Union Bankshares
UNB
24 hedge funds and large institutions have $11.3M invested in Union Bankshares in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 3 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
5% more capital invested
Capital invested by funds: $10.7M → $11.3M (+$584K)
0.08% more ownership
Funds ownership: 10.75% → 10.83% (+0.08%)
8% less funds holding
Funds holding: 26 → 24 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$75.5K |
| 2 |
BlackRock
New York
|
+$38.1K |
| 3 |
CCMINC
Cardinal Capital Management Inc (North Carolina)
Raleigh,
North Carolina
|
+$24.5K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.2K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$12K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$52.6K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$25.6K |
| 3 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$6.83K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.33K |
| 5 |
LWCFA
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
|
-$4.93K |
UNB Hedge Fund Activity: Q2 2023 in Review
24 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Union Bankshares (UNB) for Q2 2023, worth a combined $11.3M — up 5.4% from $10.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of UNB and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was LPL Financial, adding an estimated $75.5K. The largest seller was Renaissance Technologies, cutting an estimated $52.6K.
- 24 institutional investors held Union Bankshares (UNB) as of Q2 2023, down from 26 in Q1 2023.
- Funds reported $11.3M of Union Bankshares stock for Q2 2023, up 5.4% quarter-over-quarter.
- 1 fund opened new Union Bankshares positions in Q2 2023 and 3 closed out, a net change of -2 holders.
- The largest Union Bankshares buyer in Q2 2023 was LPL Financial, an estimated $75.5K added.
- The largest Union Bankshares seller in Q2 2023 was Renaissance Technologies, an estimated $52.6K sold.
Based on aggregated 13F filings for Q2 2023.