First United
FUNC
78 hedge funds and large institutions have $111M invested in First United in 2025 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 5 closing their positions.
260% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 5
20% more funds holding
Funds holding: 65 → 78 (+13)
19% more capital invested
Capital invested by funds: $93.3M → $111M (+$17.8M)
0.1% more ownership
Funds ownership: 46.42% → 46.52% (+0.1%)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$1.4M |
| 2 |
TI
TrueMark Investments
Chicago,
Illinois
|
+$1.23M |
| 3 |
SIM
SummerHaven Investment Management
Stamford,
Connecticut
|
+$887K |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$711K |
| 5 |
BlackRock
New York
|
+$584K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.63M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.08M |
| 3 |
Millennium Management
New York
|
-$1.02M |
| 4 |
Morgan Stanley
New York
|
-$518K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$472K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
76
Allworth Financial
Folsom,
California
| $184 | +$176 | +5 | New |
|
|
IA
77
IFP Advisors
Tampa,
Florida
| $37 | +$35 | +1 | New |
|
|
TWD
78
True Wealth Design
Akron,
Ohio
| $37 | +$35 | +1 | New |
|
|
HIM
79
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$1.63M | -52,480 | Closed |
|
|
CC
80
Corton Capital
Carrying Place,
Ontario, Canada
| – | -$265K | -8,547 | Closed |
|
81
Lazard Asset Management
New York
| – | -$234K | -7,547 | Closed |
|
|
TWC
82
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$30.5K | -930 | Closed |
|
83
Raymond James Financial
St Petersburg,
Florida
| – | -$19.9K | -643 | Closed |
|
FUNC Hedge Fund Activity: Q3 2025 in Review
78 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q3 2025, worth a combined $111M — up 19% from $93.3M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FUNC positions and 5 closed out — a net gain of 13 holders — while 19 added to existing stakes and 25 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $1.4M. The largest seller was Hillsdale Investment Management, exiting entirely with an estimated $1.63M sold.
- 78 institutional investors held First United (FUNC) as of Q3 2025, up from 65 in Q2 2025.
- Funds reported $111M of First United stock for Q3 2025, up 19% quarter-over-quarter.
- 18 funds opened new First United positions in Q3 2025 and 5 closed out, a net change of +13 holders.
- The largest First United buyer in Q3 2025 was Fourthstone LLC, an estimated $1.4M added.
- The largest First United seller in Q3 2025 was Hillsdale Investment Management, an estimated $1.63M sold.
Based on aggregated 13F filings for Q3 2025.