United Bankshares
UBSI
163 hedge funds and large institutions have $1.1B invested in United Bankshares in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 71 increasing their positions, 47 reducing their positions, and 16 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 47
17% more capital invested
Capital invested by funds: $938M → $1.1B (+$162M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 171 → 163 (-8)
50% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$81.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$15.2M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$9.45M |
| 4 |
CNB
City National Bank
Beverly Hills,
California
|
+$8.08M |
| 5 |
Lazard Asset Management
New York
|
+$4.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$18.3M |
| 2 |
Goldman Sachs
New York
|
-$7.04M |
| 3 |
D.E. Shaw & Co
New York
|
-$2.63M |
| 4 |
Renaissance Technologies
New York
|
-$2.08M |
| 5 |
JP Morgan Chase
New York
|
-$1.61M |
UBSI Hedge Fund Activity: Q2 2014 in Review
163 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q2 2014, worth a combined $1.1B — up 17% from $938M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of UBSI and 8 opened new positions — a net loss of 8 holders — while 47 trimmed existing stakes and 71 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $81.5M. The largest seller was Banc Funds Company, exiting entirely with an estimated $18.3M sold.
- 163 institutional investors held United Bankshares (UBSI) as of Q2 2014, down from 171 in Q1 2014.
- Funds reported $1.1B of United Bankshares stock for Q2 2014, up 17% quarter-over-quarter.
- 8 funds opened new United Bankshares positions in Q2 2014 and 16 closed out, a net change of -8 holders.
- The largest United Bankshares buyer in Q2 2014 was BlackRock Fund Advisors, an estimated $81.5M added.
- The largest United Bankshares seller in Q2 2014 was Banc Funds Company, an estimated $18.3M sold.
Based on aggregated 13F filings for Q2 2014.