Unity Bancorp
UNTY
78 hedge funds and large institutions have $162M invested in Unity Bancorp in 2024 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 24 reducing their positions, and 2 closing their positions.
500% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 2
17% more capital invested
Capital invested by funds: $138M → $162M (+$23.4M)
15% more funds holding
Funds holding: 68 → 78 (+10)
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
0.97% more ownership
Funds ownership: 46.58% → 47.55% (+0.97%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$5.26M |
| 2 |
JP Morgan Chase
New York
|
+$1.27M |
| 3 |
BlackRock
New York
|
+$1.17M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$809K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$594K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.84M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$3.28M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$874K |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$456K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$393K |
UNTY Hedge Fund Activity: Q3 2024 in Review
78 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Unity Bancorp (UNTY) for Q3 2024, worth a combined $162M — up 17% from $138M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new UNTY positions and 2 closed out — a net gain of 10 holders — while 26 added to existing stakes and 24 trimmed.
The largest buyer was Maltese Capital Management, opening a new position worth an estimated $5.26M. The largest seller was Fidelity Investments, cutting an estimated $3.84M.
- 78 institutional investors held Unity Bancorp (UNTY) as of Q3 2024, up from 68 in Q2 2024.
- Funds reported $162M of Unity Bancorp stock for Q3 2024, up 17% quarter-over-quarter.
- 12 funds opened new Unity Bancorp positions in Q3 2024 and 2 closed out, a net change of +10 holders.
- The largest Unity Bancorp buyer in Q3 2024 was Maltese Capital Management, an estimated $5.26M added.
- The largest Unity Bancorp seller in Q3 2024 was Fidelity Investments, an estimated $3.84M sold.
Based on aggregated 13F filings for Q3 2024.