United Bankshares
UBSI
304 hedge funds and large institutions have $3.13B invested in United Bankshares in 2024 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 110 increasing their positions, 107 reducing their positions, and 33 closing their positions.
100% more call options, than puts
Call options by funds: $2.43M | Put options by funds: $1.21M
3% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 107
0.35% more ownership
Funds ownership: 71.02% → 71.37% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 316 → 304 (-12)
9% less capital invested
Capital invested by funds: $3.43B → $3.13B (-$300M)
18% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
+$38.3M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
+$7.13M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$5.75M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$4.86M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$14.4M |
| 2 |
AIG
American International Group
New York
|
-$8.65M |
| 3 |
State Street
Boston,
Massachusetts
|
-$6.75M |
| 4 |
Barclays
London,
United Kingdom
|
-$5.71M |
| 5 |
BlackRock
New York
|
-$5.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
326
FNY Investment Advisers
New York
| – | -$103 | -2,900 | Closed |
|
327
First Manhattan
New York
| – | -$81.9K | -2,288 | Closed |
|
|
NCTC
328
New Covenant Trust Company
Jeffersonville,
Indiana
| – | -$79.4K | -2,218 | Closed |
|
|
KWAG
329
Kiely Wealth Advisory Group
Kernersville,
North Carolina
| – | -$64.1K | -1,932 | Closed |
|
|
AWM
330
Avior Wealth Management
Omaha,
Nebraska
| – | -$27.7K | -775 | Closed |
|
|
CSB
331
City State Bank
Norwalk,
Iowa
| – | -$14K | -400 | Closed |
|
|
LF
332
LifeSteps Financial
Claremont,
California
| – | -$5.66K | -158 | Closed |
|
|
GPI
333
General Partner Inc
Pittsburgh,
Pennsylvania
| – | -$4.37K | -122 | Closed |
|
|
T
334
Tidemark
San Diego,
California
| – | -$3.26K | -91 | Closed |
|
|
GWM
335
Geneos Wealth Management
Englewood,
Colorado
| – | -$931 | -26 | Closed |
|
|
TWP
336
TFO Wealth Partners
Maumee,
Ohio
| – | -$286 | -8 | Closed |
|
|
FGAM
337
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$82 | -2 | Closed |
|
|
SSG
338
Summit Securities Group
New York
| – | +$33 | +1 | New |
|
UBSI Hedge Fund Activity: Q2 2024 in Review
304 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q2 2024, worth a combined $3.13B — down 8.7% from $3.43B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of UBSI and 27 opened new positions — a net loss of 6 holders — while 107 trimmed existing stakes and 110 added.
The largest buyer was ProShare Advisors, adding an estimated $38.3M. The largest seller was Millennium Management, exiting entirely with an estimated $14.4M sold.
- 304 institutional investors held United Bankshares (UBSI) as of Q2 2024, down from 316 in Q1 2024.
- Funds reported $3.13B of United Bankshares stock for Q2 2024, down 8.7% quarter-over-quarter.
- 27 funds opened new United Bankshares positions in Q2 2024 and 33 closed out, a net change of -6 holders.
- The largest United Bankshares buyer in Q2 2024 was ProShare Advisors, an estimated $38.3M added.
- The largest United Bankshares seller in Q2 2024 was Millennium Management, an estimated $14.4M sold.
Based on aggregated 13F filings for Q2 2024.