First United
FUNC
23 hedge funds and large institutions have $10.9M invested in First United in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
5% more funds holding
Funds holding: 22 → 23 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.06% less ownership
Funds ownership: 20.1% → 20.03% (-0.06%)
2% less capital inflows, than outflows
Capital inflows: $144K | Capital outflows: $147K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$89.2K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$16.2K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.3K |
| 4 |
BlackRock Investment Management
Wilmington,
Delaware
|
+$11.4K |
| 5 |
Morgan Stanley
New York
|
+$5.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FUBT
First United Bank & Trust
Oakland,
Maryland
|
-$120K |
| 2 |
UBS
Zurich,
Switzerland
|
-$14K |
| 3 |
BlackRock Institutional Trust
San Francisco,
California
|
-$6.35K |
| 4 |
City Holding Co
Charleston,
West Virginia
|
-$4.26K |
| 5 |
Tower Research Capital (TRC)
New York
|
-$2K |
FUNC Hedge Fund Activity: Q2 2014 in Review
23 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q2 2014, worth a combined $10.9M — up 15% from $9.49M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FUNC positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $89.2K. The largest seller was First United Bank & Trust, cutting an estimated $120K.
- 23 institutional investors held First United (FUNC) as of Q2 2014, up from 22 in Q1 2014.
- Funds reported $10.9M of First United stock for Q2 2014, up 15% quarter-over-quarter.
- 3 funds opened new First United positions in Q2 2014 and 2 closed out, a net change of +1 holder.
- The largest First United buyer in Q2 2014 was Dimensional Fund Advisors, an estimated $89.2K added.
- The largest First United seller in Q2 2014 was First United Bank & Trust, an estimated $120K sold.
Based on aggregated 13F filings for Q2 2014.