Unity Bancorp
UNTY
30 hedge funds and large institutions have $40.8M invested in Unity Bancorp in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
36% more funds holding
Funds holding: 22 → 30 (+8)
8% more capital invested
Capital invested by funds: $38M → $40.8M (+$2.87M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.82M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$1.67M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$961K |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$751K |
| 5 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
+$432K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$7.36M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$37.7K |
| 3 |
Morgan Stanley
New York
|
-$23K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$6.3K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5.53K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Trading
New York
| $3K | +$2.4K | +220 | New |
|
|
27
Morgan Stanley
New York
| $1K | -$23K | -2,107 | -95% |
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | +$961 | +88 | New |
|
|
BCM
29
Basswood Capital Management
New York
| – | -$7.36M | -712,306 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$5.53K | -506 | -98% |
|
31
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -134 | Closed |
|
32
Wells Fargo
San Francisco,
California
| – | -$11 | -1 | Closed |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| – | +$22 | +2 | New |
|
UNTY Hedge Fund Activity: Q2 2016 in Review
30 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Unity Bancorp (UNTY) for Q2 2016, worth a combined $40.8M — up 7.6% from $38M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new UNTY positions and 3 closed out — a net gain of 8 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $1.82M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $7.36M sold.
- 30 institutional investors held Unity Bancorp (UNTY) as of Q2 2016, up from 22 in Q1 2016.
- Funds reported $40.8M of Unity Bancorp stock for Q2 2016, up 7.6% quarter-over-quarter.
- 11 funds opened new Unity Bancorp positions in Q2 2016 and 3 closed out, a net change of +8 holders.
- The largest Unity Bancorp buyer in Q2 2016 was Curi RMB Capital, an estimated $1.82M added.
- The largest Unity Bancorp seller in Q2 2016 was Basswood Capital Management, an estimated $7.36M sold.
Based on aggregated 13F filings for Q2 2016.