Trustco Bank Corp NY
TRST
171 hedge funds and large institutions have $422M invested in Trustco Bank Corp NY in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 59 reducing their positions, and 17 closing their positions.
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
2% more funds holding
Funds holding: 168 → 171 (+3)
0.07% less ownership
Funds ownership: 12.8% → 12.73% (-0.07%)
17% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 59
20% less capital invested
Capital invested by funds: $525M → $422M (-$103M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.37M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.17M |
| 3 |
RA
Royce & Associates
New York
|
+$1.96M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.39M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$4.88M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.46M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.07M |
| 5 |
Millennium Management
New York
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Teacher Retirement System of Texas
Austin,
Texas
| – | -$97K | -2,271 | Closed |
|
|
ECM
177
Evergreen Capital Management
Bellevue,
Washington
| – | -$96K | -2,253 | Closed |
|
|
ARTA
178
A.R.T. Advisors
New York
| – | -$88K | -2,081 | Closed |
|
179
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$21K | -497 | Closed |
|
|
MWM
180
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$17K | -424 | Closed |
|
|
SPIA
181
Steward Partners Investment Advisory
New York
| – | -$11K | -266 | Closed |
|
|
APP
182
Avantax Planning Partners
Dubuque,
Iowa
| – | -$4K | -100 | Closed |
|
|
IA
183
IFP Advisors
Tampa,
Florida
| – | -$4K | -100 | Closed |
|
|
PSC
184
Prentiss Smith & Co
Brattleboro,
Vermont
| – | -$3K | -71 | Closed |
|
|
PA
185
Parallel Advisors
San Francisco,
California
| – | -$1.1K | -29 | Closed |
|
|
CAW
186
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$1K | -26 | Closed |
|
|
PWM
187
PRW Wealth Management
Quincy,
Massachusetts
| – | +$416 | +11 | New |
|
TRST Hedge Fund Activity: Q4 2018 in Review
171 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Trustco Bank Corp NY (TRST) for Q4 2018, worth a combined $422M — down 20% from $525M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TRST positions and 17 closed out — a net gain of 3 holders — while 49 added to existing stakes and 59 trimmed.
The largest buyer was BlackRock, adding an estimated $2.37M. The largest seller was AJO LP, exiting entirely with an estimated $4.88M sold.
- 171 institutional investors held Trustco Bank Corp NY (TRST) as of Q4 2018, up from 168 in Q3 2018.
- Funds reported $422M of Trustco Bank Corp NY stock for Q4 2018, down 20% quarter-over-quarter.
- 20 funds opened new Trustco Bank Corp NY positions in Q4 2018 and 17 closed out, a net change of +3 holders.
- The largest Trustco Bank Corp NY buyer in Q4 2018 was BlackRock, an estimated $2.37M added.
- The largest Trustco Bank Corp NY seller in Q4 2018 was AJO LP, an estimated $4.88M sold.
Based on aggregated 13F filings for Q4 2018.