United Community Banks
148 hedge funds and large institutions have $844M invested in United Community Banks in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 64 increasing their positions, 46 reducing their positions, and 23 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 46
2% more capital invested
Capital invested by funds: $827M → $844M (+$17.4M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less funds holding
Funds holding: 155 → 148 (-7)
30% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$17.9M |
| 2 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$16.7M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$14.7M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$9.92M |
| 5 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$9.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$18.2M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$11.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.46M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.11M |
| 5 |
IB
Intrust Bank
Wichita,
Kansas
|
-$8.97M |
UCB Hedge Fund Activity: Q3 2014 in Review
148 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q3 2014, worth a combined $844M — up 2.1% from $827M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of UCB and 16 opened new positions — a net loss of 7 holders — while 46 trimmed existing stakes and 64 added.
The largest buyer was Millennium Management, adding an estimated $17.9M. The largest seller was State Street, cutting an estimated $18.2M.
- 148 institutional investors held United Community Banks (UCB) as of Q3 2014, down from 155 in Q2 2014.
- Funds reported $844M of United Community Banks stock for Q3 2014, up 2.1% quarter-over-quarter.
- 16 funds opened new United Community Banks positions in Q3 2014 and 23 closed out, a net change of -7 holders.
- The largest United Community Banks buyer in Q3 2014 was Millennium Management, an estimated $17.9M added.
- The largest United Community Banks seller in Q3 2014 was State Street, an estimated $18.2M sold.
Based on aggregated 13F filings for Q3 2014.