Unity Bancorp
UNTY
31 hedge funds and large institutions have $70.7M invested in Unity Bancorp in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
49% more capital invested
Capital invested by funds: $47.3M → $70.7M (+$23.4M)
9.38% more ownership
Funds ownership: 38.85% → 48.23% (+9.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 32 → 31 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$6.02M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$6.02M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.04M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$1.36M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$947K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.14M |
| 2 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$1.16M |
| 3 |
EM
ELCO Management
New York
|
-$1.15M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$649K |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$513K |
UNTY Hedge Fund Activity: Q4 2016 in Review
31 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Unity Bancorp (UNTY) for Q4 2016, worth a combined $70.7M — up 49% from $47.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of UNTY and 7 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 12 added.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $6.02M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $2.14M sold.
- 31 institutional investors held Unity Bancorp (UNTY) as of Q4 2016, down from 32 in Q3 2016.
- Funds reported $70.7M of Unity Bancorp stock for Q4 2016, up 49% quarter-over-quarter.
- 7 funds opened new Unity Bancorp positions in Q4 2016 and 8 closed out, a net change of -1 holder.
- The largest Unity Bancorp buyer in Q4 2016 was Basswood Capital Management, an estimated $6.02M added.
- The largest Unity Bancorp seller in Q4 2016 was Curi RMB Capital, an estimated $2.14M sold.
Based on aggregated 13F filings for Q4 2016.