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First United
FUNC

36 hedge funds and large institutions have $36.3M invested in First United in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more capital invested

Capital invested by funds: $35.4M → $36.3M (+$950K)

1.25% less ownership

Funds ownership: 30.76% → 29.51% (-1.3%)

8% less funds holding

Funds holding: 39 → 36 (-3)

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

50% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 16

Holders
36
Holders Change
-3
Holders Change %
-7.69%
% of All Funds
0.63%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
3
Increased
8
Reduced
16
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BCM
BHZ Capital Management
California
+$270K
2
State Street
State Street
Massachusetts
+$234K
3
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
+$219K
4
American Century Companies
American Century Companies
Missouri
+$40.1K
5
PH
Pinnacle Holdings
Oklahoma
+$37.3K

Top Sellers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
-$796K
2
Renaissance Technologies
Renaissance Technologies
New York
-$444K
3
BlackRock
BlackRock
New York
-$277K
4
Jane Street
Jane Street
New York
-$199K
5
HF
HRT Financial
New York
-$189K
Name Holding Trade Value Shares
Change 		Change in
Stake
Jacobs Levy Equity Management
26
Jacobs Levy Equity Management
New Jersey
$229K +$219K +12,305 New
Bank of America
27
Bank of America
North Carolina
$191K -$444 -25 -0.2%
Barclays
28
Barclays
United Kingdom
$100K +$639 +36 +0.7%
LCM
29
Logan Capital Management
Pennsylvania
$92K – – –
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$37K -$37.5K -2,113 -51%
UBS Group
31
UBS Group
Switzerland
$30K -$1.06K -60 -4%
Wells Fargo
32
Wells Fargo
California
$10K -$71 -4 -0.7%
EARNEST Partners
33
EARNEST Partners
Georgia
$9K – – –
TRCT
34
Tower Research Capital (TRC)
New York
$2K -$41.6K -2,341 -95%
BNP Paribas Financial Markets
35
BNP Paribas Financial Markets
France
$632 -$8.91K -502 -94%
Millennium Management
36
Millennium Management
New York
– -$796K -45,673 Closed
Jane Street
37
Jane Street
New York
– -$199K -11,419 Closed
HF
38
HRT Financial
New York
– -$189K -10,900 Closed
JP Morgan Chase
39
JP Morgan Chase
New York
– -$15K -885 Closed
New York State Common Retirement Fund
40
New York State Common Retirement Fund
New York
– -$1K -59 Closed
Deutsche Bank
41
Deutsche Bank
Germany
– +$231 +13 +1,300%
1
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FUNC Hedge Fund Activity: Q3 2021 in Review

36 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q3 2021, worth a combined $36.3M — up 2.7% from $35.4M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of FUNC and 3 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 8 added.

The largest buyer was BHZ Capital Management, opening a new position worth an estimated $270K. The largest seller was Millennium Management, exiting entirely with an estimated $796K sold.

  • 36 institutional investors held First United (FUNC) as of Q3 2021, down from 39 in Q2 2021.
  • Funds reported $36.3M of First United stock for Q3 2021, up 2.7% quarter-over-quarter.
  • 3 funds opened new First United positions in Q3 2021 and 6 closed out, a net change of -3 holders.
  • The largest First United buyer in Q3 2021 was BHZ Capital Management, an estimated $270K added.
  • The largest First United seller in Q3 2021 was Millennium Management, an estimated $796K sold.

Based on aggregated 13F filings for Q3 2021.