Union Bankshares
UNB
28 hedge funds and large institutions have $10.7M invested in Union Bankshares in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 27 → 28 (+1)
0.8% less ownership
Funds ownership: 11.47% → 10.68% (-0.8%)
8% less capital invested
Capital invested by funds: $11.7M → $10.7M (-$931K)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$183K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$177K |
| 3 |
CCMINC
Cardinal Capital Management Inc (North Carolina)
Raleigh,
North Carolina
|
+$114K |
| 4 |
State Street
Boston,
Massachusetts
|
+$27.7K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$19.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$774K |
| 2 |
Bank of New York Mellon
New York
|
-$436K |
| 3 |
Renaissance Technologies
New York
|
-$123K |
| 4 |
CS
Cannell & Spears
New York
|
-$29.4K |
| 5 |
Citigroup
New York
|
-$7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Dimensional Fund Advisors
Austin,
Texas
| $683 | -$3K | -125 | -0.4% |
|
|
CS
27
Comerica Securities
Detroit,
Michigan
| $48 | +$48 | +2 | New |
|
|
28
Bank of New York Mellon
New York
| – | -$436K | -19,246 | Closed |
|
|
29
Citigroup
New York
| – | -$7K | -319 | Closed |
|
30
Osaic Holdings
Scottsdale,
Arizona
| – | -$2K | -100 | Closed |
|
UNB Hedge Fund Activity: Q4 2022 in Review
28 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Union Bankshares (UNB) for Q4 2022, worth a combined $10.7M — down 8% from $11.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new UNB positions and 3 closed out — a net gain of 1 holder — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Money Concepts Capital, opening a new position worth an estimated $183K. The largest seller was Fidelity Investments, cutting an estimated $774K.
- 28 institutional investors held Union Bankshares (UNB) as of Q4 2022, up from 27 in Q3 2022.
- Funds reported $10.7M of Union Bankshares stock for Q4 2022, down 8% quarter-over-quarter.
- 4 funds opened new Union Bankshares positions in Q4 2022 and 3 closed out, a net change of +1 holder.
- The largest Union Bankshares buyer in Q4 2022 was Money Concepts Capital, an estimated $183K added.
- The largest Union Bankshares seller in Q4 2022 was Fidelity Investments, an estimated $774K sold.
Based on aggregated 13F filings for Q4 2022.