Latest United Bank Stock Portfolio
$200Million– No. of Holdings #94
United Bank Performance:
2024 Q2: 1.27%YTD: 6.1%2023: 14.67%
Performance for 2024 Q2 is 1.27%, and YTD is 6.1%, and 2023 is 14.67%.
About United Bank and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, United Bank reported an equity portfolio of $200.4 Millions as of 30 Jun, 2024.
The top stock holdings of United Bank are ASET, NVDA, AAPL. The fund has invested 5.8% of it's portfolio in FLEXSHARES TR and 4.7% of portfolio in NVIDIA CORPORATION.
The fund managers got completely rid off CVS HEALTH CORP (CVS), BOEING CO (BA) and ABBVIE INC (ABBV) stocks. They significantly reduced their stock positions in SPDR SER TR (BIL), SELECT SECTOR SPDR TR (XLB) and FLEXSHARES TR (ASET). United Bank opened new stock positions in PAYPAL HLDGS INC (PYPL) and ISHARES TR (AAXJ). The fund showed a lot of confidence in some stocks as they added substantially to INTERNATIONAL BUSINESS MACHS (IBM), SELECT SECTOR SPDR TR (XLB) and DISNEY WALT CO (DIS).
The top stock holdings of United Bank are ASET, NVDA, AAPL. The fund has invested 5.8% of it's portfolio in FLEXSHARES TR and 4.7% of portfolio in NVIDIA CORPORATION.
The fund managers got completely rid off CVS HEALTH CORP (CVS), BOEING CO (BA) and ABBVIE INC (ABBV) stocks. They significantly reduced their stock positions in SPDR SER TR (BIL), SELECT SECTOR SPDR TR (XLB) and FLEXSHARES TR (ASET). United Bank opened new stock positions in PAYPAL HLDGS INC (PYPL) and ISHARES TR (AAXJ). The fund showed a lot of confidence in some stocks as they added substantially to INTERNATIONAL BUSINESS MACHS (IBM), SELECT SECTOR SPDR TR (XLB) and DISNEY WALT CO (DIS).
United Bank Equity Portfolio Value
Last Reported on: 23 Jul, 2024
United Bank Annual Return Estimates Vs S&P 500
Our best estimate is that United Bank made a return of 1.27% in the last quarter. In trailing 12 months, it's portfolio return was 10.66%.
New Buys
| Ticker | $ Bought |
|---|---|
| paypal hldgs inc | 472,770 |
| ishares tr | 213,158 |
New stocks bought by United Bank
Additions
| Ticker | % Inc. |
|---|---|
| international business machs | 170 |
| select sector spdr tr | 31.64 |
| disney walt co | 22.49 |
| microchip technology inc. | 16.69 |
| becton dickinson & co | 14.61 |
| comcast corp new | 9.85 |
| cisco sys inc | 9.35 |
| bristol-myers squibb co | 9.14 |
Additions to existing portfolio by United Bank
Reductions
| Ticker | % Reduced |
|---|---|
| spdr ser tr | -34.44 |
| select sector spdr tr | -29.06 |
| flexshares tr | -27.05 |
| gsk plc | -15.16 |
| ishares tr | -12.66 |
| salesforce inc | -12.02 |
| first tr morningstar divid l | -9.06 |
| nvidia corporation | -6.34 |
United Bank reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| cvs health corp | -1,217,380 |
| boeing co | -550,022 |
| abbvie inc | -200,128 |
United Bank got rid off the above stocks
Sector Distribution
United Bank has about 36.6% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 36.6 |
| Technology | 19.3 |
| Financial Services | 9 |
| Consumer Cyclical | 7.7 |
| Consumer Defensive | 6.2 |
| Communication Services | 6.1 |
| Healthcare | 5.6 |
| Industrials | 3.7 |
| Utilities | 2.8 |
| Energy | 1.6 |
Market Cap. Distribution
United Bank has about 64% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 36.5 |
| UNALLOCATED | 36 |
| LARGE-CAP | 27.5 |
Stocks belong to which Index?
About 64.2% of the stocks held by United Bank either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 64.2 |
| Others | 35.8 |
United Bank Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of United Bank
United Bank has 94 stocks in it's portfolio. About 38.5% of the portfolio is in top 10 stocks. CMG proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for United Bank last quarter.
Last Reported on: 23 Jul, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 4.63 | 44,038 | 9,275,280 | reduced | -0.61 | ||
| AAXJ | ishares tr | 0.11 | 1,846 | 213,158 | new | |||
| ABBV | abbvie inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ABC | cencora inc | 0.60 | 5,376 | 1,211,210 | added | 4.92 | ||
| ABT | abbott labs | 1.39 | 26,796 | 2,784,370 | added | 3.8 | ||
| ADBE | adobe inc | 0.60 | 2,168 | 1,204,410 | added | 5.96 | ||
| ADI | analog devices inc | 0.66 | 5,783 | 1,320,030 | added | 2.14 | ||
| AFL | aflac inc | 0.11 | 2,497 | 223,007 | unchanged | 0.00 | ||
| AGG | ishares tr | 2.19 | 47,490 | 4,394,720 | reduced | -3.31 | ||
| AGG | ishares tr | 1.99 | 68,260 | 3,994,580 | added | 0.22 | ||
| AGG | ishares tr | 1.50 | 28,193 | 3,007,060 | added | 1.28 | ||
| AGG | ishares tr | 0.24 | 883 | 483,204 | reduced | -12.66 | ||
| AGG | ishares tr | 0.16 | 3,268 | 317,225 | reduced | -3.17 | ||
| AMT | american tower corp new | 0.48 | 4,929 | 958,099 | added | 6.02 | ||
| AMZN | amazon com inc | 2.77 | 28,711 | 5,548,400 | added | 2.05 | ||
| ASET | flexshares tr | 5.79 | 287,307 | 11,607,200 | added | 2.89 | ||
| ASET | flexshares tr | 3.23 | 161,192 | 6,470,250 | reduced | -27.05 | ||
| ASET | flexshares tr | 3.10 | 116,596 | 6,201,740 | added | 1.82 | ||
| ASET | flexshares tr | 1.35 | 43,522 | 2,712,780 | reduced | -1.95 | ||
| BA | boeing co | 0.00 | 0.00 | 0.00 | sold off | -100 | ||