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.
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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$2.74M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$692K |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$553K |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$465K |
| 5 |
Renaissance Technologies
New York
|
+$441K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$433K |
| 2 |
Jane Street
New York
|
-$294K |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
-$229K |
| 4 |
JP Morgan Chase
New York
|
-$113K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$92.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
JP Morgan Chase
New York
| $1.97K | -$113K | -4,219 | -98% |
|
52
Wells Fargo
San Francisco,
California
| $15 | – | – | – |
|
|
53
Jane Street
New York
| – | -$294K | -14,406 | Closed |
|
|
QC
54
Quadrature Capital
London,
United Kingdom
| – | -$229K | -11,302 | Closed |
|
|
IC
55
Innealta Capital
Austin,
Texas
| – | -$959 | -47 | Closed |
|
|
FUBT
56
First United Bank & Trust
Oakland,
Maryland
| – | -$225 | -11 | Closed |
|
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.