United Community Banks
270 hedge funds and large institutions have $2.56B invested in United Community Banks in 2024 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 73 increasing their positions, 102 reducing their positions, and 23 closing their positions.
736% more call options, than puts
Call options by funds: $1.47M | Put options by funds: $176K
74% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 23
6% more funds holding
Funds holding: 254 → 270 (+16)
12% less capital invested
Capital invested by funds: $2.9B → $2.56B (-$336M)
28% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 102
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$20.5M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$15.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$14M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12.7M |
| 5 |
BlackRock
New York
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$42.3M |
| 2 |
Goldman Sachs
New York
|
-$30.4M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$21M |
| 4 |
Morgan Stanley
New York
|
-$17.1M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$15.7M |
UCB Hedge Fund Activity: Q1 2024 in Review
270 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q1 2024, worth a combined $2.56B — down 12% from $2.9B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new UCB positions and 23 closed out — a net gain of 17 holders — while 73 added to existing stakes and 102 trimmed.
The largest buyer was Invesco, adding an estimated $20.5M. The largest seller was Principal Financial Group, cutting an estimated $42.3M.
- 270 institutional investors held United Community Banks (UCB) as of Q1 2024, up from 254 in Q4 2023.
- Funds reported $2.56B of United Community Banks stock for Q1 2024, down 12% quarter-over-quarter.
- 40 funds opened new United Community Banks positions in Q1 2024 and 23 closed out, a net change of +17 holders.
- The largest United Community Banks buyer in Q1 2024 was Invesco, an estimated $20.5M added.
- The largest United Community Banks seller in Q1 2024 was Principal Financial Group, an estimated $42.3M sold.
Based on aggregated 13F filings for Q1 2024.