United Community Banks
155 hedge funds and large institutions have $827M invested in United Community Banks in 2014 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 59 increasing their positions, 48 reducing their positions, and 25 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 48
3% less funds holding
Funds holding: 160 → 155 (-5)
16% less capital invested
Capital invested by funds: $983M → $827M (-$157M)
20% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 25
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$8.17M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.82M |
| 3 |
State Street
Boston,
Massachusetts
|
+$4.34M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.1M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$4.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$10.9M |
| 2 |
Renaissance Technologies
New York
|
-$5.15M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.57M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.07M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2.89M |
UCB Hedge Fund Activity: Q2 2014 in Review
155 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q2 2014, worth a combined $827M — down 16% from $983M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of UCB and 20 opened new positions — a net loss of 5 holders — while 48 trimmed existing stakes and 59 added.
The largest buyer was Eagle Asset Management, opening a new position worth an estimated $8.17M. The largest seller was AJO LP, exiting entirely with an estimated $10.9M sold.
- 155 institutional investors held United Community Banks (UCB) as of Q2 2014, down from 160 in Q1 2014.
- Funds reported $827M of United Community Banks stock for Q2 2014, down 16% quarter-over-quarter.
- 20 funds opened new United Community Banks positions in Q2 2014 and 25 closed out, a net change of -5 holders.
- The largest United Community Banks buyer in Q2 2014 was Eagle Asset Management, an estimated $8.17M added.
- The largest United Community Banks seller in Q2 2014 was AJO LP, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2014.