Bankunited
206 hedge funds and large institutions have $1.73B invested in Bankunited in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 83 increasing their positions, 71 reducing their positions, and 41 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 71
9.11% more ownership
Funds ownership: 93.67% → 102.78% (+9.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 220 → 206 (-14)
29% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 41
29% less capital invested
Capital invested by funds: $2.46B → $1.73B (-$724M)
86% less call options, than puts
Call options by funds: $3.87M | Put options by funds: $26.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$67.3M |
| 2 |
Millennium Management
New York
|
+$25.7M |
| 3 |
HF
HRT Financial
New York
|
+$14.2M |
| 4 |
State Street
Boston,
Massachusetts
|
+$13.9M |
| 5 |
Goldman Sachs
New York
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$59.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$30.7M |
| 3 |
LI
Leeward Investments
Boston,
Massachusetts
|
-$23.4M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$23.3M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$20.9M |
BKU Hedge Fund Activity: Q1 2023 in Review
206 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Bankunited (BKU) for Q1 2023, worth a combined $1.73B — down 29% from $2.46B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of BKU and 29 opened new positions — a net loss of 12 holders — while 71 trimmed existing stakes and 83 added.
The largest buyer was LSV Asset Management, adding an estimated $67.3M. The largest seller was Fidelity Investments, cutting an estimated $59.7M.
- 206 institutional investors held Bankunited (BKU) as of Q1 2023, down from 220 in Q4 2022.
- Funds reported $1.73B of Bankunited stock for Q1 2023, down 29% quarter-over-quarter.
- 29 funds opened new Bankunited positions in Q1 2023 and 41 closed out, a net change of -12 holders.
- The largest Bankunited buyer in Q1 2023 was LSV Asset Management, an estimated $67.3M added.
- The largest Bankunited seller in Q1 2023 was Fidelity Investments, an estimated $59.7M sold.
Based on aggregated 13F filings for Q1 2023.