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United Bankshares

238 hedge funds and large institutions have $2.58B invested in United Bankshares in 2017 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 113 increasing their positions, 48 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

135% more repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 48

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

71% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 31

16% more capital invested

Capital invested by funds: $2.23B → $2.58B (+$354M)

10% more funds holding

Funds holding: 217238 (+21)

2.31% less ownership

Funds ownership: 65.14%62.83% (-2.3%)

Holders
238
Holders Change
+21
Holders Change %
+9.68%
% of All Funds
5.93%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
53
Increased
113
Reduced
48
Closed
31
Calls
$623K
Puts
Net Calls
+$623K
Net Calls Change
-$471K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$537M +$45.6M +1,150,017 +9%
State Street
2
State Street
Massachusetts
$426M +$102M +2,578,520 +31%
Vanguard Group
3
Vanguard Group
Pennsylvania
$340M +$59.1M +1,488,580 +21%
Northern Trust
4
Northern Trust
Illinois
$115M +$43.9M +1,105,697 +60%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$113M +$39.3M +989,666 +52%
Ameriprise
6
Ameriprise
Minnesota
$102M -$24.7M -621,941 -19%
EARNEST Partners
7
EARNEST Partners
Georgia
$56.5M +$491K +12,377 +0.9%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$53.2M +$10.1M +254,351 +23%
HA
9
Homestead Advisers
Virginia
$38.3M +$38.8M +976,986 New
Geode Capital Management
10
Geode Capital Management
Massachusetts
$35.5M +$10.4M +261,316 +41%
UBWV
11
United Bank (West Virginia)
West Virginia
$34.7M -$59.4K -1,497 -0.2%
GKIM
12
GW&K Investment Management
Massachusetts
$30.2M -$769K -19,375 -2%
TCM
13
Tributary Capital Management
Nebraska
$26.3M +$15.1M +380,511 +131%
CCMLC
14
Cardinal Capital Management LLC (Connecticut)
Connecticut
$24.9M +$25.2M +635,328 New
Macquarie Group
15
Macquarie Group
Australia
$22.9M +$23.2M +583,611 New
Norges Bank
16
Norges Bank
Norway
$22.1M +$1.94M +48,949 +9%
Invesco
17
Invesco
Georgia
$22M -$9.55M -240,646 -30%
Charles Schwab
18
Charles Schwab
California
$21.1M +$5.74M +144,527 +37%
Bank of America
19
Bank of America
North Carolina
$19.4M -$1.81M -45,631 -8%
Principal Financial Group
20
Principal Financial Group
Iowa
$17.4M -$7.15M -180,036 -29%
New York State Common Retirement Fund
21
New York State Common Retirement Fund
New York
$17.3M +$1.81M +45,610 +12%
Goldman Sachs
22
Goldman Sachs
New York
$17.1M +$9.84M +248,027 +131%
Manulife (Manufacturers Life Insurance)
23
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$16.9M +$11.5M +289,350 +204%
SCM
24
Sterling Capital Management
North Carolina
$16.9M -$1.55M -39,093 -8%
Brown Advisory
25
Brown Advisory
Maryland
$14.1M +$1.13M +28,395 +9%

UBSI Hedge Fund Activity: Q2 2017 in Review

238 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q2 2017, worth a combined $2.58B — up 16% from $2.23B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new UBSI positions and 31 closed out — a net gain of 22 holders — while 113 added to existing stakes and 48 trimmed.

The largest buyer was State Street, adding an estimated $102M. The largest seller was Ameriprise, cutting an estimated $24.7M.

  • 238 institutional investors held United Bankshares (UBSI) as of Q2 2017, up from 217 in Q1 2017.
  • Funds reported $2.58B of United Bankshares stock for Q2 2017, up 16% quarter-over-quarter.
  • 53 funds opened new United Bankshares positions in Q2 2017 and 31 closed out, a net change of +22 holders.
  • The largest United Bankshares buyer in Q2 2017 was State Street, an estimated $102M added.
  • The largest United Bankshares seller in Q2 2017 was Ameriprise, an estimated $24.7M sold.

Based on aggregated 13F filings for Q2 2017.