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First United
FUNC

51 hedge funds and large institutions have $81.4M invested in First United in 2024 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 4

150% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 8

62% more capital invested

Capital invested by funds: $50.3M → $81.4M (+$31.2M)

24% more funds holding

Funds holding: 41 → 51 (+10)

5.15% more ownership

Funds ownership: 37.02% → 42.17% (+5.1%)

Holders
51
Holders Change
+10
Holders Change %
+24.39%
% of All Funds
0.73%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
14
Increased
20
Reduced
8
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
FL
Fourthstone LLC
Missouri
+$2.74M
2
Citadel Advisors
Citadel Advisors
Florida
+$692K
3
EI
EAM Investors
California
+$553K
4
TI
Trexquant Investment
Connecticut
+$465K
5
Renaissance Technologies
Renaissance Technologies
New York
+$441K

Top Sellers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$433K
2
Jane Street
Jane Street
New York
-$294K
3
QC
Quadrature Capital
United Kingdom
-$229K
4
JP Morgan Chase
JP Morgan Chase
New York
-$113K
5
Vanguard Group
Vanguard Group
Pennsylvania
-$92.8K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$527K +$44.9K +1,671 +10%
TI
27
Trexquant Investment
Connecticut
$516K +$465K +17,286 New
Qube Research & Technologies (QRT)
28
Qube Research & Technologies (QRT)
United Kingdom
$476K +$423K +15,732 +7,563%
LSV Asset Management
29
LSV Asset Management
Illinois
$474K – – –
Millennium Management
30
Millennium Management
New York
$460K +$69.6K +2,586 +20%
RWM
31
Ritholtz Wealth Management
New York
$460K +$415K +15,412 New
Susquehanna International Group
32
Susquehanna International Group
Pennsylvania
$414K +$373K +13,880 New
Invesco
33
Invesco
Georgia
$414K +$1.45K +54 +0.4%
Bank of New York Mellon
34
Bank of New York Mellon
New York
$351K +$27 +1 +0%
Citigroup
35
Citigroup
New York
$304K +$145K +5,403 +113%
Marshall Wace
36
Marshall Wace
United Kingdom
$226K +$204K +7,572 New
SWM
37
SeaCrest Wealth Management
New York
$202K +$182K +6,766 New
LCM
38
Logan Capital Management
Pennsylvania
$148K – – –
CSS
39
Cubist Systematic Strategies
Connecticut
$143K +$129K +4,793 New
Barclays
40
Barclays
United Kingdom
$126K +$113K +4,218 New
ACM
41
Aster Capital Management
United Arab Emirates
$111K +$100K +3,733 New
PAS
42
Point72 Asia (Singapore)
Singapore
$97K +$87.4K +3,249 New
Bank of America
43
Bank of America
North Carolina
$63.3K +$1.83K +68 +3%
Lazard Asset Management
44
Lazard Asset Management
New York
$36K +$32.7K +1,216 New
SOW
45
State of Wyoming
Wyoming
$30.4K -$215 -8 -0.8%
Fidelity Investments
46
Fidelity Investments
Massachusetts
$28.8K +$2.69K +100 +12%
CAS
47
Coppell Advisory Solutions
Texas
$11.9K – – –
UBS Group
48
UBS Group
Switzerland
$11.9K -$5.62K -209 -34%
TRCT
49
Tower Research Capital (TRC)
New York
$7.52K +$6.78K +252 New
NFA
50
Northwest Financial Advisors
Virginia
$2.98K +$2.69K +100 New
1
2
3

FUNC Hedge Fund Activity: Q3 2024 in Review

51 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q3 2024, worth a combined $81.4M — up 62% from $50.3M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FUNC positions and 4 closed out — a net gain of 10 holders — while 20 added to existing stakes and 8 trimmed.

The largest buyer was Fourthstone LLC, adding an estimated $2.74M. The largest seller was Royal Bank of Canada, cutting an estimated $433K.

  • 51 institutional investors held First United (FUNC) as of Q3 2024, up from 41 in Q2 2024.
  • Funds reported $81.4M of First United stock for Q3 2024, up 62% quarter-over-quarter.
  • 14 funds opened new First United positions in Q3 2024 and 4 closed out, a net change of +10 holders.
  • The largest First United buyer in Q3 2024 was Fourthstone LLC, an estimated $2.74M added.
  • The largest First United seller in Q3 2024 was Royal Bank of Canada, an estimated $433K sold.

Based on aggregated 13F filings for Q3 2024.