First United
FUNC
25 hedge funds and large institutions have $10.6M invested in First United in 2015 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and closing their positions.
4% more funds holding
Funds holding: 24 → 25 (+1)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
7% less capital invested
Capital invested by funds: $11.4M → $10.6M (-$781K)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$38.7K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$21.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$16.9K |
| 4 |
Bank of New York Mellon
New York
|
+$8.24K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.44K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FUBT
First United Bank & Trust
Oakland,
Maryland
|
-$223K |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$35.1K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$32.4K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$29.4K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$11.7K |
FUNC Hedge Fund Activity: Q2 2015 in Review
25 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q2 2015, worth a combined $10.6M — down 6.8% from $11.4M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FUNC positions and 0 closed out — a net gain of 1 holder — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $38.7K. The largest seller was First United Bank & Trust, cutting an estimated $223K.
- 25 institutional investors held First United (FUNC) as of Q2 2015, up from 24 in Q1 2015.
- Funds reported $10.6M of First United stock for Q2 2015, down 6.8% quarter-over-quarter.
- 1 fund opened new First United positions in Q2 2015 and 0 closed out, a net change of +1 holder.
- The largest First United buyer in Q2 2015 was Royal Bank of Canada, an estimated $38.7K added.
- The largest First United seller in Q2 2015 was First United Bank & Trust, an estimated $223K sold.
Based on aggregated 13F filings for Q2 2015.