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United Bankshares

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.

New
Increased
Maintained
Reduced
Closed

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: 11 (0)

4% less funds holding

Funds holding: 316304 (-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

Holders
304
Holders Change
-12
Holders Change %
-3.8%
% of All Funds
4.39%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
27
Increased
110
Reduced
107
Closed
33
Calls
$2.43M
Puts
$1.21M
Net Calls
+$1.22M
Net Calls Change
-$1.11M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$15.4M +$2.25M +68,207 +17%
Principal Financial Group
27
Principal Financial Group
Iowa
$14.7M -$1.93M -58,506 -11%
BNP Paribas Asset Management
28
BNP Paribas Asset Management
France
$13.8M +$1.3M +39,305 +10%
Wells Fargo
29
Wells Fargo
California
$13.6M -$48.3K -1,462 -0.3%
First Trust Advisors
30
First Trust Advisors
Illinois
$12.3M -$515K -15,584 -4%
Connor, Clark & Lunn Investment Management (CC&L)
31
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$12.1M -$2.08M -62,798 -14%
Ameriprise
32
Ameriprise
Minnesota
$11.9M +$357K +10,803 +3%
SEI Investments
33
SEI Investments
Pennsylvania
$9.64M +$192K +5,813 +2%
AllianceBernstein
34
AllianceBernstein
Tennessee
$9.46M +$176K +5,315 +2%
CIP
35
Chartwell Investment Partners
Pennsylvania
$9.07M -$283K -8,574 -3%
SFM
36
Systematic Financial Management
New Jersey
$9.05M +$3.92M +118,501 +74%
Natixis Advisors
37
Natixis Advisors
Massachusetts
$9.01M +$347K +10,512 +4%
Swiss National Bank
38
Swiss National Bank
Switzerland
$8.61M -$33.1K -1,000 -0.4%
Envestnet Asset Management
39
Envestnet Asset Management
Illinois
$8.31M +$270K +8,174 +3%
California Public Employees Retirement System
40
California Public Employees Retirement System
California
$8.16M +$209K +6,327 +3%
Voloridge Investment Management
41
Voloridge Investment Management
Florida
$8.11M +$7.13M +215,605 +629%
UBS AM
42
UBS AM
Illinois
$8M +$4.03M +122,033 +98%
CF
43
Corebridge Financial
Texas
$7.81M +$7.96M +240,696 New
Qube Research & Technologies (QRT)
44
Qube Research & Technologies (QRT)
United Kingdom
$7.61M +$5.75M +173,814 +285%
BCM
45
Basswood Capital Management
New York
$7.56M
Legal & General Group
46
Legal & General Group
United Kingdom
$6.67M +$130K +3,918 +2%
UBS Group
47
UBS Group
Switzerland
$6.48M -$2.35M -71,086 -26%
SBH
48
Segall Bryant & Hamill
Illinois
$6.25M +$1.33M +40,271 +26%
Retirement Systems of Alabama
49
Retirement Systems of Alabama
Alabama
$5.4M -$85.2K -2,577 -2%
Renaissance Technologies
50
Renaissance Technologies
New York
$5.37M -$139K -4,214 -2%

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.