First United
FUNC
36 hedge funds and large institutions have $36.3M invested in First United in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 6 closing their positions.
3% more capital invested
Capital invested by funds: $35.4M → $36.3M (+$950K)
1.25% less ownership
Funds ownership: 30.76% → 29.51% (-1.3%)
8% less funds holding
Funds holding: 39 → 36 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
+$270K |
| 2 |
State Street
Boston,
Massachusetts
|
+$234K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$219K |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$40.1K |
| 5 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
+$37.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$796K |
| 2 |
Renaissance Technologies
New York
|
-$444K |
| 3 |
BlackRock
New York
|
-$277K |
| 4 |
Jane Street
New York
|
-$199K |
| 5 |
HF
HRT Financial
New York
|
-$189K |
FUNC Hedge Fund Activity: Q3 2021 in Review
36 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q3 2021, worth a combined $36.3M — up 2.7% from $35.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FUNC and 3 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 8 added.
The largest buyer was BHZ Capital Management, opening a new position worth an estimated $270K. The largest seller was Millennium Management, exiting entirely with an estimated $796K sold.
- 36 institutional investors held First United (FUNC) as of Q3 2021, down from 39 in Q2 2021.
- Funds reported $36.3M of First United stock for Q3 2021, up 2.7% quarter-over-quarter.
- 3 funds opened new First United positions in Q3 2021 and 6 closed out, a net change of -3 holders.
- The largest First United buyer in Q3 2021 was BHZ Capital Management, an estimated $270K added.
- The largest First United seller in Q3 2021 was Millennium Management, an estimated $796K sold.
Based on aggregated 13F filings for Q3 2021.