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United Bankshares

235 hedge funds and large institutions have $2.34B invested in United Bankshares in 2016 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 79 increasing their positions, 65 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,769% more call options, than puts

Call options by funds: $4.02M | Put options by funds: $104K

229% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 14

62.42% more ownership

Funds ownership: 0%62.42% (+62%)

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

41% more capital invested

Capital invested by funds: $1.66B → $2.34B (+$683M)

22% more repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 65

15% more funds holding

Funds holding: 205235 (+30)

Holders
235
Holders Change
+30
Holders Change %
+14.63%
% of All Funds
5.88%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
46
Increased
79
Reduced
65
Closed
14
Calls
$4.02M
Puts
$104K
Net Calls
+$3.92M
Net Calls Change
+$3.52M
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
1
BlackRock Fund Advisors
California
$433M +$61.1M +1,440,367 +18%
Vanguard Group
2
Vanguard Group
Pennsylvania
$314M +$36.6M +861,329 +15%
State Street
3
State Street
Massachusetts
$283M +$59.7M +1,405,930 +30%
Ameriprise
4
Ameriprise
Minnesota
$144M +$10.5M +247,938 +9%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$103M +$2.58M +60,743 +3%
BIT
6
BlackRock Institutional Trust
California
$90.6M +$9.07M +213,718 +12%
Northern Trust
7
Northern Trust
Illinois
$72.9M +$1.49M +35,131 +2%
EARNEST Partners
8
EARNEST Partners
Georgia
$65.1M -$4.9M -115,522 -8%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$47.8M +$6.82M +160,646 +18%
UBWV
10
United Bank (West Virginia)
West Virginia
$41.9M +$409K +9,643 +1%
Invesco
11
Invesco
Georgia
$36.8M -$978K -23,050 -3%
Principal Financial Group
12
Principal Financial Group
Iowa
$27.8M +$4.22M +99,380 +20%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$27.4M +$4.42M +104,211 +21%
Norges Bank
14
Norges Bank
Norway
$23.3M -$2.67M -62,940 -11%
SCM
15
Sterling Capital Management
North Carolina
$21.7M -$1.21M -28,500 -6%
Bank of America
16
Bank of America
North Carolina
$20.4M +$4.88M +114,971 +35%
BIM
17
BlackRock Investment Management
Delaware
$19.7M +$3.2M +75,335 +22%
GKIM
18
GW&K Investment Management
Massachusetts
$18.1M +$16.7M +392,424 New
Brown Advisory
19
Brown Advisory
Maryland
$18M -$844K -19,883 -5%
Goldman Sachs
20
Goldman Sachs
New York
$17.4M +$11.6M +272,685 +261%
New York State Common Retirement Fund
21
New York State Common Retirement Fund
New York
$16.6M
Balyasny Asset Management
22
Balyasny Asset Management
Illinois
$16.6M +$459K +10,821 +3%
Charles Schwab
23
Charles Schwab
California
$15.2M +$1.65M +38,874 +13%
MCA
24
Mendon Capital Advisors
Florida
$14.4M +$13.3M +312,184 New
CIP
25
Chartwell Investment Partners
Pennsylvania
$13.8M -$356K -8,380 -3%

UBSI Hedge Fund Activity: Q4 2016 in Review

235 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q4 2016, worth a combined $2.34B — up 41% from $1.66B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new UBSI positions and 14 closed out — a net gain of 32 holders — while 79 added to existing stakes and 65 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $61.1M. The largest seller was Banc Funds Company, cutting an estimated $7.51M.

  • 235 institutional investors held United Bankshares (UBSI) as of Q4 2016, up from 205 in Q3 2016.
  • Funds reported $2.34B of United Bankshares stock for Q4 2016, up 41% quarter-over-quarter.
  • 46 funds opened new United Bankshares positions in Q4 2016 and 14 closed out, a net change of +32 holders.
  • The largest United Bankshares buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $61.1M added.
  • The largest United Bankshares seller in Q4 2016 was Banc Funds Company, an estimated $7.51M sold.

Based on aggregated 13F filings for Q4 2016.