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First United

24 hedge funds and large institutions have $18.2M invested in First United in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more capital invested

Capital invested by funds: $9.66M → $18.2M (+$8.58M)

20% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 5

0% more funds holding

Funds holding: 2424 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

Holders
24
Holders Change
Holders Change %
0%
% of All Funds
0.63%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.05%
New
3
Increased
6
Reduced
5
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MI
1
M3F Inc
Utah
$4.82M +$3.91M +412,175 New
SCC
2
Second Curve Capital
Pennsylvania
$3.3M
FUBT
3
First United Bank & Trust
Maryland
$2.72M -$26.7K -2,808 -1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$2.52M -$5.7K -600 -0.3%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$2.48M +$31K +3,263 +2%
Northern Trust
6
Northern Trust
Illinois
$644K
California Public Employees Retirement System
7
California Public Employees Retirement System
California
$367K
BCM
8
Bridgeway Capital Management
Texas
$304K +$114K +12,000 +85%
BFA
9
BlackRock Fund Advisors
California
$242K +$4.95K +521 +3%
LSV Asset Management
10
LSV Asset Management
Illinois
$218K -$43.2K -4,549 -19%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$210K
Bank of New York Mellon
12
Bank of New York Mellon
New York
$119K
BIT
13
BlackRock Institutional Trust
California
$116K -$6.14K -647 -6%
Morgan Stanley
14
Morgan Stanley
New York
$78K +$18.9K +1,991 +43%
BA
15
BlackRock Advisors
Delaware
$28K
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$21K -$28.8K -3,037 -63%
BIM
17
BlackRock Investment Management
Delaware
$13K +$1.04K +110 +11%
Acadian Asset Management
18
Acadian Asset Management
Massachusetts
$10K
Deutsche Bank
19
Deutsche Bank
Germany
$7K +$5.7K +600 New
CHC
20
City Holding Co
West Virginia
$6K
EARNEST Partners
21
EARNEST Partners
Georgia
$5K
GT
22
Glenmede Trust
Pennsylvania
$5K
Federated Hermes
23
Federated Hermes
Pennsylvania
$1K +$256 +27 New
SCM
24
Schneider Capital Management
Pennsylvania
-$247K -30,119 Closed
UBS Group
25
UBS Group
Switzerland
-$12K -1,458 Closed

FUNC Hedge Fund Activity: Q4 2015 in Review

24 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q4 2015, worth a combined $18.2M — up 89% from $9.66M a quarter earlier.

Fund positioning in FUNC was balanced in Q4 2015: 3 funds opened new positions, 3 closed out, 6 added to existing stakes and 5 trimmed.

The largest buyer was Bridgeway Capital Management, adding an estimated $114K. The largest seller was Schneider Capital Management, exiting entirely with an estimated $247K sold.

  • 24 institutional investors held First United (FUNC) as of Q4 2015, unchanged from Q3 2015.
  • Funds reported $18.2M of First United stock for Q4 2015, up 89% quarter-over-quarter.
  • 3 funds opened new First United positions in Q4 2015 and 3 closed out, a net change of 0 holders.
  • The largest First United buyer in Q4 2015 was Bridgeway Capital Management, an estimated $114K added.
  • The largest First United seller in Q4 2015 was Schneider Capital Management, an estimated $247K sold.

Based on aggregated 13F filings for Q4 2015.