Union Bankshares
UNB
41 hedge funds and large institutions have $26.7M invested in Union Bankshares in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 4 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0.13% more ownership
Funds ownership: 16.04% → 16.17% (+0.13%)
2% less funds holding
Funds holding: 42 → 41 (-1)
18% less capital invested
Capital invested by funds: $32.4M → $26.7M (-$5.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$556K |
| 2 |
Bank of New York Mellon
New York
|
+$144K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$125K |
| 4 |
BlackRock
New York
|
+$99.3K |
| 5 |
Renaissance Technologies
New York
|
+$94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFSG
Community Financial Services Group
Newport,
Vermont
|
-$221K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$205K |
| 3 |
MFS
McNamara Financial Services
Marshfield,
Massachusetts
|
-$205K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$65.6K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$44.1K |
UNB Hedge Fund Activity: Q2 2019 in Review
41 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Union Bankshares (UNB) for Q2 2019, worth a combined $26.7M — down 18% from $32.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new UNB positions and 4 closed out — a net gain of 1 holder — while 16 added to existing stakes and 10 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $556K. The largest seller was Community Financial Services Group, exiting entirely with an estimated $221K sold.
- 41 institutional investors held Union Bankshares (UNB) as of Q2 2019, down from 42 in Q1 2019.
- Funds reported $26.7M of Union Bankshares stock for Q2 2019, down 18% quarter-over-quarter.
- 5 funds opened new Union Bankshares positions in Q2 2019 and 4 closed out, a net change of +1 holder.
- The largest Union Bankshares buyer in Q2 2019 was Nuveen, an estimated $556K added.
- The largest Union Bankshares seller in Q2 2019 was Community Financial Services Group, an estimated $221K sold.
Based on aggregated 13F filings for Q2 2019.