First United
FUNC
25 hedge funds and large institutions have $9.81M invested in First United in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
9% more funds holding
Funds holding: 23 → 25 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less capital invested
Capital invested by funds: $10.9M → $9.81M (-$1.13M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$121K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$24.8K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$15.3K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.66K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.26K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WB
WesBanco Bank
Wheeling,
West Virginia
|
-$141K |
| 2 |
FUBT
First United Bank & Trust
Oakland,
Maryland
|
-$113K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13.6K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$11.1K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.76K |
FUNC Hedge Fund Activity: Q3 2014 in Review
25 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q3 2014, worth a combined $9.81M — down 10% from $10.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FUNC positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $121K. The largest seller was WesBanco Bank, exiting entirely with an estimated $141K sold.
- 25 institutional investors held First United (FUNC) as of Q3 2014, up from 23 in Q2 2014.
- Funds reported $9.81M of First United stock for Q3 2014, down 10% quarter-over-quarter.
- 3 funds opened new First United positions in Q3 2014 and 1 closed out, a net change of +2 holders.
- The largest First United buyer in Q3 2014 was Bridgeway Capital Management, an estimated $121K added.
- The largest First United seller in Q3 2014 was WesBanco Bank, an estimated $141K sold.
Based on aggregated 13F filings for Q3 2014.