Union Bankshares
UNB
27 hedge funds and large institutions have $11.7M invested in Union Bankshares in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
4% more funds holding
Funds holding: 26 → 27 (+1)
0.9% less ownership
Funds ownership: 12.37% → 11.47% (-0.9%)
20% less capital invested
Capital invested by funds: $14.6M → $11.7M (-$2.88M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$34.8K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$26.7K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$17K |
| 4 |
Bank of New York Mellon
New York
|
+$9.72K |
| 5 |
Citigroup
New York
|
+$8.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$847K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$209K |
| 3 |
Renaissance Technologies
New York
|
-$60.6K |
| 4 |
CCMINC
Cardinal Capital Management Inc (North Carolina)
Raleigh,
North Carolina
|
-$26.3K |
| 5 |
BlackRock
New York
|
-$3.39K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
BNP Paribas Financial Markets
Paris,
France
| $701 | – | – | – |
|
|
27
Stifel Financial
St. Louis,
Missouri
| – | -$209K | -8,006 | Closed |
|
UNB Hedge Fund Activity: Q3 2022 in Review
27 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Union Bankshares (UNB) for Q3 2022, worth a combined $11.7M — down 20% from $14.6M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new UNB positions and 1 closed out — a net gain of 1 holder — while 8 added to existing stakes and 5 trimmed.
The largest buyer was Millennium Management, adding an estimated $34.8K. The largest seller was Fidelity Investments, cutting an estimated $847K.
- 27 institutional investors held Union Bankshares (UNB) as of Q3 2022, up from 26 in Q2 2022.
- Funds reported $11.7M of Union Bankshares stock for Q3 2022, down 20% quarter-over-quarter.
- 2 funds opened new Union Bankshares positions in Q3 2022 and 1 closed out, a net change of +1 holder.
- The largest Union Bankshares buyer in Q3 2022 was Millennium Management, an estimated $34.8K added.
- The largest Union Bankshares seller in Q3 2022 was Fidelity Investments, an estimated $847K sold.
Based on aggregated 13F filings for Q3 2022.