United Community Banks
185 hedge funds and large institutions have $1.76B invested in United Community Banks in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 74 increasing their positions, 59 reducing their positions, and 21 closing their positions.
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
25% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 59
1% more funds holding
Funds holding: 184 → 185 (+1)
6% less capital invested
Capital invested by funds: $1.86B → $1.76B (-$105M)
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| 1 |
BlackRock
New York
|
+$261M |
| 2 |
State Street
Boston,
Massachusetts
|
+$32.8M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$18.4M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$15.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.8M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Acadian Asset Management
Boston,
Massachusetts
| – | -$18K | -613 | Closed |
|
|
CG
202
Cutler Group
San Francisco,
California
| – | -$16K | -545 | Closed |
|
|
HCM
203
Herndon Capital Management
Atlanta,
Georgia
| – | -$8K | -276 | Closed |
|
204
Bessemer Group
Woodbridge,
New Jersey
| – | -$6K | -191 | Closed |
|
|
PFBT
205
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$768 | -27 | -79% |
|
UCB Hedge Fund Activity: Q1 2017 in Review
185 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q1 2017, worth a combined $1.76B — down 5.6% from $1.86B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new UCB positions and 21 closed out — a net gain of 6 holders — while 74 added to existing stakes and 59 trimmed.
The largest buyer was BlackRock, adding an estimated $261M. The largest seller was Wellington Management Group, cutting an estimated $40.9M.
- 185 institutional investors held United Community Banks (UCB) as of Q1 2017, up from 184 in Q4 2016.
- Funds reported $1.76B of United Community Banks stock for Q1 2017, down 5.6% quarter-over-quarter.
- 27 funds opened new United Community Banks positions in Q1 2017 and 21 closed out, a net change of +6 holders.
- The largest United Community Banks buyer in Q1 2017 was BlackRock, an estimated $261M added.
- The largest United Community Banks seller in Q1 2017 was Wellington Management Group, an estimated $40.9M sold.
Based on aggregated 13F filings for Q1 2017.