United Bankshares
UBSI
308 hedge funds and large institutions have $2.56B invested in United Bankshares in 2023 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 109 increasing their positions, 105 reducing their positions, and 27 closing their positions.
44% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 27
4% more funds holding
Funds holding: 297 → 308 (+11)
4% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 105
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.76% less ownership
Funds ownership: 72.38% → 68.63% (-3.8%)
12% less capital invested
Capital invested by funds: $2.91B → $2.56B (-$346M)
17% less call options, than puts
Call options by funds: $1.11M | Put options by funds: $1.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$21.4M |
| 2 |
Millennium Management
New York
|
+$17.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$16M |
| 4 |
HF
HRT Financial
New York
|
+$13.9M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$135M |
| 2 |
State Street
Boston,
Massachusetts
|
-$133M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$19.1M |
| 4 |
Morgan Stanley
New York
|
-$13.6M |
| 5 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
-$7.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
P
326
Pitcairn
Conshohocken,
Pennsylvania
| – | -$257K | -8,659 | Closed |
|
|
YIH
327
Y-Intercept (HK)
Hong Kong
| – | -$255K | -8,591 | Closed |
|
|
ZIM
328
Zacks Investment Management
Chicago,
Illinois
| – | -$239K | -8,070 | Closed |
|
|
FRM
329
Fox Run Management
Greenwich,
Connecticut
| – | -$231K | -7,784 | Closed |
|
|
PBO
330
Peoples Bank (Ohio)
Marietta,
Ohio
| – | -$209K | -7,044 | Closed |
|
|
CWP
331
Concord Wealth Partners
Abingdon,
Virginia
| – | -$44.3K | -1,494 | Closed |
|
332
Simplex Trading
Chicago,
Illinois
| – | -$40.9K | -1,359 | Closed |
|
|
CT
333
Caldwell Trust
Venice,
Florida
| – | -$1.3K | -44 | Closed |
|
|
FGAM
334
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$1.17K | -30 | Closed |
|
|
DI
335
Disciplined Investments
Tulsa,
Oklahoma
| – | -$801 | -27 | Closed |
|
|
MFT
336
Moisand Fitzgerald Tamayo
Orlando,
Florida
| – | -$594 | -20 | Closed |
|
UBSI Hedge Fund Activity: Q3 2023 in Review
308 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q3 2023, worth a combined $2.56B — down 12% from $2.91B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new UBSI positions and 27 closed out — a net gain of 12 holders — while 109 added to existing stakes and 105 trimmed.
The largest buyer was Fisher Asset Management, adding an estimated $21.4M. The largest seller was Goldman Sachs, cutting an estimated $135M.
- 308 institutional investors held United Bankshares (UBSI) as of Q3 2023, up from 297 in Q2 2023.
- Funds reported $2.56B of United Bankshares stock for Q3 2023, down 12% quarter-over-quarter.
- 39 funds opened new United Bankshares positions in Q3 2023 and 27 closed out, a net change of +12 holders.
- The largest United Bankshares buyer in Q3 2023 was Fisher Asset Management, an estimated $21.4M added.
- The largest United Bankshares seller in Q3 2023 was Goldman Sachs, an estimated $135M sold.
Based on aggregated 13F filings for Q3 2023.