United Community Banks
242 hedge funds and large institutions have $2.42B invested in United Community Banks in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 85 increasing their positions, 87 reducing their positions, and 24 closing their positions.
3,600% more call options, than puts
Call options by funds: $74K | Put options by funds: $2K
2% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 87
3% less funds holding
Funds holding: 249 → 242 (-7)
11% less capital invested
Capital invested by funds: $2.72B → $2.42B (-$296M)
25% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 24
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$50.1M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$10.5M |
| 3 |
State Street
Boston,
Massachusetts
|
+$8.08M |
| 4 |
ProShare Advisors
Bethesda,
Maryland
|
+$7.57M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$6.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$16.9M |
| 2 |
New York State Common Retirement Fund
Albany,
New York
|
-$16.3M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$12.7M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$11.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$8.38M |
UCB Hedge Fund Activity: Q2 2023 in Review
242 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q2 2023, worth a combined $2.42B — down 11% from $2.72B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of UCB and 18 opened new positions — a net loss of 6 holders — while 87 trimmed existing stakes and 85 added.
The largest buyer was Fidelity Investments, adding an estimated $50.1M. The largest seller was Neuberger Berman Group, cutting an estimated $16.9M.
- 242 institutional investors held United Community Banks (UCB) as of Q2 2023, down from 249 in Q1 2023.
- Funds reported $2.42B of United Community Banks stock for Q2 2023, down 11% quarter-over-quarter.
- 18 funds opened new United Community Banks positions in Q2 2023 and 24 closed out, a net change of -6 holders.
- The largest United Community Banks buyer in Q2 2023 was Fidelity Investments, an estimated $50.1M added.
- The largest United Community Banks seller in Q2 2023 was Neuberger Berman Group, an estimated $16.9M sold.
Based on aggregated 13F filings for Q2 2023.