Unity Bancorp
UNTY
50 hedge funds and large institutions have $56.1M invested in Unity Bancorp in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 4 closing their positions.
6% less funds holding
Funds holding: 53 → 50 (-3)
6.93% less ownership
Funds ownership: 50.95% → 44.01% (-6.9%)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
55% less capital invested
Capital invested by funds: $125M → $56.1M (-$68.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$719K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$594K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$578K |
| 4 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$457K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Endicott Management
New York
|
-$12.3M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$1.78M |
| 3 |
RA
Royce & Associates
New York
|
-$926K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$449K |
| 5 |
Morgan Stanley
New York
|
-$203K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EM
51
Endicott Management
New York
| – | -$12.3M | -660,635 | Closed |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$22K | -980 | Closed |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| – | -$5K | -213 | Closed |
|
UNTY Hedge Fund Activity: Q1 2020 in Review
50 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Unity Bancorp (UNTY) for Q1 2020, worth a combined $56.1M — down 55% from $125M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of UNTY and 3 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 18 added.
The largest buyer was Wellington Management Group, adding an estimated $719K. The largest seller was Endicott Management, exiting entirely with an estimated $12.3M sold.
- 50 institutional investors held Unity Bancorp (UNTY) as of Q1 2020, down from 53 in Q4 2019.
- Funds reported $56.1M of Unity Bancorp stock for Q1 2020, down 55% quarter-over-quarter.
- 3 funds opened new Unity Bancorp positions in Q1 2020 and 4 closed out, a net change of -1 holder.
- The largest Unity Bancorp buyer in Q1 2020 was Wellington Management Group, an estimated $719K added.
- The largest Unity Bancorp seller in Q1 2020 was Endicott Management, an estimated $12.3M sold.
Based on aggregated 13F filings for Q1 2020.