First United
FUNC
24 hedge funds and large institutions have $11.4M invested in First United in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 0 closing their positions.
8% more capital invested
Capital invested by funds: $10.6M → $11.4M (+$861K)
4% more funds holding
Funds holding: 23 → 24 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$235K |
| 2 |
FUBT
First United Bank & Trust
Oakland,
Maryland
|
+$69.1K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.04K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$5.18K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$414 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$105K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$15.8K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$10.8K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$5.73K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$889 |
FUNC Hedge Fund Activity: Q1 2015 in Review
24 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q1 2015, worth a combined $11.4M — up 8.2% from $10.6M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FUNC positions and 0 closed out — a net gain of 1 holder — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Wells Fargo, adding an estimated $235K. The largest seller was Schneider Capital Management, cutting an estimated $105K.
- 24 institutional investors held First United (FUNC) as of Q1 2015, up from 23 in Q4 2014.
- Funds reported $11.4M of First United stock for Q1 2015, up 8.2% quarter-over-quarter.
- 1 fund opened new First United positions in Q1 2015 and 0 closed out, a net change of +1 holder.
- The largest First United buyer in Q1 2015 was Wells Fargo, an estimated $235K added.
- The largest First United seller in Q1 2015 was Schneider Capital Management, an estimated $105K sold.
Based on aggregated 13F filings for Q1 2015.