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Union Bankshares

40 hedge funds and large institutions have $23.1M invested in Union Bankshares in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 9

0.18% more ownership

Funds ownership: 16.17%16.35% (+0.18%)

2% less funds holding

Funds holding: 4140 (-1)

14% less capital invested

Capital invested by funds: $26.7M → $23.1M (-$3.69M)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

Holders
40
Holders Change
-1
Holders Change %
-2.44%
% of All Funds
0.88%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
14
Reduced
9
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$5.88M +$179K +5,646 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.69M -$106K -3,336 -3%
State Street
3
State Street
Massachusetts
$1.86M +$98.9K +3,124 +6%
CS
4
Cannell & Spears
New York
$1.7M
Geode Capital Management
5
Geode Capital Management
Massachusetts
$1.55M +$19.8K +625 +1%
Northern Trust
6
Northern Trust
Illinois
$1.4M -$33K -1,041 -2%
TCOV
7
Trust Company of Vermont
Vermont
$915K
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$897K
Renaissance Technologies
9
Renaissance Technologies
New York
$663K +$44.3K +1,400 +7%
CCMINC
10
Cardinal Capital Management Inc (North Carolina)
North Carolina
$630K +$9.78K +309 +2%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$604K -$22.5K -711 -4%
N
12
Nuveen
North Carolina
$433K -$34.1K -1,076 -7%
FIA
13
FNY Investment Advisers
New York
$311K +$313K +9,884 New
Mercer Global Advisors
14
Mercer Global Advisors
Colorado
$306K
Stifel Financial
15
Stifel Financial
Missouri
$302K
Charles Schwab
16
Charles Schwab
California
$297K
BCM
17
Bridgeway Capital Management
Texas
$234K
Wells Fargo
18
Wells Fargo
California
$218K +$17.4K +550 +9%
California State Teachers Retirement System (CalSTRS)
19
California State Teachers Retirement System (CalSTRS)
California
$193K
Morgan Stanley
20
Morgan Stanley
New York
$183K +$147K +4,648 +405%
UBS Group
21
UBS Group
Switzerland
$176K +$42.6K +1,346 +32%
New York State Common Retirement Fund
22
New York State Common Retirement Fund
New York
$129K
Bank of America
23
Bank of America
North Carolina
$114K +$16.4K +518 +17%
AIG
24
American International Group
New York
$78K -$538 -17 -0.7%
Barclays
25
Barclays
United Kingdom
$61K -$19.2K -607 -24%

UNB Hedge Fund Activity: Q3 2019 in Review

40 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Union Bankshares (UNB) for Q3 2019, worth a combined $23.1M — down 14% from $26.7M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of UNB and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 14 added.

The largest buyer was FNY Investment Advisers, opening a new position worth an estimated $313K. The largest seller was TCV Trust & Wealth Management, exiting entirely with an estimated $221K sold.

  • 40 institutional investors held Union Bankshares (UNB) as of Q3 2019, down from 41 in Q2 2019.
  • Funds reported $23.1M of Union Bankshares stock for Q3 2019, down 14% quarter-over-quarter.
  • 3 funds opened new Union Bankshares positions in Q3 2019 and 4 closed out, a net change of -1 holder.
  • The largest Union Bankshares buyer in Q3 2019 was FNY Investment Advisers, an estimated $313K added.
  • The largest Union Bankshares seller in Q3 2019 was TCV Trust & Wealth Management, an estimated $221K sold.

Based on aggregated 13F filings for Q3 2019.