United Bankshares
UBSI
297 hedge funds and large institutions have $2.91B invested in United Bankshares in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 94 increasing their positions, 107 reducing their positions, and 40 closing their positions.
465% more call options, than puts
Call options by funds: $5.85M | Put options by funds: $1.03M
1.66% more ownership
Funds ownership: 70.72% → 72.38% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 310 → 297 (-13)
12% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 107
14% less capital invested
Capital invested by funds: $3.36B → $2.91B (-$455M)
30% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$141M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$5.63M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$4.72M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$4.23M |
| 5 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$4.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$51.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.8M |
| 3 |
BlackRock
New York
|
-$10.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$6.47M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.36M |
UBSI Hedge Fund Activity: Q2 2023 in Review
297 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q2 2023, worth a combined $2.91B — down 14% from $3.36B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of UBSI and 28 opened new positions — a net loss of 12 holders — while 107 trimmed existing stakes and 94 added.
The largest buyer was Goldman Sachs, adding an estimated $141M. The largest seller was State Street, cutting an estimated $51.9M.
- 297 institutional investors held United Bankshares (UBSI) as of Q2 2023, down from 310 in Q1 2023.
- Funds reported $2.91B of United Bankshares stock for Q2 2023, down 14% quarter-over-quarter.
- 28 funds opened new United Bankshares positions in Q2 2023 and 40 closed out, a net change of -12 holders.
- The largest United Bankshares buyer in Q2 2023 was Goldman Sachs, an estimated $141M added.
- The largest United Bankshares seller in Q2 2023 was State Street, an estimated $51.9M sold.
Based on aggregated 13F filings for Q2 2023.