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United Bankshares

270 hedge funds and large institutions have $2.38B invested in United Bankshares in 2020 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 106 increasing their positions, 56 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

89% more repeat investments, than reductions

Existing positions increased: 106 | Existing positions reduced: 56

76% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 38

44% more capital invested

Capital invested by funds: $1.66B → $2.38B (+$725M)

12% more funds holding

Funds holding: 242270 (+28)

2% more call options, than puts

Call options by funds: $885K | Put options by funds: $869K

4.28% less ownership

Funds ownership: 70.48%66.19% (-4.3%)

Holders
270
Holders Change
+28
Holders Change %
+11.57%
% of All Funds
5.54%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
67
Increased
106
Reduced
56
Closed
38
Calls
$885K
Puts
$869K
Net Calls
+$16K
Net Calls Change
-$1.31M
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
26
Wells Fargo
California
$12.9M +$2.32M +86,353 +23%
AllianceBernstein
27
AllianceBernstein
Tennessee
$12.6M +$5.24M +195,296 +76%
RhumbLine Advisers
28
RhumbLine Advisers
Massachusetts
$12.5M +$3.09M +115,077 +34%
Principal Financial Group
29
Principal Financial Group
Iowa
$10.9M +$2.52M +93,942 +31%
Manulife (Manufacturers Life Insurance)
30
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$10.7M +$5.1M +190,040 +93%
PPA
31
Parametric Portfolio Associates
Washington
$8.65M +$454K +16,913 +6%
AIG
32
American International Group
New York
$8.62M +$1.55M +57,567 +23%
Ameriprise
33
Ameriprise
Minnesota
$8.46M +$1.29M +47,936 +19%
Morgan Stanley
34
Morgan Stanley
New York
$8.16M -$779K -29,027 -9%
Swiss National Bank
35
Swiss National Bank
Switzerland
$8.01M +$2.49M +92,681 +47%
Truist Financial
36
Truist Financial
North Carolina
$7.73M -$3.62M -134,848 -33%
California Public Employees Retirement System
37
California Public Employees Retirement System
California
$7.58M +$1.52M +56,596 +26%
Legal & General Group
38
Legal & General Group
United Kingdom
$6.73M +$2.62M +97,712 +67%
CIP
39
Chartwell Investment Partners
Pennsylvania
$6.59M +$276K +10,289 +5%
SCA
40
STALEY CAPITAL ADVISERS
Pennsylvania
$6.34M -$1.25M -46,700 -17%
CS
41
Credit Suisse
Switzerland
$6.2M +$3.7M +137,876 +160%
BCM
42
Basswood Capital Management
New York
$6.13M +$1.11M +41,403 +23%
BNP Paribas Asset Management
43
BNP Paribas Asset Management
France
$6.09M +$5.91M +220,095 New
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$5.6M +$520K +19,364 +9%
Millennium Management
45
Millennium Management
New York
$5.4M -$1.99M -73,975 -27%
BGIM
46
Brandywine Global Investment Management
Pennsylvania
$5.25M -$116K -4,327 -2%
California State Teachers Retirement System (CalSTRS)
47
California State Teachers Retirement System (CalSTRS)
California
$5.16M +$1.03M +38,341 +26%
Brown Advisory
48
Brown Advisory
Maryland
$5.1M +$39.3K +1,465 +0.8%
First Trust Advisors
49
First Trust Advisors
Illinois
$4.67M +$323K +12,028 +8%
Retirement Systems of Alabama
50
Retirement Systems of Alabama
Alabama
$4.59M +$906K +33,749 +26%

UBSI Hedge Fund Activity: Q2 2020 in Review

270 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q2 2020, worth a combined $2.38B — up 44% from $1.66B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new UBSI positions and 38 closed out — a net gain of 29 holders — while 106 added to existing stakes and 56 trimmed.

The largest buyer was State Street, adding an estimated $98.3M. The largest seller was Citadel Advisors, cutting an estimated $9.82M.

  • 270 institutional investors held United Bankshares (UBSI) as of Q2 2020, up from 242 in Q1 2020.
  • Funds reported $2.38B of United Bankshares stock for Q2 2020, up 44% quarter-over-quarter.
  • 67 funds opened new United Bankshares positions in Q2 2020 and 38 closed out, a net change of +29 holders.
  • The largest United Bankshares buyer in Q2 2020 was State Street, an estimated $98.3M added.
  • The largest United Bankshares seller in Q2 2020 was Citadel Advisors, an estimated $9.82M sold.

Based on aggregated 13F filings for Q2 2020.