United Bankshares
UBSI
265 hedge funds and large institutions have $2.71B invested in United Bankshares in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 89 increasing their positions, 94 reducing their positions, and 28 closing their positions.
1% more capital invested
Capital invested by funds: $2.69B → $2.71B (+$17.4M)
0.85% less ownership
Funds ownership: 70.91% → 70.06% (-0.85%)
5% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 94
2% less funds holding
Funds holding: 271 → 265 (-6)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$11.6M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$5.95M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.92M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$3.12M |
| 5 |
JP Morgan Chase
New York
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$17.5M |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$14.4M |
| 3 |
UBV
United Bank (Virginia)
Vienna,
Virginia
|
-$8.51M |
| 4 |
Goldman Sachs
New York
|
-$6.54M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5.81M |
UBSI Hedge Fund Activity: Q3 2019 in Review
265 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q3 2019, worth a combined $2.71B — up 0.65% from $2.69B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of UBSI and 23 opened new positions — a net loss of 5 holders — while 94 trimmed existing stakes and 89 added.
The largest buyer was Norges Bank, adding an estimated $11.6M. The largest seller was State Street, cutting an estimated $17.5M.
- 265 institutional investors held United Bankshares (UBSI) as of Q3 2019, down from 271 in Q2 2019.
- Funds reported $2.71B of United Bankshares stock for Q3 2019, up 0.65% quarter-over-quarter.
- 23 funds opened new United Bankshares positions in Q3 2019 and 28 closed out, a net change of -5 holders.
- The largest United Bankshares buyer in Q3 2019 was Norges Bank, an estimated $11.6M added.
- The largest United Bankshares seller in Q3 2019 was State Street, an estimated $17.5M sold.
Based on aggregated 13F filings for Q3 2019.