TRUSTCO BK CORP N Y TRST
COM NEW · Common Stock · CUSIP 898349204
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersAlbany, NY
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.79. Options: 2 managers hold calls ($149.6k notional), 2 hold puts ($23.0k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 140 |
| Q4 2022 | 147 |
| Q1 2023 | 148 |
| Q2 2023 | 141 |
| Q3 2023 | 131 |
| Q4 2023 | 138 |
| Q1 2024 | 136 |
| Q2 2024 | 136 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 65 | 67 |
| Q1 2023 | 70 | 67 |
| Q2 2023 | 58 | 76 |
| Q3 2023 | 54 | 72 |
| Q4 2023 | 56 | 56 |
| Q1 2024 | 66 | 59 |
| Q2 2024 | 72 | 55 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $13.2k | $35.0k | 2.65 |
| Q4 2023 | $6.2k | $15.0k | 2.42 |
| Q1 2024 | $129.5k | $5.6k | 0.04 |
| Q2 2024 | $149.6k | $23.0k | 0.15 |
Biggest buyers
| AQR CAPITAL MANAGEMENT LLC | Added | +73.2k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +64.8k |
| AMERICAN CENTURY COMPANIES INC | Added | +50.1k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +35.0k |
| JANE STREET GROUP, LLC | New | +20.0k |
| Bank of New York Mellon Corp | Added | +19.3k |
| CRAMER ROSENTHAL MCGLYNN LLC | Added | +18.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | New | +18.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +16.9k |
| D. E. Shaw & Co., Inc. | Added | +13.5k |
Biggest sellers
| MORGAN STANLEY | Reduced | -293.1k |
| Empowered Funds, LLC | Reduced | -58.3k |
| BlackRock Inc. | Reduced | -49.0k |
| STATE STREET CORP | Reduced | -45.6k |
| Assenagon Asset Management S.A. | Reduced | -44.2k |
| PANAGORA ASSET MANAGEMENT INC | Reduced | -37.0k |
| State of New Jersey Common Pension Fund D | Reduced | -32.7k |
| JPMORGAN CHASE & CO | Reduced | -31.3k |
| HSBC HOLDINGS PLC | Sold out | -25.2k |
| Boston Partners | Sold out | -18.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $149.6k5.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $23.0k800 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| SYSTEMATIC FINANCIAL MANAGEMENT LP 13G · institution +0.2 pts · filed 2026-02-10 | 6.3% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.4% |
HoldCo Asset Management, LP
13D · may seek influence
new · filed 2026-07-28
Stated purposeThe Reporting Persons purchased the Shares based on the Reporting Persons' belief that the Shares, when purchased, were undervalued and represented an attractive investment opportunity. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of Shares at prices that would make the purchase or sale of Shares desirable, the Reporting Persons may endeavor to increase or decrease their position in the Issuer through, among other things, the purchase or sale of Shares on the open market or in private transactions or otherwise, on such terms and at such times as the Reporting Persons may deem advisable. The Reporting Persons have engaged, and expect to continue to engage, in discussions with certain members of the Issuer'… Full filing |
5.1% |
| STATE STREET CORP 13G · institution new · filed 2026-05-12 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 5 | $219.5k | 0 | — | — |
| Q4 2022 | 3 | $56.4k | 0 | — | — |
| Q1 2023 | 11 | $611.9k | 0 | — | — |
| Q2 2023 | 7 | $448.7k | 0 | — | — |
| Q3 2023 | 2 | $132.9k | 0 | — | — |
| Q4 2023 | 6 | $110.5k | 0 | — | — |
| Q1 2024 | 3 | $80.0k | 0 | — | — |
| Q2 2024 | 2 | $26.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-04 | CURLEY KEVIN M EXECUTIVE VICE PRESIDENT & COO | Bought | $15.0k551 shares |
| 2024-05-24 | Cotugno Steffani Director | Bought | $11.2k400 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 2.7m $78.9m | Reduced -49.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.3m $38.2m | Added +548 |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.2m $34.6m | Added +11.1k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.83% of their portfolio | 948.6k $27.3m | Added +6.8k |
| STATE STREET CORP 0.00% of their portfolio | 877.4k $25.6m | Reduced -45.6k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 442.8k $12.7m | Reduced -14 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 436.5k $12.6m | Added +16.9k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 331.0k $9.5m | Added +50.1k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 329.0k $9.5m | Added +35.0k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 304.7k $8.8m | Added +73.2k |
| ROYCE & ASSOCIATES LP 0.08% of their portfolio | 299.5k $8.6m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 298.5k $8.6m | Reduced -2.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 243.3k $7.0m | Added +4.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 243.2k $7.0m | Added +19.3k |
| Verition Fund Management LLC 0.05% of their portfolio | 214.6k $6.2m | Reduced -6.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 164.9k $4.7m | Added +11.3k |
| Brandywine Global Investment Management, LLC 0.03% of their portfolio | 156.1k $4.5m | Reduced -17.5k |
| MORGAN STANLEY 0.00% of their portfolio | 152.8k $4.4m | Reduced -293.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 146.1k $4.2m | Added +4.3k |
| CRAMER ROSENTHAL MCGLYNN LLC 0.21% of their portfolio | 124.7k $3.6m | Added +18.6k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 114.7k $3.3m | Added +4.9k |
| TRUSTCO BANK CORP N Y 3.44% of their portfolio | 112.3k $3.2m | Reduced -1 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 97.9k $2.8m | Added +6.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 93.8k $2.7m | Reduced -4.9k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 88.7k $2.5m | Added +64.8k |
| Invesco Ltd. 0.00% of their portfolio | 82.5k $2.4m | Added +937 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 74.1k $2.1m | Reduced -944 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 72.5k $2.1m | Reduced -31.3k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 68.4k $2.0m | Reduced -32.7k |
