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United Bankshares

242 hedge funds and large institutions have $1.66B invested in United Bankshares in 2020 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 72 increasing their positions, 84 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,839% more call options, than puts

Call options by funds: $1.4M | Put options by funds: $72K

0.38% less ownership

Funds ownership: 70.86%70.48% (-0.38%)

14% less funds holding

Funds holding: 281242 (-39)

14% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 84

41% less capital invested

Capital invested by funds: $2.78B → $1.66B (-$1.13B)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

52% less first-time investments, than exits

New positions opened: 34 | Existing positions closed: 71

Holders
242
Holders Change
-39
Holders Change %
-13.88%
% of All Funds
5.33%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
34
Increased
72
Reduced
84
Closed
71
Calls
$1.4M
Puts
$72K
Net Calls
+$1.32M
Net Calls Change
-$918K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$322M -$11.5M -364,873 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$233M +$6.59M +209,854 +2%
State Street
3
State Street
Massachusetts
$203M +$15M +477,190 +6%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$124M +$2.86M +91,170 +2%
EARNEST Partners
5
EARNEST Partners
Georgia
$54.5M +$2.08M +66,255 +3%
Fuller & Thaler Asset Management
6
Fuller & Thaler Asset Management
California
$45.5M +$8.07M +257,029 +15%
Northern Trust
7
Northern Trust
Illinois
$36.3M -$176K -5,616 -0.4%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$34.3M +$2.63M +83,709 +6%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$34.2M +$105K +3,351 +0.2%
Janus Henderson Group
10
Janus Henderson Group
United Kingdom
$33.7M +$45.8M +1,460,018 New
SAM
11
Silvercrest Asset Management
New York
$31.6M +$5.37M +170,864 +14%
Norges Bank
12
Norges Bank
Norway
$31.4M +$1.29M +41,118 +3%
Citadel Advisors
13
Citadel Advisors
Florida
$26.1M +$33M +1,049,723 +1,301%
UBV
14
United Bank (Virginia)
Virginia
$25M +$154K +4,900 +0.5%
JP Morgan Chase
15
JP Morgan Chase
New York
$24.7M -$419K -13,358 -1%
Charles Schwab
16
Charles Schwab
California
$19.7M +$1.33M +42,456 +5%
Goldman Sachs
17
Goldman Sachs
New York
$19.5M -$3.18M -101,235 -11%
ProShare Advisors
18
ProShare Advisors
Maryland
$18.4M +$1.21M +38,546 +5%
M&T Bank
19
M&T Bank
New York
$12.9M -$1.67M -53,092 -9%
New York State Common Retirement Fund
20
New York State Common Retirement Fund
New York
$12.7M -$8.67K -276 -0.1%
Invesco
21
Invesco
Georgia
$12.4M +$1.07M +34,178 +7%
Bank of America
22
Bank of America
North Carolina
$12.1M -$9.98M -317,969 -38%
N
23
Nuveen
North Carolina
$10.9M +$2.17M +69,095 +17%
Truist Financial
24
Truist Financial
North Carolina
$9.56M +$155K +4,951 +1%
Wells Fargo
25
Wells Fargo
California
$8.79M -$15.8M -504,449 -57%

UBSI Hedge Fund Activity: Q1 2020 in Review

242 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q1 2020, worth a combined $1.66B — down 41% from $2.78B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of UBSI and 34 opened new positions — a net loss of 37 holders — while 84 trimmed existing stakes and 72 added.

The largest buyer was Janus Henderson Group, opening a new position worth an estimated $45.8M. The largest seller was Anchor Capital Advisors, cutting an estimated $38.5M.

  • 242 institutional investors held United Bankshares (UBSI) as of Q1 2020, down from 281 in Q4 2019.
  • Funds reported $1.66B of United Bankshares stock for Q1 2020, down 41% quarter-over-quarter.
  • 34 funds opened new United Bankshares positions in Q1 2020 and 71 closed out, a net change of -37 holders.
  • The largest United Bankshares buyer in Q1 2020 was Janus Henderson Group, an estimated $45.8M added.
  • The largest United Bankshares seller in Q1 2020 was Anchor Capital Advisors, an estimated $38.5M sold.

Based on aggregated 13F filings for Q1 2020.