United Bankshares
UBSI
316 hedge funds and large institutions have $3.43B invested in United Bankshares in 2024 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 94 increasing their positions, 113 reducing their positions, and 26 closing their positions.
150% more call options, than puts
Call options by funds: $3.88M | Put options by funds: $1.55M
35% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 26
2% more funds holding
Funds holding: 309 → 316 (+7)
0.67% less ownership
Funds ownership: 71.69% → 71.02% (-0.67%)
6% less capital invested
Capital invested by funds: $3.64B → $3.43B (-$203M)
17% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 113
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$38.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$19.2M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$16.8M |
| 4 |
Renaissance Technologies
New York
|
+$6M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$5.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$39M |
| 2 |
BlackRock
New York
|
-$16M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$13.1M |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
-$11.6M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
-$8.82M |
UBSI Hedge Fund Activity: Q1 2024 in Review
316 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in United Bankshares (UBSI) for Q1 2024, worth a combined $3.43B — down 5.6% from $3.64B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new UBSI positions and 26 closed out — a net gain of 9 holders — while 94 added to existing stakes and 113 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $38.6M. The largest seller was Morgan Stanley, cutting an estimated $39M.
- 316 institutional investors held United Bankshares (UBSI) as of Q1 2024, up from 309 in Q4 2023.
- Funds reported $3.43B of United Bankshares stock for Q1 2024, down 5.6% quarter-over-quarter.
- 35 funds opened new United Bankshares positions in Q1 2024 and 26 closed out, a net change of +9 holders.
- The largest United Bankshares buyer in Q1 2024 was Victory Capital Management, an estimated $38.6M added.
- The largest United Bankshares seller in Q1 2024 was Morgan Stanley, an estimated $39M sold.
Based on aggregated 13F filings for Q1 2024.