Latest United Bank Stock Portfolio
United Bank Performance:
2024 Q3: 3.87%YTD: 10.29%2023: 14.68%
Performance for 2024 Q3 is 3.87%, and YTD is 10.29%, and 2023 is 14.68%.
About United Bank and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, United Bank reported an equity portfolio of $216.8 Millions as of 30 Sep, 2024.
The top stock holdings of United Bank are ASET, AAPL, MSFT. The fund has invested 5.9% of it's portfolio in FLEXSHARES TR and 4.7% of portfolio in APPLE INC.
The fund managers got completely rid off LAUDER ESTEE COS INC (EL) stocks. They significantly reduced their stock positions in NVIDIA CORPORATION (NVDA), SELECT SECTOR SPDR TR (XLB) and AT&T INC (T). United Bank opened new stock positions in FEDEX CORP (FDX), ADVANCED MICRO DEVICES INC (AMD) and SERVICENOW INC (NOW). The fund showed a lot of confidence in some stocks as they added substantially to COCA COLA CO (KO), INTERNATIONAL BUSINESS MACHS (IBM) and VANGUARD INDEX FDS (VB).
The top stock holdings of United Bank are ASET, AAPL, MSFT. The fund has invested 5.9% of it's portfolio in FLEXSHARES TR and 4.7% of portfolio in APPLE INC.
The fund managers got completely rid off LAUDER ESTEE COS INC (EL) stocks. They significantly reduced their stock positions in NVIDIA CORPORATION (NVDA), SELECT SECTOR SPDR TR (XLB) and AT&T INC (T). United Bank opened new stock positions in FEDEX CORP (FDX), ADVANCED MICRO DEVICES INC (AMD) and SERVICENOW INC (NOW). The fund showed a lot of confidence in some stocks as they added substantially to COCA COLA CO (KO), INTERNATIONAL BUSINESS MACHS (IBM) and VANGUARD INDEX FDS (VB).
United Bank Annual Return Estimates Vs S&P 500
Our best estimate is that United Bank made a return of 3.87% in the last quarter. In trailing 12 months, it's portfolio return was 18.25%.
New Buys
| Ticker | $ Bought |
|---|---|
| fedex corp | 614,959 |
| advanced micro devices inc | 516,360 |
| servicenow inc | 480,287 |
| kla corp | 339,192 |
| tesla inc | 287,008 |
| eaton corp plc | 257,529 |
| consolidated edison inc | 227,420 |
| abbvie inc | 217,031 |
New stocks bought by United Bank
Additions
| Ticker | % Inc. |
|---|---|
| coca cola co | 65.38 |
| international business machs | 53.27 |
| vanguard index fds | 22.42 |
| ishares tr | 22.2 |
| meta platforms inc | 22.18 |
| microchip technology inc. | 20.98 |
| adobe inc | 19.74 |
| chipotle mexican grill inc | 13.74 |
Additions to existing portfolio by United Bank
Reductions
| Ticker | % Reduced |
|---|---|
| nvidia corporation | -19.32 |
| select sector spdr tr | -17.98 |
| at&t inc | -16.56 |
| global pmts inc | -13.08 |
| select sector spdr tr | -12.89 |
| cdw corp | -11.95 |
| deere & co | -9.86 |
| southern co | -8.64 |
United Bank reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| lauder estee cos inc | -428,473 |
United Bank got rid off the above stocks
Sector Distribution
United Bank has about 36% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 36 |
| Technology | 18.7 |
| Financial Services | 9.3 |
| Consumer Cyclical | 7.8 |
| Consumer Defensive | 7.4 |
| Communication Services | 5.6 |
| Healthcare | 5.5 |
| Industrials | 4 |
| Utilities | 2.9 |
| Energy | 1.5 |
Market Cap. Distribution
United Bank has about 64.6% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 36.4 |
| UNALLOCATED | 35.4 |
| LARGE-CAP | 28.2 |
Stocks belong to which Index?
About 64.6% of the stocks held by United Bank either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 64.6 |
| Others | 35.4 |
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 103 stocks in it's portfolio. About 35.4% of the portfolio is in top 10 stocks. GOOG proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for United Bank last quarter.
Last Reported on: 01 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc | 4.69 | 43,664 | 10,173,700 | reduced | -0.85 | ||
| AAXJ | ishares tr | 0.10 | 1,766 | 211,222 | reduced | -4.33 | ||
| ABBV | abbvie inc | 0.10 | 1,099 | 217,031 | new | |||
| ABC | cencora inc | 0.58 | 5,601 | 1,260,670 | added | 4.19 | ||
| ABT | abbott labs | 1.44 | 27,284 | 3,110,650 | added | 1.82 | ||
| ADBE | adobe inc | 0.62 | 2,596 | 1,344,160 | added | 19.74 | ||
| ADI | analog devices inc | 0.64 | 6,056 | 1,393,910 | added | 4.72 | ||
| AFL | aflac inc | 0.13 | 2,497 | 279,165 | unchanged | 0.00 | ||
| ALL | allstate corp | 0.10 | 1,101 | 208,805 | new | |||
| AMD | advanced micro devices inc | 0.24 | 3,147 | 516,360 | new | |||
| AMT | american tower corp new | 0.52 | 4,832 | 1,123,730 | reduced | -1.97 | ||
| AMZN | amazon com inc | 2.36 | 27,465 | 5,117,550 | reduced | -4.34 | ||
| ASET | flexshares tr | 5.86 | 304,947 | 12,705,600 | added | 6.14 | ||
| ASET | flexshares tr | 3.52 | 128,295 | 7,623,290 | added | 10.03 | ||
| ASET | flexshares tr | 2.86 | 150,287 | 6,199,340 | reduced | -6.77 | ||
| ASET | flexshares tr | 1.29 | 41,953 | 2,789,870 | reduced | -3.61 | ||
| BDX | becton dickinson & co | 0.38 | 3,409 | 821,910 | reduced | -1.45 | ||
| BIIB | biogen inc | 0.32 | 3,636 | 704,802 | reduced | -3.35 | ||
| BIL | spdr ser tr | 0.40 | 6,038 | 857,638 | reduced | -2.86 | ||
| BLK | blackrock inc | 0.49 | 1,121 | 1,064,400 | added | 1.08 | ||