Union Bankshares
UNB
28 hedge funds and large institutions have $8.85M invested in Union Bankshares in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 15 reducing their positions, and 12 closing their positions.
5.86% less ownership
Funds ownership: 16.43% → 10.58% (-5.9%)
20% less funds holding
Funds holding: 35 → 28 (-7)
46% less capital invested
Capital invested by funds: $16.5M → $8.85M (-$7.68M)
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
73% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$776K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$542K |
| 3 |
Renaissance Technologies
New York
|
+$346K |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$245K |
| 5 |
Morgan Stanley
New York
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.71M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.42M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$420K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$264K |
| 5 |
Bank of New York Mellon
New York
|
-$253K |
UNB Hedge Fund Activity: Q2 2020 in Review
28 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Union Bankshares (UNB) for Q2 2020, worth a combined $8.85M — down 46% from $16.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of UNB and 5 opened new positions — a net loss of 7 holders — while 15 trimmed existing stakes and 4 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $776K. The largest seller was BlackRock, cutting an estimated $3.71M.
- 28 institutional investors held Union Bankshares (UNB) as of Q2 2020, down from 35 in Q1 2020.
- Funds reported $8.85M of Union Bankshares stock for Q2 2020, down 46% quarter-over-quarter.
- 5 funds opened new Union Bankshares positions in Q2 2020 and 12 closed out, a net change of -7 holders.
- The largest Union Bankshares buyer in Q2 2020 was Millennium Management, an estimated $776K added.
- The largest Union Bankshares seller in Q2 2020 was BlackRock, an estimated $3.71M sold.
Based on aggregated 13F filings for Q2 2020.