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United Bankshares

309 hedge funds and large institutions have $3.64B invested in United Bankshares in 2023 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 109 increasing their positions, 91 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

158% more call options, than puts

Call options by funds: $5.25M | Put options by funds: $2.03M

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

42% more capital invested

Capital invested by funds: $2.56B → $3.64B (+$1.08B)

20% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 91

11% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 47

3.06% more ownership

Funds ownership: 68.63%71.69% (+3.1%)

0% more funds holding

Funds holding: 308309 (+1)

Holders
309
Holders Change
+1
Holders Change %
+0.32%
% of All Funds
4.51%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
52
Increased
109
Reduced
91
Closed
47
Calls
$5.25M
Puts
$2.03M
Net Calls
+$3.21M
Net Calls Change
+$3.44M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$750M +$14.9M +468,855 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$533M +$2.27M +71,359 +0.5%
State Street
3
State Street
Massachusetts
$321M -$7.09M -223,170 -3%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$274M +$5.5M +172,997 +2%
EARNEST Partners
5
EARNEST Partners
Georgia
$160M +$28M +882,012 +26%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$113M +$3.9M +122,830 +4%
Victory Capital Management
7
Victory Capital Management
Texas
$106M +$86.9M +2,735,901 +2,746%
SAM
8
Silvercrest Asset Management
New York
$88.8M -$33M -1,038,676 -31%
Morgan Stanley
9
Morgan Stanley
New York
$73.2M +$36.1M +1,136,440 +140%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$65.6M +$3.6M +113,431 +7%
Northern Trust
11
Northern Trust
Illinois
$61.1M -$384K -12,085 -0.7%
Fuller & Thaler Asset Management
12
Fuller & Thaler Asset Management
California
$57.5M -$13.2M -415,606 -21%
Charles Schwab
13
Charles Schwab
California
$55.8M +$1.92M +60,465 +4%
ProShare Advisors
14
ProShare Advisors
Maryland
$51.8M +$23.9K +751 +0.1%
Fisher Asset Management
15
Fisher Asset Management
Washington
$51.8M -$6.45M -203,089 -13%
Bank of America
16
Bank of America
North Carolina
$47.3M +$10M +316,029 +33%
Norges Bank
17
Norges Bank
Norway
$45.3M -$2.46M -77,515 -6%
VNIM
18
Vaughan Nelson Investment Management
Texas
$42.9M +$18.5M +581,870 +104%
Citadel Advisors
19
Citadel Advisors
Florida
$40.4M +$13.9M +436,125 +68%
N
20
Nuveen
North Carolina
$37.5M +$11.6M +364,533 +57%
UBV
21
United Bank (Virginia)
Virginia
$27.2M -$995K -31,335 -4%
New York State Common Retirement Fund
22
New York State Common Retirement Fund
New York
$25M +$2.48M +78,022 +13%
JP Morgan Chase
23
JP Morgan Chase
New York
$22.1M +$7.15M +224,988 +62%
Goldman Sachs
24
Goldman Sachs
New York
$21.1M -$1.02M -32,012 -5%
Principal Financial Group
25
Principal Financial Group
Iowa
$20.2M +$208K +6,559 +1%

UBSI Hedge Fund Activity: Q4 2023 in Review

309 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q4 2023, worth a combined $3.64B — up 42% from $2.56B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new UBSI positions and 47 closed out — a net gain of 5 holders — while 109 added to existing stakes and 91 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $86.9M. The largest seller was Silvercrest Asset Management, cutting an estimated $33M.

  • 309 institutional investors held United Bankshares (UBSI) as of Q4 2023, up from 308 in Q3 2023.
  • Funds reported $3.64B of United Bankshares stock for Q4 2023, up 42% quarter-over-quarter.
  • 52 funds opened new United Bankshares positions in Q4 2023 and 47 closed out, a net change of +5 holders.
  • The largest United Bankshares buyer in Q4 2023 was Victory Capital Management, an estimated $86.9M added.
  • The largest United Bankshares seller in Q4 2023 was Silvercrest Asset Management, an estimated $33M sold.

Based on aggregated 13F filings for Q4 2023.