United Community Banks
148 hedge funds and large institutions have $864M invested in United Community Banks in 2013 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 67 increasing their positions, 47 reducing their positions, and 14 closing their positions.
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
43% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 47
19% more capital invested
Capital invested by funds: $728M → $864M (+$135M)
4% more funds holding
Funds holding: 142 → 148 (+6)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$17.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.7M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$10.5M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$8.78M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$8.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGA
Siguler Guff Advisers
New York
|
-$75.8M |
| 2 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$10.6M |
| 3 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$9.7M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$4.87M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UOC
151
UBS O'Connor
Chicago,
Illinois
| – | -$4.77M | -318,170 | Closed |
|
|
BCM
152
Basswood Capital Management
New York
| – | -$2.92M | -194,751 | Closed |
|
|
QI
153
Quotient Investors
New York
| – | -$1.22M | -80,978 | Closed |
|
|
RT
154
Reliance Trust
Atlanta,
Georgia
| – | -$882K | -58,832 | Closed |
|
155
ProShare Advisors
Bethesda,
Maryland
| – | -$423K | -28,189 | Closed |
|
156
UBS AM
Chicago,
Illinois
| – | -$345K | -22,988 | Closed |
|
157
Jane Street
New York
| – | -$332K | -22,124 | Closed |
|
|
EMG
158
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$303K | -20,200 | Closed |
|
|
JG
159
Jefferies Group
New York
| – | -$190K | -12,672 | Closed |
|
|
TC
160
TFS Capital
West Chester,
Pennsylvania
| – | -$171K | -11,438 | Closed |
|
161
SG Americas Securities
New York
| – | -$116K | -7,717 | Closed |
|
|
PCM
162
Prelude Capital Management
New York
| – | -$115K | -7,698 | Closed |
|
UCB Hedge Fund Activity: Q4 2013 in Review
148 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q4 2013, worth a combined $864M — up 19% from $728M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new UCB positions and 14 closed out — a net gain of 6 holders — while 67 added to existing stakes and 47 trimmed.
The largest buyer was State Street, adding an estimated $17.2M. The largest seller was Siguler Guff Advisers, cutting an estimated $75.8M.
- 148 institutional investors held United Community Banks (UCB) as of Q4 2013, up from 142 in Q3 2013.
- Funds reported $864M of United Community Banks stock for Q4 2013, up 19% quarter-over-quarter.
- 20 funds opened new United Community Banks positions in Q4 2013 and 14 closed out, a net change of +6 holders.
- The largest United Community Banks buyer in Q4 2013 was State Street, an estimated $17.2M added.
- The largest United Community Banks seller in Q4 2013 was Siguler Guff Advisers, an estimated $75.8M sold.
Based on aggregated 13F filings for Q4 2013.