United Community Banks
249 hedge funds and large institutions have $2.72B invested in United Community Banks in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 111 increasing their positions, 66 reducing their positions, and 45 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 66
9% less capital invested
Capital invested by funds: $3B → $2.72B (-$285M)
10% less funds holding
Funds holding: 276 → 249 (-27)
49% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$41.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$35.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$35.8M |
| 4 |
Neuberger Berman Group
New York
|
+$35.3M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$17M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$9.96M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$8.12M |
| 4 |
Millennium Management
New York
|
-$7.95M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$7.01M |
UCB Hedge Fund Activity: Q1 2023 in Review
249 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q1 2023, worth a combined $2.72B — down 9.5% from $3B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of UCB and 23 opened new positions — a net loss of 22 holders — while 66 trimmed existing stakes and 111 added.
The largest buyer was BlackRock, adding an estimated $41.8M. The largest seller was Goldman Sachs, cutting an estimated $17M.
- 249 institutional investors held United Community Banks (UCB) as of Q1 2023, down from 276 in Q4 2022.
- Funds reported $2.72B of United Community Banks stock for Q1 2023, down 9.5% quarter-over-quarter.
- 23 funds opened new United Community Banks positions in Q1 2023 and 45 closed out, a net change of -22 holders.
- The largest United Community Banks buyer in Q1 2023 was BlackRock, an estimated $41.8M added.
- The largest United Community Banks seller in Q1 2023 was Goldman Sachs, an estimated $17M sold.
Based on aggregated 13F filings for Q1 2023.