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First United

37 hedge funds and large institutions have $34.8M invested in First United in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

6% more funds holding

Funds holding: 3537 (+2)

0.31% more ownership

Funds ownership: 31.23%31.54% (+0.31%)

0% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 12

11% less capital invested

Capital invested by funds: $38.9M → $34.8M (-$4.14M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
37
Holders Change
+2
Holders Change %
+5.71%
% of All Funds
0.64%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
3
Increased
12
Reduced
12
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$5.51M +$51.6K +2,893 +0.9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$4.97M
BCM
3
Basswood Capital Management
New York
$4.43M +$557K +31,200 +13%
EC
4
EJF Capital
Virginia
$4.23M -$57.1K -3,200 -1%
GJL
5
Gendell Jeffrey L
$2.66M -$3.57K -200 -0.1%
HAM
6
HoldCo Asset Management
Florida
$1.44M
BlackRock
7
BlackRock
New York
$1.3M -$15K -838 -1%
Renaissance Technologies
8
Renaissance Technologies
New York
$1.3M -$159K -8,900 -10%
BCM
9
Bridgeway Capital Management
Texas
$1.15M
PH
10
Pinnacle Holdings
Oklahoma
$1.01M
Geode Capital Management
11
Geode Capital Management
Massachusetts
$797K +$4.76K +267 +0.6%
RIP
12
Rhino Investment Partners
Pennsylvania
$639K -$198K -11,100 -22%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$585K +$7.71K +432 +1%
American Century Companies
14
American Century Companies
Missouri
$581K
Northern Trust
15
Northern Trust
Illinois
$547K +$17K +951 +3%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$464K -$8.46K -474 -2%
HCM
17
Huber Capital Management
California
$378K +$138K +7,720 +51%
Goldman Sachs
18
Goldman Sachs
New York
$334K +$857 +48 +0.2%
Morgan Stanley
19
Morgan Stanley
New York
$322K -$35K -1,964 -9%
State Street
20
State Street
Massachusetts
$292K
LSV Asset Management
21
LSV Asset Management
Illinois
$263K +$35.4K +1,983 +14%
Russell Investments Group
22
Russell Investments Group
United Kingdom
$252K
Osaic Holdings
23
Osaic Holdings
Arizona
$232K +$246K +13,766 +5,883%
Millennium Management
24
Millennium Management
New York
$226K -$25.1K -1,406 -9%
OSAM
25
O'Shaughnessy Asset Management
Connecticut
$213K -$141K -7,885 -38%

FUNC Hedge Fund Activity: Q3 2022 in Review

37 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First United (FUNC) for Q3 2022, worth a combined $34.8M — down 11% from $38.9M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new FUNC positions and 1 closed out — a net gain of 2 holders — while 12 added to existing stakes and 12 trimmed.

The largest buyer was Basswood Capital Management, adding an estimated $557K. The largest seller was Rhino Investment Partners, cutting an estimated $198K.

  • 37 institutional investors held First United (FUNC) as of Q3 2022, up from 35 in Q2 2022.
  • Funds reported $34.8M of First United stock for Q3 2022, down 11% quarter-over-quarter.
  • 3 funds opened new First United positions in Q3 2022 and 1 closed out, a net change of +2 holders.
  • The largest First United buyer in Q3 2022 was Basswood Capital Management, an estimated $557K added.
  • The largest First United seller in Q3 2022 was Rhino Investment Partners, an estimated $198K sold.

Based on aggregated 13F filings for Q3 2022.