Corsair Capital’s United Community Banks UCB Stock Holding History

Corsair Capital’s Portfolio UCB Stock Details UCB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-7,300,047	Closed	-$135M	–	3
2016 Q1	$135M	Hold	7,300,047	–	–	40.23%	1
2015 Q4	$142M	Sell	7,300,047 -3,000,000	-29%	-$60.9M	42.38%	1
2015 Q3	$211M	Hold	10,300,047	–	–	53.09%	1
2015 Q2	$215M	Hold	10,300,047	–	–	49.85%	1
2015 Q1	$194M	Hold	10,300,047	–	–	47.63%	1
2014 Q4	$195M	Hold	10,300,047	–	–	45.68%	1
2014 Q3	$170M	Hold	10,300,047	–	–	45.25%	1
2014 Q2	$169M	Hold	10,300,047	–	–	41.02%	1
2014 Q1	$200M	Hold	10,300,047	–	–	60.17%	1
2013 Q4	$183M	Hold	10,300,047	–	–	51.77%	1
2013 Q3	$154M	Hold	10,300,047	–	–	46.85%	2
2013 Q2	$128M	Buy	+10,300,047	New	+$117M	50.14%	1

Other funds holding UCB

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Allianz Asset Management Munich, Germany $112B AUM 36.28% 1-Year Est. Return

Victory Capital Management San Antonio, Texas $178B AUM 37.23% 1-Year Est. Return

SFM

Systematic Financial Management Teaneck, New Jersey $5.02B AUM 66.06% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Corsair Capital's UCB Position: Q2 2016 in Review

Corsair Capital sold out of United Community Banks (UCB) in Q2 2016, closing a stake of 7,300,047 shares — an estimated $135M sold.

Corsair Capital first reported a position in UCB in Q2 2013 and held it in 12 quarters. The position peaked at $215M in Q2 2015. 186 funds tracked by Wall St. Rank hold UCB as of Q2 2016.

Corsair Capital reported no remaining United Community Banks position as of Q2 2016 after selling out during the quarter.
Corsair Capital sold 7,300,047 United Community Banks shares in Q2 2016, an estimated $135M.
Corsair Capital first reported a position in United Community Banks in Q2 2013 and held it in 12 quarters.
Corsair Capital's United Community Banks position peaked at $215M in Q2 2015.
186 funds tracked by Wall St. Rank held United Community Banks as of Q2 2016.

Based on Corsair Capital's 13F filing for Q2 2016, filed 12 Aug 2016.