Union Bankshares
UNB
27 hedge funds and large institutions have $19.3M invested in Union Bankshares in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
23% more capital invested
Capital invested by funds: $15.7M → $19.3M (+$3.61M)
0.3% more ownership
Funds ownership: 16.2% → 16.5% (+0.3%)
4% less funds holding
Funds holding: 28 → 27 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMINC
Cardinal Capital Management Inc (North Carolina)
Raleigh,
North Carolina
|
+$241K |
| 2 |
CFSG
Community Financial Services Group
Newport,
Vermont
|
+$209K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$86.2K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$71K |
| 5 |
Renaissance Technologies
New York
|
+$61.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$263K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$74K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$52.8K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$13.1K |
| 5 |
Citigroup
New York
|
-$11.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $130 | – | – | – |
|
|
27
UBS Group
Zurich,
Switzerland
| – | -$52.8K | -2,458 | Closed |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -75 | Closed |
|
29
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$42 | -2 | Closed |
|
UNB Hedge Fund Activity: Q3 2024 in Review
27 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Union Bankshares (UNB) for Q3 2024, worth a combined $19.3M — up 23% from $15.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of UNB and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 10 added.
The largest buyer was Cardinal Capital Management Inc (North Carolina), adding an estimated $241K. The largest seller was Susquehanna International Group, cutting an estimated $263K.
- 27 institutional investors held Union Bankshares (UNB) as of Q3 2024, down from 28 in Q2 2024.
- Funds reported $19.3M of Union Bankshares stock for Q3 2024, up 23% quarter-over-quarter.
- 2 funds opened new Union Bankshares positions in Q3 2024 and 3 closed out, a net change of -1 holder.
- The largest Union Bankshares buyer in Q3 2024 was Cardinal Capital Management Inc (North Carolina), an estimated $241K added.
- The largest Union Bankshares seller in Q3 2024 was Susquehanna International Group, an estimated $263K sold.
Based on aggregated 13F filings for Q3 2024.