United Bankshares
UBSI
145 hedge funds and large institutions have $666M invested in United Bankshares in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 53 increasing their positions, 36 reducing their positions, and 12 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 36
9% more capital invested
Capital invested by funds: $611M → $666M (+$55.1M)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0% more funds holding
Funds holding: 145 → 145 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CNB
City National Bank
Beverly Hills,
California
|
+$3.16M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$2.8M |
| 3 |
MCWS
McKinley Carter Wealth Services
Wheeling,
West Virginia
|
+$1.52M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.46M |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$6.35M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$5.01M |
| 3 |
Two Sigma Investments
New York
|
-$3.51M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.18M |
| 5 |
Renaissance Technologies
New York
|
-$733K |
UBSI Hedge Fund Activity: Q3 2013 in Review
145 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q3 2013, worth a combined $666M — up 9% from $611M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new UBSI positions and 12 closed out — a net gain of 1 holder — while 53 added to existing stakes and 36 trimmed.
The largest buyer was City National Bank, adding an estimated $3.16M. The largest seller was United Capital Financial Advisors, exiting entirely with an estimated $6.35M sold.
- 145 institutional investors held United Bankshares (UBSI) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $666M of United Bankshares stock for Q3 2013, up 9% quarter-over-quarter.
- 13 funds opened new United Bankshares positions in Q3 2013 and 12 closed out, a net change of +1 holder.
- The largest United Bankshares buyer in Q3 2013 was City National Bank, an estimated $3.16M added.
- The largest United Bankshares seller in Q3 2013 was United Capital Financial Advisors, an estimated $6.35M sold.
Based on aggregated 13F filings for Q3 2013.