United Bankshares
UBSI
281 hedge funds and large institutions have $2.78B invested in United Bankshares in 2019 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 87 increasing their positions, 91 reducing their positions, and 20 closing their positions.
125% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 20
6% more funds holding
Funds holding: 265 → 281 (+16)
3% more capital invested
Capital invested by funds: $2.71B → $2.78B (+$77.7M)
0.8% more ownership
Funds ownership: 70.06% → 70.86% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$19.3M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$15.4M |
| 3 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$10M |
| 4 |
BlackRock
New York
|
+$5.96M |
| 5 |
Morgan Stanley
New York
|
+$5.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$15.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$7.42M |
| 3 |
Man Group
London,
United Kingdom
|
-$5.47M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5.16M |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$3.95M |
UBSI Hedge Fund Activity: Q4 2019 in Review
281 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q4 2019, worth a combined $2.78B — up 2.9% from $2.71B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new UBSI positions and 20 closed out — a net gain of 25 holders — while 87 added to existing stakes and 91 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $19.3M. The largest seller was State Street, cutting an estimated $15.6M.
- 281 institutional investors held United Bankshares (UBSI) as of Q4 2019, up from 265 in Q3 2019.
- Funds reported $2.78B of United Bankshares stock for Q4 2019, up 2.9% quarter-over-quarter.
- 45 funds opened new United Bankshares positions in Q4 2019 and 20 closed out, a net change of +25 holders.
- The largest United Bankshares buyer in Q4 2019 was Millennium Management, an estimated $19.3M added.
- The largest United Bankshares seller in Q4 2019 was State Street, an estimated $15.6M sold.
Based on aggregated 13F filings for Q4 2019.