Unity Bancorp
UNTY
54 hedge funds and large institutions have $75.7M invested in Unity Bancorp in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
35% more capital invested
Capital invested by funds: $56.1M → $75.7M (+$19.6M)
8% more funds holding
Funds holding: 50 → 54 (+4)
4.62% more ownership
Funds ownership: 44.01% → 48.63% (+4.6%)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Endicott Management
New York
|
+$9.03M |
| 2 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$616K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$584K |
| 4 |
RA
Royce & Associates
New York
|
+$510K |
| 5 |
State Street
Boston,
Massachusetts
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.06M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$860K |
| 3 |
BlackRock
New York
|
-$323K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$286K |
| 5 |
Renaissance Technologies
New York
|
-$260K |
UNTY Hedge Fund Activity: Q2 2020 in Review
54 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Unity Bancorp (UNTY) for Q2 2020, worth a combined $75.7M — up 35% from $56.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new UNTY positions and 2 closed out — a net gain of 4 holders — while 17 added to existing stakes and 17 trimmed.
The largest buyer was Endicott Management, opening a new position worth an estimated $9.03M. The largest seller was Kennedy Capital Management, cutting an estimated $2.06M.
- 54 institutional investors held Unity Bancorp (UNTY) as of Q2 2020, up from 50 in Q1 2020.
- Funds reported $75.7M of Unity Bancorp stock for Q2 2020, up 35% quarter-over-quarter.
- 6 funds opened new Unity Bancorp positions in Q2 2020 and 2 closed out, a net change of +4 holders.
- The largest Unity Bancorp buyer in Q2 2020 was Endicott Management, an estimated $9.03M added.
- The largest Unity Bancorp seller in Q2 2020 was Kennedy Capital Management, an estimated $2.06M sold.
Based on aggregated 13F filings for Q2 2020.