United Community Banks
276 hedge funds and large institutions have $2.85B invested in United Community Banks in 2024 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 88 increasing their positions, 85 reducing their positions, and 29 closing their positions.
82.3% more ownership
Funds ownership: 0% → 82.3% (+82%)
59% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 29
15% more capital invested
Capital invested by funds: $2.49B → $2.85B (+$368M)
6% more funds holding
Funds holding: 260 → 276 (+16)
4% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$19.7M |
| 2 |
Millennium Management
New York
|
+$16.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.6M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.57M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$7.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$34.1M |
| 2 |
ProShare Advisors
Bethesda,
Maryland
|
-$7.43M |
| 3 |
Rockefeller Capital Management
New York
|
-$6.74M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.74M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$5.59M |
UCB Hedge Fund Activity: Q3 2024 in Review
276 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in United Community Banks (UCB) for Q3 2024, worth a combined $2.85B — up 15% from $2.49B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new UCB positions and 29 closed out — a net gain of 17 holders — while 88 added to existing stakes and 85 trimmed.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $19.7M. The largest seller was Janus Henderson Group, cutting an estimated $34.1M.
- 276 institutional investors held United Community Banks (UCB) as of Q3 2024, up from 260 in Q2 2024.
- Funds reported $2.85B of United Community Banks stock for Q3 2024, up 15% quarter-over-quarter.
- 46 funds opened new United Community Banks positions in Q3 2024 and 29 closed out, a net change of +17 holders.
- The largest United Community Banks buyer in Q3 2024 was Assenagon Asset Management, an estimated $19.7M added.
- The largest United Community Banks seller in Q3 2024 was Janus Henderson Group, an estimated $34.1M sold.
Based on aggregated 13F filings for Q3 2024.