United Bankshares
UBSI
193 hedge funds and large institutions have $1.51B invested in United Bankshares in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 72 increasing their positions, 63 reducing their positions, and 15 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 63
5% more capital invested
Capital invested by funds: $1.43B → $1.51B (+$76.3M)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 195 → 193 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$17.1M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$13.6M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$13.5M |
| 4 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$12.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$40.3M |
| 2 |
Bank of New York Mellon
New York
|
-$1.95M |
| 3 |
Citigroup
New York
|
-$1.85M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.77M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MHI
201
Miller Howard Investments
Kingston,
New York
| – | -$274K | -7,457 | Closed |
|
202
Squarepoint
New York
| – | -$205K | -5,578 | Closed |
|
|
CG
203
Cutler Group
San Francisco,
California
| – | -$33.3K | -882 | Closed |
|
|
CCA
204
Checchi Capital Advisers
Beverly Hills,
California
| – | -$17K | -451 | Closed |
|
|
UFA
205
US Financial Advisors
Braintree,
Massachusetts
| – | -$2K | -64 | Closed |
|
|
TRCT
206
Tower Research Capital (TRC)
New York
| – | -$1K | -39 | Closed |
|
207
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1K | -28 | Closed |
|
UBSI Hedge Fund Activity: Q2 2016 in Review
193 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q2 2016, worth a combined $1.51B — up 5.3% from $1.43B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new UBSI positions and 15 closed out — a net gain of 1 holder — while 72 added to existing stakes and 63 trimmed.
The largest buyer was Ameriprise, adding an estimated $17.1M. The largest seller was State Street, cutting an estimated $40.3M.
- 193 institutional investors held United Bankshares (UBSI) as of Q2 2016, down from 195 in Q1 2016.
- Funds reported $1.51B of United Bankshares stock for Q2 2016, up 5.3% quarter-over-quarter.
- 16 funds opened new United Bankshares positions in Q2 2016 and 15 closed out, a net change of +1 holder.
- The largest United Bankshares buyer in Q2 2016 was Ameriprise, an estimated $17.1M added.
- The largest United Bankshares seller in Q2 2016 was State Street, an estimated $40.3M sold.
Based on aggregated 13F filings for Q2 2016.