Union Bankshares
UNB
29 hedge funds and large institutions have $18.2M invested in Union Bankshares in 2022 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 2 closing their positions.
1% more capital invested
Capital invested by funds: $18M → $18.2M (+$247K)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0.45% less ownership
Funds ownership: 13.57% → 13.11% (-0.45%)
3% less funds holding
Funds holding: 30 → 29 (-1)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMINC
Cardinal Capital Management Inc (North Carolina)
Raleigh,
North Carolina
|
+$171K |
| 2 |
State Street
Boston,
Massachusetts
|
+$32.1K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$16.7K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$7.46K |
| 5 |
Bank of New York Mellon
New York
|
+$6.96K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMAM
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
|
-$208K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$152K |
| 3 |
Morgan Stanley
New York
|
-$72.2K |
| 4 |
Renaissance Technologies
New York
|
-$38.8K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$29.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $3K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | +$2.61K | +84 | New |
|
28
BNP Paribas Financial Markets
Paris,
France
| $1.24K | – | – | – |
|
|
PMAM
29
Penn Mutual Asset Management
Conshohocken,
Pennsylvania
| – | -$208K | -7,160 | Closed |
|
30
JP Morgan Chase
New York
| – | -$12.7K | -408 | -99% |
|
UNB Hedge Fund Activity: Q1 2022 in Review
29 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Union Bankshares (UNB) for Q1 2022, worth a combined $18.2M — up 1.4% from $18M a quarter earlier.
Fund positioning in UNB was balanced in Q1 2022: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 11 trimmed.
The largest buyer was Cardinal Capital Management Inc (North Carolina), adding an estimated $171K. The largest seller was Penn Mutual Asset Management, exiting entirely with an estimated $208K sold.
- 29 institutional investors held Union Bankshares (UNB) as of Q1 2022, down from 30 in Q4 2021.
- Funds reported $18.2M of Union Bankshares stock for Q1 2022, up 1.4% quarter-over-quarter.
- 2 funds opened new Union Bankshares positions in Q1 2022 and 2 closed out, a net change of 0 holders.
- The largest Union Bankshares buyer in Q1 2022 was Cardinal Capital Management Inc (North Carolina), an estimated $171K added.
- The largest Union Bankshares seller in Q1 2022 was Penn Mutual Asset Management, an estimated $208K sold.
Based on aggregated 13F filings for Q1 2022.