United Bankshares
UBSI
167 hedge funds and large institutions have $813M invested in United Bankshares in 2013 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 53 increasing their positions, 49 reducing their positions, and 5 closing their positions.
460% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 5
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
21% more capital invested
Capital invested by funds: $669M → $813M (+$143M)
15% more funds holding
Funds holding: 145 → 167 (+22)
8% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$65M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$7.56M |
| 3 |
Bank of New York Mellon
New York
|
+$3.85M |
| 4 |
Goldman Sachs
New York
|
+$3.49M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$8.18M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.54M |
| 3 |
UBWV
United Bank (West Virginia)
Parkersburg,
West Virginia
|
-$3.12M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.44M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.74M |
UBSI Hedge Fund Activity: Q4 2013 in Review
167 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q4 2013, worth a combined $813M — up 21% from $669M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new UBSI positions and 5 closed out — a net gain of 23 holders — while 53 added to existing stakes and 49 trimmed.
The largest buyer was EARNEST Partners, opening a new position worth an estimated $65M. The largest seller was Capital Research Global Investors, cutting an estimated $8.18M.
- 167 institutional investors held United Bankshares (UBSI) as of Q4 2013, up from 145 in Q3 2013.
- Funds reported $813M of United Bankshares stock for Q4 2013, up 21% quarter-over-quarter.
- 28 funds opened new United Bankshares positions in Q4 2013 and 5 closed out, a net change of +23 holders.
- The largest United Bankshares buyer in Q4 2013 was EARNEST Partners, an estimated $65M added.
- The largest United Bankshares seller in Q4 2013 was Capital Research Global Investors, an estimated $8.18M sold.
Based on aggregated 13F filings for Q4 2013.