First United
FUNC
24 hedge funds and large institutions have $9.06M invested in First United in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 0 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
26% more funds holding
Funds holding: 19 → 24 (+5)
4% more capital invested
Capital invested by funds: $8.74M → $9.06M (+$321K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$464K |
| 2 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$436K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$31.6K |
| 4 |
Morgan Stanley
New York
|
+$26.5K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$24.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FUBT
First United Bank & Trust
Oakland,
Maryland
|
-$47.5K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$11.8K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$796 |
FUNC Hedge Fund Activity: Q4 2013 in Review
24 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q4 2013, worth a combined $9.06M — up 3.7% from $8.74M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FUNC positions and 0 closed out — a net gain of 5 holders — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Second Curve Capital, adding an estimated $464K. The largest seller was First United Bank & Trust, cutting an estimated $47.5K.
- 24 institutional investors held First United (FUNC) as of Q4 2013, up from 19 in Q3 2013.
- Funds reported $9.06M of First United stock for Q4 2013, up 3.7% quarter-over-quarter.
- 5 funds opened new First United positions in Q4 2013 and 0 closed out, a net change of +5 holders.
- The largest First United buyer in Q4 2013 was Second Curve Capital, an estimated $464K added.
- The largest First United seller in Q4 2013 was First United Bank & Trust, an estimated $47.5K sold.
Based on aggregated 13F filings for Q4 2013.