United Bankshares
UBSI
309 hedge funds and large institutions have $3.6B 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.
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: 1 → 2 (+1)
41% more capital invested
Capital invested by funds: $2.56B → $3.6B (+$1.04B)
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
2.34% more ownership
Funds ownership: 68.63% → 70.97% (+2.3%)
0% more funds holding
Funds holding: 308 → 309 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$86.9M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$28M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$18.5M |
| 4 |
BlackRock
New York
|
+$14.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
-$33M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$13.2M |
| 3 |
HF
HRT Financial
New York
|
-$12.7M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$9.66M |
| 5 |
Millennium Management
New York
|
-$8.47M |
UBSI Hedge Fund Activity: Q4 2023 in Review
309 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q4 2023, worth a combined $3.6B — up 41% 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 $3.6B of United Bankshares stock for Q4 2023, up 41% 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.