We are live on ! Find out more
FUNC icon

First United
FUNC

27 hedge funds and large institutions have $17.1M invested in First United in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 6

4% less funds holding

Funds holding: 28 → 27 (-1)

7% less capital invested

Capital invested by funds: $18.3M → $17.1M (-$1.23M)

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

50% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 2

Holders
27
Holders Change
-1
Holders Change %
-3.57%
% of All Funds
0.72%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
1
Increased
7
Reduced
6
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GJL
Gendell Jeffrey L
+$753K
2
MI
M3F Inc
Utah
+$181K
3
SCC
Second Curve Capital
Pennsylvania
+$16K
4
Deutsche Bank
Deutsche Bank
Germany
+$14.2K
5
UBS Group
UBS Group
Switzerland
+$5.76K

Top Sellers

Rank Fund Capital Flow
1
FUBT
First United Bank & Trust
Maryland
-$160K
2
AIM
Acrospire Investment Management
Illinois
-$54K
3
Morgan Stanley
Morgan Stanley
New York
-$31.5K
4
LSV Asset Management
LSV Asset Management
Illinois
-$30.2K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$8.52K

FUNC Hedge Fund Activity: Q2 2016 in Review

27 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q2 2016, worth a combined $17.1M — down 6.7% from $18.3M a quarter earlier.

Sellers outnumbered buyers: 2 funds closed out of FUNC and 1 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.

The largest buyer was Gendell Jeffrey L, adding an estimated $753K. The largest seller was First United Bank & Trust, cutting an estimated $160K.

  • 27 institutional investors held First United (FUNC) as of Q2 2016, down from 28 in Q1 2016.
  • Funds reported $17.1M of First United stock for Q2 2016, down 6.7% quarter-over-quarter.
  • 1 fund opened new First United positions in Q2 2016 and 2 closed out, a net change of -1 holder.
  • The largest First United buyer in Q2 2016 was Gendell Jeffrey L, an estimated $753K added.
  • The largest First United seller in Q2 2016 was First United Bank & Trust, an estimated $160K sold.

Based on aggregated 13F filings for Q2 2016.