Union Bankshares
UNB
29 hedge funds and large institutions have $23.4M invested in Union Bankshares in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 4 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
13% more capital invested
Capital invested by funds: $20.7M → $23.4M (+$2.66M)
1.97% more ownership
Funds ownership: 15% → 16.97% (+2%)
6% less funds holding
Funds holding: 31 → 29 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
+$872K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$735K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$565K |
| 4 |
Jane Street
New York
|
+$489K |
| 5 |
CCMINC
Cardinal Capital Management Inc (North Carolina)
Raleigh,
North Carolina
|
+$387K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$241K |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$226K |
| 3 |
Morgan Stanley
New York
|
-$203K |
| 4 |
CS
Cannell & Spears
New York
|
-$101K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$76.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | -$975 | -32 | -56% |
|
27
BNP Paribas Financial Markets
Paris,
France
| $946 | – | – | – |
|
28
JP Morgan Chase
New York
| $153 | -$44K | -1,444 | -100% |
|
|
29
Stifel Financial
St. Louis,
Missouri
| – | -$241K | -7,856 | Closed |
|
|
CAN
30
Cetera Advisor Networks
El Segundo,
California
| – | -$226K | -7,367 | Closed |
|
31
Barclays
London,
United Kingdom
| – | -$7.2K | -235 | Closed |
|
|
SA
32
Scarborough Advisors
Annapolis,
Maryland
| – | -$6.8K | -222 | Closed |
|
UNB Hedge Fund Activity: Q1 2024 in Review
29 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Union Bankshares (UNB) for Q1 2024, worth a combined $23.4M — up 13% from $20.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of UNB and 2 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 11 added.
The largest buyer was Trust Company of Vermont, adding an estimated $872K. The largest seller was Stifel Financial, exiting entirely with an estimated $241K sold.
- 29 institutional investors held Union Bankshares (UNB) as of Q1 2024, down from 31 in Q4 2023.
- Funds reported $23.4M of Union Bankshares stock for Q1 2024, up 13% quarter-over-quarter.
- 2 funds opened new Union Bankshares positions in Q1 2024 and 4 closed out, a net change of -2 holders.
- The largest Union Bankshares buyer in Q1 2024 was Trust Company of Vermont, an estimated $872K added.
- The largest Union Bankshares seller in Q1 2024 was Stifel Financial, an estimated $241K sold.
Based on aggregated 13F filings for Q1 2024.