United Community Banks
185 hedge funds and large institutions have $1.09B invested in United Community Banks in 2016 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 101 increasing their positions, 30 reducing their positions, and 7 closing their positions.
400% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 7
237% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 30
16% more funds holding
Funds holding: 159 → 185 (+26)
3% more capital invested
Capital invested by funds: $1.06B → $1.09B (+$29.3M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$45.2M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$17.2M |
| 3 |
Millennium Management
New York
|
+$14.3M |
| 4 |
TA
Teachers Advisors
New York
|
+$11.5M |
| 5 |
Renaissance Technologies
New York
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Corsair Capital
New York
|
-$135M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$32.3M |
| 3 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$17.4M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$8.18M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.13M |
UCB Hedge Fund Activity: Q2 2016 in Review
185 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q2 2016, worth a combined $1.09B — up 2.8% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new UCB positions and 7 closed out — a net gain of 28 holders — while 101 added to existing stakes and 30 trimmed.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $45.2M. The largest seller was Corsair Capital, exiting entirely with an estimated $135M sold.
- 185 institutional investors held United Community Banks (UCB) as of Q2 2016, up from 159 in Q1 2016.
- Funds reported $1.09B of United Community Banks stock for Q2 2016, up 2.8% quarter-over-quarter.
- 35 funds opened new United Community Banks positions in Q2 2016 and 7 closed out, a net change of +28 holders.
- The largest United Community Banks buyer in Q2 2016 was Allianz Asset Management, an estimated $45.2M added.
- The largest United Community Banks seller in Q2 2016 was Corsair Capital, an estimated $135M sold.
Based on aggregated 13F filings for Q2 2016.