Trustco Bank Corp NY
TRST
153 hedge funds and large institutions have $386M invested in Trustco Bank Corp NY in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 52 increasing their positions, 48 reducing their positions, and 15 closing their positions.
12% more capital invested
Capital invested by funds: $346M → $386M (+$40.3M)
8% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 48
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 156 → 153 (-3)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.7M |
| 2 |
JP Morgan Chase
New York
|
+$2.97M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$2.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.03M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
-$7.5M |
| 2 |
RA
Royce & Associates
New York
|
-$1.42M |
| 3 |
Bank of New York Mellon
New York
|
-$1.07M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.06M |
| 5 |
Millennium Management
New York
|
-$722K |
TRST Hedge Fund Activity: Q3 2016 in Review
153 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Trustco Bank Corp NY (TRST) for Q3 2016, worth a combined $386M — up 12% from $346M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TRST and 12 opened new positions — a net loss of 3 holders — while 48 trimmed existing stakes and 52 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $3.7M. The largest seller was Walthausen & Co, exiting entirely with an estimated $7.5M sold.
- 153 institutional investors held Trustco Bank Corp NY (TRST) as of Q3 2016, down from 156 in Q2 2016.
- Funds reported $386M of Trustco Bank Corp NY stock for Q3 2016, up 12% quarter-over-quarter.
- 12 funds opened new Trustco Bank Corp NY positions in Q3 2016 and 15 closed out, a net change of -3 holders.
- The largest Trustco Bank Corp NY buyer in Q3 2016 was BlackRock Fund Advisors, an estimated $3.7M added.
- The largest Trustco Bank Corp NY seller in Q3 2016 was Walthausen & Co, an estimated $7.5M sold.
Based on aggregated 13F filings for Q3 2016.