Bankunited
191 hedge funds and large institutions have $3.25B invested in Bankunited in 2014 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 84 increasing their positions, 61 reducing their positions, and 20 closing their positions.
55% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 20
38% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 61
6% more funds holding
Funds holding: 181 → 191 (+10)
3% more capital invested
Capital invested by funds: $3.16B → $3.25B (+$96.1M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2.89% less ownership
Funds ownership: 95% → 92.1% (-2.9%)
Top Buyers
| 1 |
Jennison Associates
New York
|
+$89.4M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$70.8M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$53M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$50.5M |
| 5 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
+$50.3M |
Top Sellers
| 1 |
Blackstone Inc
New York
|
-$183M |
| 2 |
CG
Carlyle Group
Washington,
District of Columbia
|
-$183M |
| 3 |
IPC
Invesco Private Capital
New York
|
-$183M |
| 4 |
CP
Centerbridge Partners
New York
|
-$144M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$18.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIG
201
Blackthorn Investment Group
Overland Park,
Kansas
| – | -$955K | -29,013 | Closed |
|
|
ACA
202
Anchor Capital Advisors
Boston,
Massachusetts
| – | -$690K | -20,955 | Closed |
|
|
GCP
203
GSA Capital Partners
London,
United Kingdom
| – | -$650K | -19,731 | Closed |
|
|
AA
204
ALPS Advisors
Denver,
Colorado
| – | -$494K | -15,880 | Closed |
|
205
Capital Fund Management (CFM)
Paris,
France
| – | -$263K | -8,000 | Closed |
|
|
EMG
206
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$227K | -6,900 | Closed |
|
|
PL
207
Parkwood LLC
Cleveland,
Ohio
| – | -$189K | -5,735 | Closed |
|
|
SAM
208
Solaris Asset Management
New York
| – | -$102K | -3,100 | Closed |
|
209
Credit Agricole
Montrouge Cedex,
France
| – | -$71K | -2,148 | Closed |
|
210
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$7K | -215 | Closed |
|
211
Creative Planning
Overland Park,
Kansas
| – | -$5K | -137 | Closed |
|
BKU Hedge Fund Activity: Q1 2014 in Review
191 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Bankunited (BKU) for Q1 2014, worth a combined $3.25B — up 3% from $3.16B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BKU positions and 20 closed out — a net gain of 11 holders — while 84 added to existing stakes and 61 trimmed.
The largest buyer was Jennison Associates, adding an estimated $89.4M. The largest seller was Blackstone Inc, exiting entirely with an estimated $183M sold.
- 191 institutional investors held Bankunited (BKU) as of Q1 2014, up from 181 in Q4 2013.
- Funds reported $3.25B of Bankunited stock for Q1 2014, up 3% quarter-over-quarter.
- 31 funds opened new Bankunited positions in Q1 2014 and 20 closed out, a net change of +11 holders.
- The largest Bankunited buyer in Q1 2014 was Jennison Associates, an estimated $89.4M added.
- The largest Bankunited seller in Q1 2014 was Blackstone Inc, an estimated $183M sold.
Based on aggregated 13F filings for Q1 2014.