated 13F filings for Q2 2023.