United Community Banks
160 hedge funds and large institutions have $983M invested in United Community Banks in 2014 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 49 increasing their positions, 63 reducing their positions, and 17 closing their positions.
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
14% more capital invested
Capital invested by funds: $864M → $983M (+$119M)
8% more funds holding
Funds holding: 148 → 160 (+12)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
22% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
+$23.3M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$21M |
| 3 |
Bank of New York Mellon
New York
|
+$13.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$13M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGA
Siguler Guff Advisers
New York
|
-$55.2M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$5.77M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$4.47M |
| 4 |
Morgan Stanley
New York
|
-$4.34M |
| 5 |
State Street
Boston,
Massachusetts
|
-$3.49M |
UCB Hedge Fund Activity: Q1 2014 in Review
160 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q1 2014, worth a combined $983M — up 14% from $864M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new UCB positions and 17 closed out — a net gain of 12 holders — while 49 added to existing stakes and 63 trimmed.
The largest buyer was Munder Capital Management, opening a new position worth an estimated $23.3M. The largest seller was Siguler Guff Advisers, exiting entirely with an estimated $55.2M sold.
- 160 institutional investors held United Community Banks (UCB) as of Q1 2014, up from 148 in Q4 2013.
- Funds reported $983M of United Community Banks stock for Q1 2014, up 14% quarter-over-quarter.
- 29 funds opened new United Community Banks positions in Q1 2014 and 17 closed out, a net change of +12 holders.
- The largest United Community Banks buyer in Q1 2014 was Munder Capital Management, an estimated $23.3M added.
- The largest United Community Banks seller in Q1 2014 was Siguler Guff Advisers, an estimated $55.2M sold.
Based on aggregated 13F filings for Q1 2014.