| Empowered Funds, LLC 0.03% of their portfolio | 68.0k $2.0m | Reduced -58.3k |
| GABELLI FUNDS LLC 0.01% of their portfolio | 62.6k $1.8m | Added +3.1k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 62.0k $1.8m | Added +12.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 58.4k $1.7m | Added +9.4k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 54.7k $1.6m | Reduced -6.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 50.4k $1.4m | Added +5.7k |
| Legal & General Group Plc 0.00% of their portfolio | 49.4k $1.4m | Reduced -1.1k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 49.4k $1.4m | Added +5.2k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 45.4k $1.3m | Reduced -44.2k |
| Public Sector Pension Investment Board 0.01% of their portfolio | 41.9k $1.2m | Added +2.4k |
| Swiss National Bank 0.00% of their portfolio | 37.5k $1.1m | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 36.6k $1.1m | Added +8.0k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 35.5k $1.0m | Added +13.5k |
| GLOBEFLEX CAPITAL L P 0.10% of their portfolio | 34.0k $977.0k | Unchanged |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 33.8k $971.0k | Reduced -1.7k |
| WINTON GROUP Ltd 0.07% of their portfolio | 33.5k $962.9k | Added +4.7k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 28.8k $828.9k | Reduced -900 |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 26.9k $772.8k | Reduced -6 |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 22.1k $635.7k | Added +3.3k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 20.0k $574.0k | New |
| UBS Group AG 0.00% of their portfolio | 19.5k $560.7k | Reduced -27 |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 19.5k $560.6k | Added +927 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 18.5k $533.2k | Reduced -470 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 18.1k $519.5k | New |
| Tower Research Capital LLC (TRC) 0.01% of their portfolio | 17.1k $492.3k | Added +10.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 16.2k $467.2k | Added +1.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 16.1k $464.0k | Reduced -2.3k |
| BARCLAYS PLC 0.00% of their portfolio | 16.1k $463.1k | Reduced -12.8k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 15.3k $441.4k | Added +1.7k |
| HRT FINANCIAL LP 0.00% of their portfolio | 15.3k $440.0k | Added +6.8k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 15.3k $440.2k | Added +800 |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 15.0k $432.9k | Added +3.5k |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 14.2k $415.1k | Unchanged |
| NJ State Employees Deferred Compensation Plan 0.05% of their portfolio | 14.0k $402.8k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 13.9k $400.0k | Added +11.1k |
| STRS OHIO 0.00% of their portfolio | 13.4k $385.5k | Added +1.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 13.1k $378.0k | Added +560 |
| PANAGORA ASSET MANAGEMENT INC 0.00% of their portfolio | 12.2k $352.1k | Reduced -37.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 12.1k $348.4k | Added +2.5k |
| Graypoint LLC 0.02% of their portfolio | 12.0k $344.6k | Added +29 |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 11.2k $321.0k | Reduced -424 |
| Illinois Municipal Retirement Fund 0.00% of their portfolio | 11.0k $315.4k | Reduced -91 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 11.0k $315.3k | Reduced -2.5k |
| Numerai GP LLC 0.11% of their portfolio | 10.9k $312.8k | New |
| Corebridge Financial, Inc. 0.00% of their portfolio | 10.8k $310.5k | First filing |
| Engineers Gate Manager LP 0.01% of their portfolio | 10.4k $300.2k | New |
| MetLife Investment Management, LLC 0.00% of their portfolio | 10.4k $298.1k | Added +1.0k |
| ExodusPoint Capital Management, LP 0.00% of their portfolio | 10.3k $296.0k | Reduced -3.2k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 10.1k $289.9k | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 10.1k $289.3k | Reduced -2.3k |
| Teton Advisors, Inc. 0.12% of their portfolio | 10.0k $288.0k | Unchanged |
| EntryPoint Capital, LLC 0.13% of their portfolio | 10.0k $286.6k | Added +8.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 9.8k $280.9k | First filing |
| Louisiana State Employees Retirement System 0.01% of their portfolio | 9.6k $276.2k | Added +200 |
| Cerity Partners LLC 0.00% of their portfolio | 9.6k $275.9k | Added +1.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 9.5k $272.6k | Reduced -40 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 8.8k $253.9k | Added +1.9k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 8.6k $246.5k | Reduced -95 |
| Orion Porfolio Solutions, LLC 0.00% of their portfolio | 8.6k $246.3k | Reduced -2.9k |
| Orion Portfolio Solutions, LLC 0.00% of their portfolio | 8.6k $246.3k | Reduced -2.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 8.5k $245.3k | New |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 8.3k $238.6k | New |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 7.7k $221.6k | Reduced -890 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 7.6k $218.9k | New |
| King Wealth Management Group 0.04% of their portfolio | 7.6k $219.0k | Added +7 |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 7.4k $214.0k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 7.3k $209.8k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 7.0k $201.2k | Reduced -890 |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.00% of their portfolio | 6.2k $179.0k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 5.6k $160.0k | Reduced -604 |
| OREGON PUBLIC EMPLOYEES RETIREMENT FUND 0.00% of their portfolio | 4.6k $131.6k | Reduced -500 |