Unity Bancorp
UNTY
51 hedge funds and large institutions have $58.8M invested in Unity Bancorp in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 6 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.08% less ownership
Funds ownership: 48.63% → 47.55% (-1.1%)
6% less funds holding
Funds holding: 54 → 51 (-3)
22% less capital invested
Capital invested by funds: $75.7M → $58.8M (-$16.9M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.27M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.09M |
| 3 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
+$271K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$176K |
| 5 |
Millennium Management
New York
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$3.08M |
| 2 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$1.46M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.34M |
| 4 |
GC
Globeflex Capital
San Diego,
California
|
-$171K |
| 5 |
EWM
Edge Wealth Management
New York
|
-$64K |
UNTY Hedge Fund Activity: Q3 2020 in Review
51 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Unity Bancorp (UNTY) for Q3 2020, worth a combined $58.8M — down 22% from $75.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of UNTY and 3 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 19 added.
The largest buyer was Kennedy Capital Management, adding an estimated $1.27M. The largest seller was Royce & Associates, cutting an estimated $3.08M.
- 51 institutional investors held Unity Bancorp (UNTY) as of Q3 2020, down from 54 in Q2 2020.
- Funds reported $58.8M of Unity Bancorp stock for Q3 2020, down 22% quarter-over-quarter.
- 3 funds opened new Unity Bancorp positions in Q3 2020 and 6 closed out, a net change of -3 holders.
- The largest Unity Bancorp buyer in Q3 2020 was Kennedy Capital Management, an estimated $1.27M added.
- The largest Unity Bancorp seller in Q3 2020 was Royce & Associates, an estimated $3.08M sold.
Based on aggregated 13F filings for Q3 2020.