United Community Banks
142 hedge funds and large institutions have $729M invested in United Community Banks in 2013 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 43 increasing their positions, 41 reducing their positions, and 7 closing their positions.
471% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 7
30% more funds holding
Funds holding: 109 → 142 (+33)
29% more capital invested
Capital invested by funds: $567M → $729M (+$162M)
5% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 41
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.9M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$9.84M |
| 3 |
State Street
Boston,
Massachusetts
|
+$8.62M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$6.55M |
| 5 |
Bank of New York Mellon
New York
|
+$5.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Second Curve Capital
Radnor,
Pennsylvania
|
-$18.2M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$16.6M |
| 3 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$12M |
| 4 |
SGA
Siguler Guff Advisers
New York
|
-$4.87M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$3.87M |
UCB Hedge Fund Activity: Q3 2013 in Review
142 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q3 2013, worth a combined $729M — up 29% from $567M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new UCB positions and 7 closed out — a net gain of 33 holders — while 43 added to existing stakes and 41 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $13.9M. The largest seller was Second Curve Capital, cutting an estimated $18.2M.
- 142 institutional investors held United Community Banks (UCB) as of Q3 2013, up from 109 in Q2 2013.
- Funds reported $729M of United Community Banks stock for Q3 2013, up 29% quarter-over-quarter.
- 40 funds opened new United Community Banks positions in Q3 2013 and 7 closed out, a net change of +33 holders.
- The largest United Community Banks buyer in Q3 2013 was Fidelity Investments, an estimated $13.9M added.
- The largest United Community Banks seller in Q3 2013 was Second Curve Capital, an estimated $18.2M sold.
Based on aggregated 13F filings for Q3 2013.