Unity Bancorp
UNTY
42 hedge funds and large institutions have $86M invested in Unity Bancorp in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
31% more funds holding
Funds holding: 32 → 42 (+10)
12% more capital invested
Capital invested by funds: $76.6M → $86M (+$9.45M)
4.42% more ownership
Funds ownership: 43.04% → 47.46% (+4.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.64M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.16M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.1M |
| 4 |
Bank of New York Mellon
New York
|
+$479K |
| 5 |
Renaissance Technologies
New York
|
+$415K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$1.07M |
| 2 |
Millennium Management
New York
|
-$772K |
| 3 |
Goldman Sachs
New York
|
-$551K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$432K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$219K |
UNTY Hedge Fund Activity: Q2 2017 in Review
42 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Unity Bancorp (UNTY) for Q2 2017, worth a combined $86M — up 12% from $76.6M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new UNTY positions and 7 closed out — a net gain of 10 holders — while 12 added to existing stakes and 6 trimmed.
The largest buyer was BlackRock, adding an estimated $5.64M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $1.07M sold.
- 42 institutional investors held Unity Bancorp (UNTY) as of Q2 2017, up from 32 in Q1 2017.
- Funds reported $86M of Unity Bancorp stock for Q2 2017, up 12% quarter-over-quarter.
- 17 funds opened new Unity Bancorp positions in Q2 2017 and 7 closed out, a net change of +10 holders.
- The largest Unity Bancorp buyer in Q2 2017 was BlackRock, an estimated $5.64M added.
- The largest Unity Bancorp seller in Q2 2017 was Basswood Capital Management, an estimated $1.07M sold.
Based on aggregated 13F filings for Q2 2017.