United Bankshares
UBSI
271 hedge funds and large institutions have $2.68B invested in United Bankshares in 2020 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 74 increasing their positions, 88 reducing their positions, and 39 closing their positions.
50% more capital invested
Capital invested by funds: $1.79B → $2.68B (+$890M)
41% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 39
5% more funds holding
Funds holding: 259 → 271 (+12)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.2% less ownership
Funds ownership: 64.12% → 63.92% (-0.2%)
16% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 88
28% less call options, than puts
Call options by funds: $919K | Put options by funds: $1.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$28.2M |
| 2 |
BlackRock
New York
|
+$11.4M |
| 3 |
Goldman Sachs
New York
|
+$8.66M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.75M |
| 5 |
BNP Paribas Asset Management
Paris,
France
|
+$5.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$76.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$12.6M |
| 3 |
Morgan Stanley
New York
|
-$4.01M |
| 4 |
JP Morgan Chase
New York
|
-$3.63M |
| 5 |
SCA
STALEY CAPITAL ADVISERS
Pittsburgh,
Pennsylvania
|
-$2.82M |
UBSI Hedge Fund Activity: Q4 2020 in Review
271 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q4 2020, worth a combined $2.68B — up 50% from $1.79B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new UBSI positions and 39 closed out — a net gain of 16 holders — while 74 added to existing stakes and 88 trimmed.
The largest buyer was Millennium Management, adding an estimated $28.2M. The largest seller was State Street, cutting an estimated $76.8M.
- 271 institutional investors held United Bankshares (UBSI) as of Q4 2020, up from 259 in Q3 2020.
- Funds reported $2.68B of United Bankshares stock for Q4 2020, up 50% quarter-over-quarter.
- 55 funds opened new United Bankshares positions in Q4 2020 and 39 closed out, a net change of +16 holders.
- The largest United Bankshares buyer in Q4 2020 was Millennium Management, an estimated $28.2M added.
- The largest United Bankshares seller in Q4 2020 was State Street, an estimated $76.8M sold.
Based on aggregated 13F filings for Q4 2020.