Unity Bancorp
UNTY
63 hedge funds and large institutions have $113M invested in Unity Bancorp in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 7 closing their positions.
55% more capital inflows, than outflows
Capital inflows: $16.8M | Capital outflows: $10.9M
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
2.08% more ownership
Funds ownership: 44.68% → 46.76% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 65 → 63 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.27M |
| 2 |
Banc Funds Company
Chicago,
Illinois
|
+$1.04M |
| 3 |
Royce & Associates
New York
|
+$421K |
| 4 |
Panagora Asset Management
Boston,
Massachusetts
|
+$342K |
| 5 |
CM Wealth Advisors
Beachwood,
Ohio
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fourthstone LLC
St Louis,
Missouri
|
-$3.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.71M |
| 3 |
Curi RMB Capital
Chicago,
Illinois
|
-$1.1M |
| 4 |
Bridgeway Capital Management
Houston,
Texas
|
-$987K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$737K |
UNTY Hedge Fund Activity: Q1 2023 in Review
63 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in Unity Bancorp (UNTY) for Q1 2023, worth a combined $113M — down 12% from $129M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of UNTY and 5 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 25 added.
The largest buyer was Vanguard Group, adding an estimated $2.27M. The largest seller was Fourthstone LLC, cutting an estimated $3.6M.
- 63 institutional investors held Unity Bancorp (UNTY) as of Q1 2023, down from 65 in Q4 2022.
- Funds reported $113M of Unity Bancorp stock for Q1 2023, down 12% quarter-over-quarter.
- 5 funds opened new Unity Bancorp positions in Q1 2023 and 7 closed out, a net change of -2 holders.
- The largest Unity Bancorp buyer in Q1 2023 was Vanguard Group, an estimated $2.27M added.
- The largest Unity Bancorp seller in Q1 2023 was Fourthstone LLC, an estimated $3.6M sold.
Based on aggregated 13F filings for Q1 2023.