United Community Banks
225 hedge funds and large institutions have $2.09B invested in United Community Banks in 2019 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 76 increasing their positions, 73 reducing their positions, and 31 closing their positions.
19% more capital invested
Capital invested by funds: $1.76B → $2.09B (+$330M)
6% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 31
4% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 73
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 228 → 225 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$33.4M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$30M |
| 3 |
Goldman Sachs
New York
|
+$29.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.6M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$8.91M |
| 2 |
Millennium Management
New York
|
-$6.79M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$6.34M |
| 4 |
JAM
Jacobs Asset Management
New York
|
-$6.14M |
| 5 |
State Street
Boston,
Massachusetts
|
-$5.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
251
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$2K | -58 | Closed |
|
|
BBNA
252
Bremer Bank National Association
St Paul,
Minnesota
| – | -$1K | -48 | Closed |
|
|
FGAM
253
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$1K | -25 | Closed |
|
254
Simplex Trading
Chicago,
Illinois
| – | +$27 | +1 | New |
|
|
GWS
255
Glassman Wealth Services
Vienna,
Virginia
| – | +$55 | +2 | New |
|
UCB Hedge Fund Activity: Q2 2019 in Review
225 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q2 2019, worth a combined $2.09B — up 19% from $1.76B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new UCB positions and 31 closed out — a net gain of 2 holders — while 76 added to existing stakes and 73 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $33.4M. The largest seller was Victory Capital Management, cutting an estimated $8.91M.
- 225 institutional investors held United Community Banks (UCB) as of Q2 2019, down from 228 in Q1 2019.
- Funds reported $2.09B of United Community Banks stock for Q2 2019, up 19% quarter-over-quarter.
- 33 funds opened new United Community Banks positions in Q2 2019 and 31 closed out, a net change of +2 holders.
- The largest United Community Banks buyer in Q2 2019 was Nuveen, an estimated $33.4M added.
- The largest United Community Banks seller in Q2 2019 was Victory Capital Management, an estimated $8.91M sold.
Based on aggregated 13F filings for Q2 2019.