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First United
FUNC

47 hedge funds and large institutions have $52.1M invested in First United in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

14% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 14

4% more funds holding

Funds holding: 45 → 47 (+2)

1% less capital invested

Capital invested by funds: $52.3M → $52.1M (-$276K)

3.06% less ownership

Funds ownership: 33.46% → 30.4% (-3.1%)

Holders
47
Holders Change
+2
Holders Change %
+4.44%
% of All Funds
0.93%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
16
Reduced
14
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Renaissance Technologies
Renaissance Technologies
New York
+$1.45M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$1.3M
3
BlackRock
BlackRock
New York
+$1.04M
4
LBS
Lawrence B. Seidman
+$947K
5
Wellington Management Group
Wellington Management Group
Massachusetts
+$870K

Top Sellers

Rank Fund Capital Flow
1
EC
EJF Capital
Virginia
-$5.21M
2
QCMA
Quad Capital Management Advisors
New York
-$3.33M
3
GJL
Gendell Jeffrey L
-$1.84M
4
Northern Trust
Northern Trust
Illinois
-$1.2M
5
FIA
FNY Investment Advisers
New York
-$1.17M
Name Holding Trade Value Shares
Change 		Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$7.78M +$53.9K +2,277 +0.7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$7.68M +$1.3M +54,962 +21%
GJL
3
Gendell Jeffrey L
$7.34M -$1.84M -77,637 -20%
MI
4
M3F Inc
Utah
$3.7M -$1.37K -58 -0%
Renaissance Technologies
5
Renaissance Technologies
New York
$3.21M +$1.45M +61,397 +85%
MCM
6
Maltese Capital Management
New York
$2.89M +$791K +33,400 +39%
BlackRock
7
BlackRock
New York
$2.09M +$1.04M +43,937 +103%
PH
8
Pinnacle Holdings
Oklahoma
$1.73M -$5.68K -240 -0.3%
FL
9
Fourthstone LLC
Missouri
$1.67M +$1.65M +69,489 New
BCM
10
Bridgeway Capital Management
Texas
$1.46M -$85.2K -3,600 -6%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$1.01M +$36.4K +1,537 +4%
LBS
12
Lawrence B. Seidman
$964K +$947K +40,000 New
Wellington Management Group
13
Wellington Management Group
Massachusetts
$885K +$870K +36,753 New
Morgan Stanley
14
Morgan Stanley
New York
$781K +$31.4K +1,327 +4%
California Public Employees Retirement System
15
California Public Employees Retirement System
California
$722K -$182K -7,700 -20%
KCM
16
Kennedy Capital Management
Missouri
$632K +$156K +6,570 +33%
Northern Trust
17
Northern Trust
Illinois
$625K -$1.2M -50,618 -66%
Goldman Sachs
18
Goldman Sachs
New York
$608K +$70K +2,955 +13%
Bank of America
19
Bank of America
North Carolina
$553K -$3.31K -140 -0.6%
CS
20
Credit Suisse
Switzerland
$518K +$509K +21,500 New
Qube Research & Technologies (QRT)
21
Qube Research & Technologies (QRT)
United Kingdom
$518K +$509K +21,500 New
Bank of New York Mellon
22
Bank of New York Mellon
New York
$514K +$260K +10,997 +106%
ECM
23
ExodusPoint Capital Management
New York
$472K +$464K +19,584 New
FIA
24
FNY Investment Advisers
New York
$451K -$1.17M -49,245 -72%
JP Morgan Chase
25
JP Morgan Chase
New York
$376K +$109K +4,607 +42%
1
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FUNC Hedge Fund Activity: Q4 2019 in Review

47 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q4 2019, worth a combined $52.1M — down 0.53% from $52.3M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FUNC positions and 7 closed out — a net gain of 3 holders — while 16 added to existing stakes and 14 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $1.45M. The largest seller was EJF Capital, exiting entirely with an estimated $5.21M sold.

  • 47 institutional investors held First United (FUNC) as of Q4 2019, up from 45 in Q3 2019.
  • Funds reported $52.1M of First United stock for Q4 2019, down 0.53% quarter-over-quarter.
  • 10 funds opened new First United positions in Q4 2019 and 7 closed out, a net change of +3 holders.
  • The largest First United buyer in Q4 2019 was Renaissance Technologies, an estimated $1.45M added.
  • The largest First United seller in Q4 2019 was EJF Capital, an estimated $5.21M sold.

Based on aggregated 13F filings for Q4 2019.