Unity Bancorp
UNTY
68 hedge funds and large institutions have $131M invested in Unity Bancorp in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 23 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
5% more funds holding
Funds holding: 65 → 68 (+3)
0.08% more ownership
Funds ownership: 46.78% → 46.87% (+0.08%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 23
6% less capital invested
Capital invested by funds: $139M → $131M (-$8.09M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.39M |
| 2 |
II
Inspire Investing
Meridian,
Idaho
|
+$894K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$500K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$326K |
| 5 |
RA
Royce & Associates
New York
|
+$312K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.98M |
| 2 |
BlackRock
New York
|
-$543K |
| 3 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$305K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$303K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$200K |
UNTY Hedge Fund Activity: Q1 2024 in Review
68 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Unity Bancorp (UNTY) for Q1 2024, worth a combined $131M — down 5.8% from $139M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new UNTY positions and 6 closed out — a net gain of 3 holders — while 22 added to existing stakes and 23 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $1.39M. The largest seller was Wellington Management Group, cutting an estimated $1.98M.
- 68 institutional investors held Unity Bancorp (UNTY) as of Q1 2024, up from 65 in Q4 2023.
- Funds reported $131M of Unity Bancorp stock for Q1 2024, down 5.8% quarter-over-quarter.
- 9 funds opened new Unity Bancorp positions in Q1 2024 and 6 closed out, a net change of +3 holders.
- The largest Unity Bancorp buyer in Q1 2024 was JP Morgan Chase, an estimated $1.39M added.
- The largest Unity Bancorp seller in Q1 2024 was Wellington Management Group, an estimated $1.98M sold.
Based on aggregated 13F filings for Q1 2024.