Trustco Bank Corp NY
TRST
165 hedge funds and large institutions have $322M invested in Trustco Bank Corp NY in 2020 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 63 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
1% more funds holding
Funds holding: 164 → 165 (+1)
0.3% less ownership
Funds ownership: 13.15% → 12.84% (-0.3%)
19% less capital invested
Capital invested by funds: $400M → $322M (-$77.9M)
30% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 63
96% less call options, than puts
Call options by funds: $4K | Put options by funds: $107K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$4.58M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.42M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.41M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$1.33M |
| 5 |
Goldman Sachs
New York
|
+$957K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$6.76M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
-$3.19M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.7M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$1.26M |
| 5 |
Renaissance Technologies
New York
|
-$831K |
TRST Hedge Fund Activity: Q3 2020 in Review
165 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Trustco Bank Corp NY (TRST) for Q3 2020, worth a combined $322M — down 19% from $400M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TRST positions and 13 closed out — a net gain of 2 holders — while 44 added to existing stakes and 63 trimmed.
The largest buyer was Assenagon Asset Management, adding an estimated $4.58M. The largest seller was Royce & Associates, cutting an estimated $6.76M.
- 165 institutional investors held Trustco Bank Corp NY (TRST) as of Q3 2020, up from 164 in Q2 2020.
- Funds reported $322M of Trustco Bank Corp NY stock for Q3 2020, down 19% quarter-over-quarter.
- 15 funds opened new Trustco Bank Corp NY positions in Q3 2020 and 13 closed out, a net change of +2 holders.
- The largest Trustco Bank Corp NY buyer in Q3 2020 was Assenagon Asset Management, an estimated $4.58M added.
- The largest Trustco Bank Corp NY seller in Q3 2020 was Royce & Associates, an estimated $6.76M sold.
Based on aggregated 13F filings for Q3 2020.