United Bankshares
UBSI
171 hedge funds and large institutions have $938M invested in United Bankshares in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 87 increasing their positions, 40 reducing their positions, and 16 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 40
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
16% more capital invested
Capital invested by funds: $809M → $938M (+$128M)
3% more funds holding
Funds holding: 166 → 171 (+5)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$32M |
| 2 |
State Street
Boston,
Massachusetts
|
+$19.9M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$17.9M |
| 4 |
Lazard Asset Management
New York
|
+$17.1M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$21.2M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$7.32M |
| 3 |
MCWS
McKinley Carter Wealth Services
Wheeling,
West Virginia
|
-$4.05M |
| 4 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$3.05M |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
-$2.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
176
Huber Capital Management
El Segundo,
California
| – | -$330K | -10,493 | Closed |
|
|
GCP
177
GSA Capital Partners
London,
United Kingdom
| – | -$274K | -8,700 | Closed |
|
178
Los Angeles Capital Management
Los Angeles,
California
| – | -$263K | -8,370 | Closed |
|
|
VKH
179
Virtu KCG Holdings
New York
| – | -$246K | -7,836 | Closed |
|
|
PP
180
Paloma Partners
Greenwich,
Connecticut
| – | -$233K | -7,414 | Closed |
|
181
Nomura Holdings
Tokyo,
Japan
| – | -$230K | -7,299 | Closed |
|
|
SC
182
Sumit Capital
New York
| – | -$219K | -6,967 | Closed |
|
|
VCM
183
Vigilant Capital Management
Portland,
Maine
| – | -$109K | -3,468 | Closed |
|
|
CTC
184
Central Trust Company
Jefferson City,
Missouri
| – | -$9K | -288 | Closed |
|
|
SSG
185
Summit Securities Group
New York
| – | -$5K | -168 | Closed |
|
|
NES
186
New England Securities
New York
| – | -$2K | -52 | Closed |
|
|
CPA
187
Cowen Prime Advisors
New York
| – | +$30 | +1 | New |
|
UBSI Hedge Fund Activity: Q1 2014 in Review
171 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q1 2014, worth a combined $938M — up 16% from $809M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new UBSI positions and 16 closed out — a net gain of 5 holders — while 87 added to existing stakes and 40 trimmed.
The largest buyer was Vanguard Group, adding an estimated $32M. The largest seller was First Trust Advisors, cutting an estimated $21.2M.
- 171 institutional investors held United Bankshares (UBSI) as of Q1 2014, up from 166 in Q4 2013.
- Funds reported $938M of United Bankshares stock for Q1 2014, up 16% quarter-over-quarter.
- 21 funds opened new United Bankshares positions in Q1 2014 and 16 closed out, a net change of +5 holders.
- The largest United Bankshares buyer in Q1 2014 was Vanguard Group, an estimated $32M added.
- The largest United Bankshares seller in Q1 2014 was First Trust Advisors, an estimated $21.2M sold.
Based on aggregated 13F filings for Q1 2014.