Bankunited
208 hedge funds and large institutions have $1.67B invested in Bankunited in 2020 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 76 increasing their positions, 80 reducing their positions, and 50 closing their positions.
5% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 80
1.67% less ownership
Funds ownership: 96.77% → 95.1% (-1.7%)
10% less funds holding
Funds holding: 232 → 208 (-24)
16% less call options, than puts
Call options by funds: $368K | Put options by funds: $439K
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 50
50% less capital invested
Capital invested by funds: $3.36B → $1.67B (-$1.69B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$33.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$32.3M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$22.4M |
| 4 |
JP Morgan Chase
New York
|
+$22M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$41.9M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$33M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
-$27.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$20.5M |
| 5 |
Millennium Management
New York
|
-$19.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
251
Versant Capital Management
Phoenix,
Arizona
| – | -$986 | -33 | -49% |
|
|
GWMIA
252
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$329 | -11 | -48% |
|
|
GWS
253
Glassman Wealth Services
Vienna,
Virginia
| – | +$299 | +10 | +500% |
|
254
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$717 | +24 | New |
|
BKU Hedge Fund Activity: Q1 2020 in Review
208 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Bankunited (BKU) for Q1 2020, worth a combined $1.67B — down 50% from $3.36B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of BKU and 31 opened new positions — a net loss of 19 holders — while 80 trimmed existing stakes and 76 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $33.5M. The largest seller was Victory Capital Management, cutting an estimated $41.9M.
- 208 institutional investors held Bankunited (BKU) as of Q1 2020, down from 232 in Q4 2019.
- Funds reported $1.67B of Bankunited stock for Q1 2020, down 50% quarter-over-quarter.
- 31 funds opened new Bankunited positions in Q1 2020 and 50 closed out, a net change of -19 holders.
- The largest Bankunited buyer in Q1 2020 was T. Rowe Price Associates, an estimated $33.5M added.
- The largest Bankunited seller in Q1 2020 was Victory Capital Management, an estimated $41.9M sold.
Based on aggregated 13F filings for Q1 2020.