United Bancorp
UBCP
12 hedge funds and large institutions have $6.5M invested in United Bancorp in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
64% more capital invested
Capital invested by funds: $3.96M → $6.5M (+$2.54M)
8% less funds holding
Funds holding: 13 → 12 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$1.54M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$76.5K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$7.25K |
| 4 |
Morgan Stanley
New York
|
+$76 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WB
WesBanco Bank
Wheeling,
West Virginia
|
-$4.6K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WB
1
WesBanco Bank
Wheeling,
West Virginia
| $2.27M | -$4.6K | -544 | -0.2% |
|
|
YCM
2
Yakira Capital Management
Westport,
Connecticut
| $2.24M | +$1.54M | +182,085 | New |
|
3
Wellington Management Group
Boston,
Massachusetts
| $703K | – | – | – |
|
|
HNB
4
Huntington National Bank
Columbus,
Ohio
| $486K | – | – | – |
|
|
5
Vanguard Group
Malvern,
Pennsylvania
| $440K | +$76.5K | +9,046 | +21% |
|
|
LWCFA
6
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
| $132K | – | – | – |
|
7
California Public Employees Retirement System
Sacramento,
California
| $107K | – | – | – |
|
|
FFBTD
8
First Financial Bank - Trust Division
Hamilton,
Ohio
| $87K | – | – | – |
|
|
BA
9
BlackRock Advisors
Wilmington,
Delaware
| $21K | – | – | – |
|
|
U
10
UBS
Zurich,
Switzerland
| $15K | +$7.25K | +857 | +90% |
|
|
11
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$2 | -267 | Closed |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$1K | -101 | Closed |
|
|
13
Bank of America
Charlotte,
North Carolina
| – | -$1K | -69 | Closed |
|
|
14
Morgan Stanley
New York
| – | +$76 | +9 | New |
|
UBCP Hedge Fund Activity: Q1 2014 in Review
12 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in United Bancorp (UBCP) for Q1 2014, worth a combined $6.5M — up 64% from $3.96M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of UBCP and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was Yakira Capital Management, opening a new position worth an estimated $1.54M. The largest seller was WesBanco Bank, cutting an estimated $4.6K.
- 12 institutional investors held United Bancorp (UBCP) as of Q1 2014, down from 13 in Q4 2013.
- Funds reported $6.5M of United Bancorp stock for Q1 2014, up 64% quarter-over-quarter.
- 2 funds opened new United Bancorp positions in Q1 2014 and 3 closed out, a net change of -1 holder.
- The largest United Bancorp buyer in Q1 2014 was Yakira Capital Management, an estimated $1.54M added.
- The largest United Bancorp seller in Q1 2014 was WesBanco Bank, an estimated $4.6K sold.
Based on aggregated 13F filings for Q1 2014.