United Bankshares
UBSI
171 hedge funds and large institutions have $941M 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 17 closing their positions.
118% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 40
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
16% more capital invested
Capital invested by funds: $813M → $941M (+$129M)
2% more funds holding
Funds holding: 167 → 171 (+4)
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 |
UBSI Hedge Fund Activity: Q1 2014 in Review
171 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q1 2014, worth a combined $941M — up 16% from $813M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new UBSI positions and 17 closed out — a net gain of 4 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 167 in Q4 2013.
- Funds reported $941M of United Bankshares stock for Q1 2014, up 16% quarter-over-quarter.
- 21 funds opened new United Bankshares positions in Q1 2014 and 17 closed out, a net change of +4 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.