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First United
FUNC

43 hedge funds and large institutions have $36.7M invested in First United in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 11 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 11

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

43% more capital invested

Capital invested by funds: $25.6M → $36.7M (+$11.1M)

2.65% more ownership

Funds ownership: 31.29% → 33.93% (+2.6%)

2% more funds holding

Funds holding: 42 → 43 (+1)

Holders
43
Holders Change
+1
Holders Change %
+2.38%
% of All Funds
0.76%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
3
Increased
19
Reduced
11
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
State Street
State Street
Massachusetts
+$439K
2
GJL
Gendell Jeffrey L
+$409K
3
BlackRock
BlackRock
New York
+$344K
4
EC
EJF Capital
Virginia
+$204K
5
JP Morgan Chase
JP Morgan Chase
New York
+$191K

Top Sellers

Rank Fund Capital Flow
1
WG
Winton Group
United Kingdom
-$214K
2
MI
M3F Inc
Utah
-$131K
3
Renaissance Technologies
Renaissance Technologies
New York
-$113K
4
Northern Trust
Northern Trust
Illinois
-$100K
5
LBS
Lawrence B. Seidman
-$77.5K
Name Holding Trade Value Shares
Change 		Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$6.44M +$66.4K +4,616 +1%
BlackRock
2
BlackRock
New York
$6.07M +$344K +23,883 +6%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$4.98M +$13.4K +933 +0.3%
GJL
4
Gendell Jeffrey L
$2.42M +$409K +28,450 +22%
Northern Trust
5
Northern Trust
Illinois
$1.63M -$100K -6,960 -6%
Renaissance Technologies
6
Renaissance Technologies
New York
$1.61M -$113K -7,830 -7%
State Street
7
State Street
Massachusetts
$1.55M +$439K +30,522 +44%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$1.36M +$9.88K +687 +0.8%
HAM
9
HoldCo Asset Management
Florida
$1.35M +$1.26M +87,261 New
BCM
10
Bridgeway Capital Management
Texas
$1.2M – – –
MI
11
M3F Inc
Utah
$1.1M -$131K -9,123 -11%
PH
12
Pinnacle Holdings
Oklahoma
$917K -$1.15K -80 -0.1%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$797K +$54.4K +3,778 +8%
Morgan Stanley
14
Morgan Stanley
New York
$518K +$76.7K +5,332 +19%
LBS
15
Lawrence B. Seidman
$512K -$77.5K -5,389 -14%
Bank of America
16
Bank of America
North Carolina
$427K +$44.9K +3,119 +13%
KCM
17
Kennedy Capital Management
Missouri
$414K +$489 +34 +0.1%
N
18
Nuveen
North Carolina
$345K +$165K +11,470 +106%
Goldman Sachs
19
Goldman Sachs
New York
$333K +$1.51K +105 +0.5%
JP Morgan Chase
20
JP Morgan Chase
New York
$315K +$191K +13,292 +188%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$290K +$143K +9,963 +114%
Charles Schwab
22
Charles Schwab
California
$263K – – –
Russell Investments Group
23
Russell Investments Group
United Kingdom
$236K – – –
EC
24
EJF Capital
Virginia
$220K +$204K +14,162 New
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$211K – – –
1
2

FUNC Hedge Fund Activity: Q4 2020 in Review

43 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q4 2020, worth a combined $36.7M — up 43% from $25.6M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new FUNC positions and 2 closed out — a net gain of 1 holder — while 19 added to existing stakes and 11 trimmed.

The largest buyer was State Street, adding an estimated $439K. The largest seller was Winton Group, cutting an estimated $214K.

  • 43 institutional investors held First United (FUNC) as of Q4 2020, up from 42 in Q3 2020.
  • Funds reported $36.7M of First United stock for Q4 2020, up 43% quarter-over-quarter.
  • 3 funds opened new First United positions in Q4 2020 and 2 closed out, a net change of +1 holder.
  • The largest First United buyer in Q4 2020 was State Street, an estimated $439K added.
  • The largest First United seller in Q4 2020 was Winton Group, an estimated $214K sold.

Based on aggregated 13F filings for Q4 2020.