United Community Banks
163 hedge funds and large institutions have $1.26B invested in United Community Banks in 2016 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 66 increasing their positions, 51 reducing their positions, and 36 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 51
16% more capital invested
Capital invested by funds: $1.09B → $1.26B (+$171M)
12% less funds holding
Funds holding: 186 → 163 (-23)
58% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$11.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.27M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.65M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$7.02M |
| 5 |
SCM
Snyder Capital Management
San Francisco,
California
|
+$6.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$15.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.92M |
| 3 |
Two Sigma Investments
New York
|
-$6.79M |
| 4 |
SC
Seawolf Capital
New York
|
-$5.18M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$5.16M |
UCB Hedge Fund Activity: Q3 2016 in Review
163 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q3 2016, worth a combined $1.26B — up 16% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of UCB and 15 opened new positions — a net loss of 21 holders — while 51 trimmed existing stakes and 66 added.
The largest buyer was Perkins Investment Management, adding an estimated $11.7M. The largest seller was Millennium Management, cutting an estimated $15.1M.
- 163 institutional investors held United Community Banks (UCB) as of Q3 2016, down from 186 in Q2 2016.
- Funds reported $1.26B of United Community Banks stock for Q3 2016, up 16% quarter-over-quarter.
- 15 funds opened new United Community Banks positions in Q3 2016 and 36 closed out, a net change of -21 holders.
- The largest United Community Banks buyer in Q3 2016 was Perkins Investment Management, an estimated $11.7M added.
- The largest United Community Banks seller in Q3 2016 was Millennium Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q3 2016.