Unity Bancorp
UNTY
32 hedge funds and large institutions have $47.3M invested in Unity Bancorp in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
16% more capital invested
Capital invested by funds: $40.8M → $47.3M (+$6.47M)
7% more funds holding
Funds holding: 30 → 32 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$2.02M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$421K |
| 3 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$213K |
| 4 |
Renaissance Technologies
New York
|
+$202K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.89M |
| 2 |
EM
Endicott Management
New York
|
-$702K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$325K |
| 4 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
-$37K |
| 5 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$14.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Acadian Asset Management
Boston,
Massachusetts
| $11K | -$12 | -1 | -0.1% |
|
27
Morgan Stanley
New York
| $8K | +$5.85K | +500 | +455% |
|
28
Walleye Trading
New York
| $3K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $3K | +$2.43K | +208 | +1,891% |
|
30
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $1K | – | – | – |
|
|
CFG
31
Citizens Financial Group
Providence,
Rhode Island
| – | -$37K | -3,240 | Closed |
|
32
JP Morgan Chase
New York
| – | -$6K | -530 | Closed |
|
33
Bank of America
Charlotte,
North Carolina
| – | -$5K | -419 | Closed |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| – | +$12 | +1 | +50% |
|
35
Wells Fargo
San Francisco,
California
| – | +$12 | +1 | New |
|
UNTY Hedge Fund Activity: Q3 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Unity Bancorp (UNTY) for Q3 2016, worth a combined $47.3M — up 16% from $40.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new UNTY positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 9 trimmed.
The largest buyer was Royce & Associates, adding an estimated $2.02M. The largest seller was Banc Funds Company, cutting an estimated $1.89M.
- 32 institutional investors held Unity Bancorp (UNTY) as of Q3 2016, up from 30 in Q2 2016.
- Funds reported $47.3M of Unity Bancorp stock for Q3 2016, up 16% quarter-over-quarter.
- 5 funds opened new Unity Bancorp positions in Q3 2016 and 3 closed out, a net change of +2 holders.
- The largest Unity Bancorp buyer in Q3 2016 was Royce & Associates, an estimated $2.02M added.
- The largest Unity Bancorp seller in Q3 2016 was Banc Funds Company, an estimated $1.89M sold.
Based on aggregated 13F filings for Q3 2016.