Unity Bancorp
UNTY
32 hedge funds and large institutions have $76.6M invested in Unity Bancorp in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
8% more capital invested
Capital invested by funds: $70.7M → $76.6M (+$5.87M)
3% more funds holding
Funds holding: 31 → 32 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.19% less ownership
Funds ownership: 48.23% → 43.04% (-5.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$5.2M |
| 2 |
Millennium Management
New York
|
+$759K |
| 3 |
Goldman Sachs
New York
|
+$542K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$216K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$6.33M |
| 2 |
Renaissance Technologies
New York
|
-$402K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$213K |
| 4 |
ACM
Ativo Capital Management
Chicago,
Illinois
|
-$127K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.71K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $90K | +$2.32K | +139 | +3% |
|
27
Barclays
London,
United Kingdom
| $70K | +$68.9K | +4,134 | New |
|
28
UBS Group
Zurich,
Switzerland
| $33K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $24K | +$23.9K | +1,433 | New |
|
|
AG
30
Advisor Group
Phoenix,
Arizona
| $21K | +$1.67K | +100 | +9% |
|
31
Walleye Trading
New York
| $4 | – | – | – |
|
|
32
Renaissance Technologies
New York
| – | -$402K | -25,601 | Closed |
|
33
Acadian Asset Management
Boston,
Massachusetts
| – | -$3K | -190 | Closed |
|
UNTY Hedge Fund Activity: Q1 2017 in Review
32 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Unity Bancorp (UNTY) for Q1 2017, worth a combined $76.6M — up 8.3% from $70.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new UNTY positions and 2 closed out — a net gain of 4 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $5.2M. The largest seller was Basswood Capital Management, cutting an estimated $6.33M.
- 32 institutional investors held Unity Bancorp (UNTY) as of Q1 2017, up from 31 in Q4 2016.
- Funds reported $76.6M of Unity Bancorp stock for Q1 2017, up 8.3% quarter-over-quarter.
- 6 funds opened new Unity Bancorp positions in Q1 2017 and 2 closed out, a net change of +4 holders.
- The largest Unity Bancorp buyer in Q1 2017 was Banc Funds Company, an estimated $5.2M added.
- The largest Unity Bancorp seller in Q1 2017 was Basswood Capital Management, an estimated $6.33M sold.
Based on aggregated 13F filings for Q1 2017.