Bankunited
199 hedge funds and large institutions have $3.14B invested in Bankunited in 2014 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 86 increasing their positions, 70 reducing their positions, and 20 closing their positions.
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
23% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 70
4% more funds holding
Funds holding: 191 → 199 (+8)
0.1% more ownership
Funds ownership: 92.1% → 92.21% (+0.1%)
4% less capital invested
Capital invested by funds: $3.25B → $3.14B (-$114M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$38.3M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$30.2M |
| 3 |
JP Morgan Chase
New York
|
+$28.5M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$21.1M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$43.3M |
| 2 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$37.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$32.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$19M |
| 5 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$17.7M |
BKU Hedge Fund Activity: Q2 2014 in Review
199 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Bankunited (BKU) for Q2 2014, worth a combined $3.14B — down 3.5% from $3.25B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BKU positions and 20 closed out — a net gain of 8 holders — while 86 added to existing stakes and 70 trimmed.
The largest buyer was Ameriprise, adding an estimated $38.3M. The largest seller was Millennium Management, cutting an estimated $43.3M.
- 199 institutional investors held Bankunited (BKU) as of Q2 2014, up from 191 in Q1 2014.
- Funds reported $3.14B of Bankunited stock for Q2 2014, down 3.5% quarter-over-quarter.
- 28 funds opened new Bankunited positions in Q2 2014 and 20 closed out, a net change of +8 holders.
- The largest Bankunited buyer in Q2 2014 was Ameriprise, an estimated $38.3M added.
- The largest Bankunited seller in Q2 2014 was Millennium Management, an estimated $43.3M sold.
Based on aggregated 13F filings for Q2 2014.