Trustco Bank Corp NY
TRST
166 hedge funds and large institutions have $517M invested in Trustco Bank Corp NY in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 63 increasing their positions, 44 reducing their positions, and 12 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 44
3% more capital invested
Capital invested by funds: $503M → $517M (+$14.2M)
0.03% less ownership
Funds ownership: 13.12% → 13.09% (-0.03%)
2% less funds holding
Funds holding: 170 → 166 (-4)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.91M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.42M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$1.34M |
| 4 |
BlackRock
New York
|
+$1.34M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.98M |
| 2 |
Goldman Sachs
New York
|
-$1.75M |
| 3 |
Morgan Stanley
New York
|
-$1.06M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$1.04M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$1.03M |
TRST Hedge Fund Activity: Q3 2019 in Review
166 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Trustco Bank Corp NY (TRST) for Q3 2019, worth a combined $517M — up 2.8% from $503M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TRST and 9 opened new positions — a net loss of 3 holders — while 44 trimmed existing stakes and 63 added.
The largest buyer was Invesco, adding an estimated $1.91M. The largest seller was Millennium Management, exiting entirely with an estimated $3.98M sold.
- 166 institutional investors held Trustco Bank Corp NY (TRST) as of Q3 2019, down from 170 in Q2 2019.
- Funds reported $517M of Trustco Bank Corp NY stock for Q3 2019, up 2.8% quarter-over-quarter.
- 9 funds opened new Trustco Bank Corp NY positions in Q3 2019 and 12 closed out, a net change of -3 holders.
- The largest Trustco Bank Corp NY buyer in Q3 2019 was Invesco, an estimated $1.91M added.
- The largest Trustco Bank Corp NY seller in Q3 2019 was Millennium Management, an estimated $3.98M sold.
Based on aggregated 13F filings for Q3 2019.