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Unity Bancorp

54 hedge funds and large institutions have $111M invested in Unity Bancorp in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 2

25% more capital invested

Capital invested by funds: $89.1M → $111M (+$22M)

13% more funds holding

Funds holding: 4854 (+6)

12% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 17

0.49% more ownership

Funds ownership: 48.05%48.54% (+0.49%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
54
Holders Change
+6
Holders Change %
+12.5%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
19
Reduced
17
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BFC
1
Banc Funds Company
Illinois
$17.3M +$1.81M +89,688 +13%
EM
2
Endicott Management
New York
$14.5M
Wellington Management Group
3
Wellington Management Group
Massachusetts
$12.3M +$313K +15,500 +3%
BlackRock
4
BlackRock
New York
$10.3M +$849K +42,083 +10%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$8.04M +$141K +7,000 +2%
Vanguard Group
6
Vanguard Group
Pennsylvania
$7.79M +$88.9K +4,405 +1%
KCM
7
Kennedy Capital Management
Missouri
$7.76M -$133K -6,583 -2%
AllianceBernstein
8
AllianceBernstein
Tennessee
$5.07M -$300K -14,869 -6%
BCM
9
Bridgeway Capital Management
Texas
$3.44M +$765K +37,912 +32%
State Street
10
State Street
Massachusetts
$2.96M -$81.6K -4,043 -3%
RA
11
Royce & Associates
New York
$2.69M -$3.06M -151,473 -55%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$2.33M -$325K -16,096 -13%
FL
13
Fourthstone LLC
Missouri
$1.88M +$1.72M +85,243 New
PRCP
14
Pacific Ridge Capital Partners
Oregon
$1.82M +$1.67M +82,809 New
Northern Trust
15
Northern Trust
Illinois
$1.77M -$141K -6,966 -8%
Renaissance Technologies
16
Renaissance Technologies
New York
$1.6M +$865K +42,854 +143%
Wells Fargo
17
Wells Fargo
California
$1.03M +$279K +13,852 +42%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$833K +$16.9K +840 +2%
N
19
Nuveen
North Carolina
$815K -$15.6K -771 -2%
JP Morgan Chase
20
JP Morgan Chase
New York
$756K +$220K +10,915 +47%
Acadian Asset Management
21
Acadian Asset Management
Massachusetts
$746K +$339K +16,778 +98%
LSV Asset Management
22
LSV Asset Management
Illinois
$453K
BCM
23
BHZ Capital Management
California
$431K +$82.3K +4,078 +26%
Bank of America
24
Bank of America
North Carolina
$410K +$108K +5,371 +41%
Charles Schwab
25
Charles Schwab
California
$404K

UNTY Hedge Fund Activity: Q1 2021 in Review

54 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Unity Bancorp (UNTY) for Q1 2021, worth a combined $111M — up 25% from $89.1M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new UNTY positions and 2 closed out — a net gain of 6 holders — while 19 added to existing stakes and 17 trimmed.

The largest buyer was Banc Funds Company, adding an estimated $1.81M. The largest seller was EJF Capital, exiting entirely with an estimated $5.26M sold.

  • 54 institutional investors held Unity Bancorp (UNTY) as of Q1 2021, up from 48 in Q4 2020.
  • Funds reported $111M of Unity Bancorp stock for Q1 2021, up 25% quarter-over-quarter.
  • 8 funds opened new Unity Bancorp positions in Q1 2021 and 2 closed out, a net change of +6 holders.
  • The largest Unity Bancorp buyer in Q1 2021 was Banc Funds Company, an estimated $1.81M added.
  • The largest Unity Bancorp seller in Q1 2021 was EJF Capital, an estimated $5.26M sold.

Based on aggregated 13F filings for Q1 2021.