First United
FUNC
22 hedge funds and large institutions have $9.49M invested in First United in 2014 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 1 closing their positions.
5% more capital invested
Capital invested by funds: $9.06M → $9.49M (+$426K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 24 → 22 (-2)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$507K |
| 2 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$133K |
| 3 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
+$61.3K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$18.2K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$5.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$31.9K |
| 2 |
FUBT
First United Bank & Trust
Oakland,
Maryland
|
-$22.8K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$10.8K |
| 4 |
Morgan Stanley
New York
|
-$3.86K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.71K |
FUNC Hedge Fund Activity: Q1 2014 in Review
22 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q1 2014, worth a combined $9.49M — up 4.7% from $9.06M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FUNC and 0 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 5 added.
The largest buyer was Vanguard Group, adding an estimated $507K. The largest seller was Royal Bank of Canada, cutting an estimated $31.9K.
- 22 institutional investors held First United (FUNC) as of Q1 2014, down from 24 in Q4 2013.
- Funds reported $9.49M of First United stock for Q1 2014, up 4.7% quarter-over-quarter.
- 0 funds opened new First United positions in Q1 2014 and 1 closed out, a net change of -1 holder.
- The largest First United buyer in Q1 2014 was Vanguard Group, an estimated $507K added.
- The largest First United seller in Q1 2014 was Royal Bank of Canada, an estimated $31.9K sold.
Based on aggregated 13F filings for Q1 2014.