We are live on ! Find out more
FUNC icon

First United
FUNC

41 hedge funds and large institutions have $40.1M invested in First United in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 13

9% more capital invested

Capital invested by funds: $36.7M → $40.1M (+$3.36M)

1.39% less ownership

Funds ownership: 33.93% → 32.54% (-1.4%)

5% less funds holding

Funds holding: 43 → 41 (-2)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

Holders
41
Holders Change
-2
Holders Change %
-4.65%
% of All Funds
0.72%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
15
Reduced
13
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$606K
2
Goldman Sachs
Goldman Sachs
New York
+$360K
3
LCM
Logan Capital Management
Pennsylvania
+$86.8K
4
Renaissance Technologies
Renaissance Technologies
New York
+$67K
5
Barclays
Barclays
United Kingdom
+$39.7K

Top Sellers

Rank Fund Capital Flow
1
Vanguard Group
Vanguard Group
Pennsylvania
-$847K
2
KCM
Kennedy Capital Management
Missouri
-$414K
3
Northern Trust
Northern Trust
Illinois
-$336K
4
EC
EJF Capital
Virginia
-$220K
5
Wells Fargo
Wells Fargo
California
-$154K
Name Holding Trade Value Shares
Change 		Change in
Stake
Barclays
26
Barclays
United Kingdom
$178K +$39.7K +2,267 +29%
New York State Common Retirement Fund
27
New York State Common Retirement Fund
New York
$116K – – –
LCM
28
Logan Capital Management
Pennsylvania
$87K +$86.8K +4,951 New
Deutsche Bank
29
Deutsche Bank
Germany
$77K -$7.25K -414 -9%
BNP Paribas Financial Markets
30
BNP Paribas Financial Markets
France
$56.7K +$22.6K +1,287 +67%
Wells Fargo
31
Wells Fargo
California
$51K -$154K -8,817 -75%
UBS Group
32
UBS Group
Switzerland
$37K -$4.4K -251 -11%
TRCT
33
Tower Research Capital (TRC)
New York
$17K -$14K -798 -45%
AIP
34
Ameritas Investment Partners
Nebraska
$10K – – –
Legal & General Group
35
Legal & General Group
United Kingdom
$10K – – –
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$10K +$2.03K +116 +27%
EARNEST Partners
37
EARNEST Partners
Georgia
$9K – – –
Citigroup
38
Citigroup
New York
$8K -$14K -800 -64%
Bank of Montreal
39
Bank of Montreal
Ontario, Canada
$4K -$14.7K -840 -80%
AIG
40
American International Group
New York
$70 +$1.59K +91 +2%
KCM
41
Kennedy Capital Management
Missouri
– -$414K -26,731 Closed
EC
42
EJF Capital
Virginia
– -$220K -14,162 Closed
PAM
43
Panagora Asset Management
Massachusetts
– -$2K -103 Closed
GWS
44
Glassman Wealth Services
Virginia
– +$385 +22 New
1
2

FUNC Hedge Fund Activity: Q1 2021 in Review

41 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q1 2021, worth a combined $40.1M — up 9.2% from $36.7M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of FUNC and 2 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 15 added.

The largest buyer was BlackRock, adding an estimated $606K. The largest seller was Vanguard Group, cutting an estimated $847K.

  • 41 institutional investors held First United (FUNC) as of Q1 2021, down from 43 in Q4 2020.
  • Funds reported $40.1M of First United stock for Q1 2021, up 9.2% quarter-over-quarter.
  • 2 funds opened new First United positions in Q1 2021 and 3 closed out, a net change of -1 holder.
  • The largest First United buyer in Q1 2021 was BlackRock, an estimated $606K added.
  • The largest First United seller in Q1 2021 was Vanguard Group, an estimated $847K sold.

Based on aggregated 13F filings for Q1 2021.