Union Bankshares
UNB
31 hedge funds and large institutions have $20.5M invested in Union Bankshares in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
84% more capital invested
Capital invested by funds: $11.1M → $20.5M (+$9.34M)
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
24% more funds holding
Funds holding: 25 → 31 (+6)
3.5% more ownership
Funds ownership: 11.3% → 14.8% (+3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.82M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$215K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$202K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$191K |
| 5 |
Citigroup
New York
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCOV
Trust Company of Vermont
Brattleboro,
Vermont
|
-$724K |
| 2 |
Morgan Stanley
New York
|
-$48.7K |
| 3 |
CS
Cannell & Spears
New York
|
-$28.8K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$9.96K |
| 5 |
CCMINC
Cardinal Capital Management Inc (North Carolina)
Raleigh,
North Carolina
|
-$9.12K |
UNB Hedge Fund Activity: Q4 2023 in Review
31 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Union Bankshares (UNB) for Q4 2023, worth a combined $20.5M — up 84% from $11.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new UNB positions and 1 closed out — a net gain of 6 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $3.82M. The largest seller was Trust Company of Vermont, cutting an estimated $724K.
- 31 institutional investors held Union Bankshares (UNB) as of Q4 2023, up from 25 in Q3 2023.
- Funds reported $20.5M of Union Bankshares stock for Q4 2023, up 84% quarter-over-quarter.
- 7 funds opened new Union Bankshares positions in Q4 2023 and 1 closed out, a net change of +6 holders.
- The largest Union Bankshares buyer in Q4 2023 was Fidelity Investments, an estimated $3.82M added.
- The largest Union Bankshares seller in Q4 2023 was Trust Company of Vermont, an estimated $724K sold.
Based on aggregated 13F filings for Q4 2023.