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First United
FUNC

49 hedge funds and large institutions have $47.4M invested in First United in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

219% more capital inflows, than outflows

Capital inflows: $6.22M | Capital outflows: $1.95M

55% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 11

3.4% more ownership

Funds ownership: 35.35% → 38.75% (+3.4%)

0% more funds holding

Funds holding: 49 → 49 (0)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

Holders
49
Holders Change
–
Holders Change %
0%
% of All Funds
1.06%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
17
Reduced
11
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GJL
Gendell Jeffrey L
+$2.28M
2
MCM
Maltese Capital Management
New York
+$1.48M
3
MI
M3F Inc
Utah
+$888K
4
Renaissance Technologies
Renaissance Technologies
New York
+$307K
5
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$272K

Top Sellers

Rank Fund Capital Flow
1
Basswood Capital Management
Basswood Capital Management
New York
-$1.4M
2
BlackRock
BlackRock
New York
-$235K
3
Invesco
Invesco
Georgia
-$172K
4
UBS Group
UBS Group
Switzerland
-$51.1K
5
Bridgeway Capital Management
Bridgeway Capital Management
Texas
-$44.3K

FUNC Hedge Fund Activity: Q1 2019 in Review

49 of the 4,634 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q1 2019, worth a combined $47.4M — up 19% from $39.8M a quarter earlier.

Fund positioning in FUNC was balanced in Q1 2019: 5 funds opened new positions, 5 closed out, 17 added to existing stakes and 11 trimmed.

The largest buyer was Gendell Jeffrey L, adding an estimated $2.28M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $1.4M sold.

  • 49 institutional investors held First United (FUNC) as of Q1 2019, unchanged from Q4 2018.
  • Funds reported $47.4M of First United stock for Q1 2019, up 19% quarter-over-quarter.
  • 5 funds opened new First United positions in Q1 2019 and 5 closed out, a net change of 0 holders.
  • The largest First United buyer in Q1 2019 was Gendell Jeffrey L, an estimated $2.28M added.
  • The largest First United seller in Q1 2019 was Basswood Capital Management, an estimated $1.4M sold.

Based on aggregated 13F filings for Q1 2019.