Trustco Bank Corp NY
TRST
174 hedge funds and large institutions have $510M invested in Trustco Bank Corp NY in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 69 increasing their positions, 45 reducing their positions, and 20 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 45
0.1% more ownership
Funds ownership: 12.42% → 12.52% (+0.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 179 → 174 (-5)
7% less capital invested
Capital invested by funds: $549M → $510M (-$39.5M)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$8.09M |
| 2 |
BlackRock
New York
|
+$2.92M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$1.46M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.27M |
| 5 |
PCM
Piermont Capital Management
St. Louis,
Missouri
|
+$991K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.15M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.16M |
| 3 |
Morgan Stanley
New York
|
-$1.75M |
| 4 |
Millennium Management
New York
|
-$1.57M |
| 5 |
JP Morgan Chase
New York
|
-$1.48M |
TRST Hedge Fund Activity: Q1 2018 in Review
174 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Trustco Bank Corp NY (TRST) for Q1 2018, worth a combined $510M — down 7.2% from $549M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TRST and 16 opened new positions — a net loss of 4 holders — while 45 trimmed existing stakes and 69 added.
The largest buyer was Franklin Resources, adding an estimated $8.09M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $3.15M sold.
- 174 institutional investors held Trustco Bank Corp NY (TRST) as of Q1 2018, down from 179 in Q4 2017.
- Funds reported $510M of Trustco Bank Corp NY stock for Q1 2018, down 7.2% quarter-over-quarter.
- 16 funds opened new Trustco Bank Corp NY positions in Q1 2018 and 20 closed out, a net change of -4 holders.
- The largest Trustco Bank Corp NY buyer in Q1 2018 was Franklin Resources, an estimated $8.09M added.
- The largest Trustco Bank Corp NY seller in Q1 2018 was Arrowstreet Capital, an estimated $3.15M sold.
Based on aggregated 13F filings for Q1 2018.