Union Bankshares
UNB
28 hedge funds and large institutions have $15.7M invested in Union Bankshares in 2024 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 2 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
0.77% less ownership
Funds ownership: 16.97% → 16.2% (-0.77%)
3% less funds holding
Funds holding: 29 → 28 (-1)
33% less capital invested
Capital invested by funds: $23.4M → $15.7M (-$7.67M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMINC
Cardinal Capital Management Inc (North Carolina)
Raleigh,
North Carolina
|
+$241K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$144K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$73.5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$31.6K |
| 5 |
Renaissance Technologies
New York
|
+$25.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$490K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$344K |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$264K |
| 4 |
CFSG
Community Financial Services Group
Newport,
Vermont
|
-$259K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$122K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $107 | – | – | – |
|
|
27
Qube Research & Technologies (QRT)
London,
United Kingdom
| $42 | -$264K | -10,463 | -100% |
|
|
28
Jane Street
New York
| – | -$490K | -16,058 | Closed |
|
|
CFSG
29
Community Financial Services Group
Newport,
Vermont
| – | -$259K | -8,480 | Closed |
|
UNB Hedge Fund Activity: Q2 2024 in Review
28 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Union Bankshares (UNB) for Q2 2024, worth a combined $15.7M — down 33% from $23.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of UNB and 1 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 11 added.
The largest buyer was Cardinal Capital Management Inc (North Carolina), adding an estimated $241K. The largest seller was Jane Street, exiting entirely with an estimated $490K sold.
- 28 institutional investors held Union Bankshares (UNB) as of Q2 2024, down from 29 in Q1 2024.
- Funds reported $15.7M of Union Bankshares stock for Q2 2024, down 33% quarter-over-quarter.
- 1 fund opened new Union Bankshares positions in Q2 2024 and 2 closed out, a net change of -1 holder.
- The largest Union Bankshares buyer in Q2 2024 was Cardinal Capital Management Inc (North Carolina), an estimated $241K added.
- The largest Union Bankshares seller in Q2 2024 was Jane Street, an estimated $490K sold.
Based on aggregated 13F filings for Q2 2024.