United Bankshares
UBSI
310 hedge funds and large institutions have $3.36B invested in United Bankshares in 2023 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 109 increasing their positions, 114 reducing their positions, and 33 closing their positions.
43% more call options, than puts
Call options by funds: $2.33M | Put options by funds: $1.62M
0.74% more ownership
Funds ownership: 69.99% → 70.72% (+0.74%)
4% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 114
5% less capital invested
Capital invested by funds: $3.53B → $3.36B (-$169M)
5% less funds holding
Funds holding: 326 → 310 (-16)
39% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 33
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$33.9M |
| 2 |
State Street
Boston,
Massachusetts
|
+$20.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$15.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.2M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$9.2M |
Top Sellers
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$22.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$21.9M |
| 3 |
M&T Bank
Buffalo,
New York
|
-$13.1M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$9.13M |
| 5 |
Morgan Stanley
New York
|
-$8.08M |
UBSI Hedge Fund Activity: Q1 2023 in Review
310 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q1 2023, worth a combined $3.36B — down 4.8% from $3.53B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of UBSI and 20 opened new positions — a net loss of 13 holders — while 114 trimmed existing stakes and 109 added.
The largest buyer was Fisher Asset Management, opening a new position worth an estimated $33.9M. The largest seller was Janus Henderson Group, cutting an estimated $22.2M.
- 310 institutional investors held United Bankshares (UBSI) as of Q1 2023, down from 326 in Q4 2022.
- Funds reported $3.36B of United Bankshares stock for Q1 2023, down 4.8% quarter-over-quarter.
- 20 funds opened new United Bankshares positions in Q1 2023 and 33 closed out, a net change of -13 holders.
- The largest United Bankshares buyer in Q1 2023 was Fisher Asset Management, an estimated $33.9M added.
- The largest United Bankshares seller in Q1 2023 was Janus Henderson Group, an estimated $22.2M sold.
Based on aggregated 13F filings for Q1 2023.