UNITED BANKSHARES INC WEST V UBSI
COM · Common Stock · CUSIP 909907107
American bank holding company based in West Virginia
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersCharleston, WV
- Founded1982
- Websitebankwithunited.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($16.3m this quarter). Holder counts are more reliable. Shares outstanding: 135.2m as of 2024-10-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $37.14. Options: 7 managers hold calls ($5.6m notional), 5 hold puts ($1.2m).
Trends to Q3 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 314 |
| Q4 2022 | 327 |
| Q1 2023 | 311 |
| Q2 2023 | 298 |
| Q3 2023 | 309 |
| Q4 2023 | 310 |
| Q1 2024 | 316 |
| Q2 2024 | 305 |
| Q3 2024 | 336 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 141 | 132 |
| Q1 2023 | 131 | 146 |
| Q2 2023 | 119 | 147 |
| Q3 2023 | 144 | 131 |
| Q4 2023 | 146 | 138 |
| Q1 2024 | 124 | 139 |
| Q2 2024 | 133 | 140 |
| Q3 2024 | 154 | 123 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $5.2m | $2.0m | 0.39 |
| Q1 2024 | $3.9m | $1.6m | 0.40 |
| Q2 2024 | $2.4m | $1.2m | 0.50 |
| Q3 2024 | $5.6m | $1.2m | 0.22 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +558.6k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | Added | +292.7k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Added | +223.2k |
| Point72 Asset Management, L.P. | New | +166.7k |
| MORGAN STANLEY | Added | +157.4k |
| BARCLAYS PLC | Added | +127.5k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | Added | +112.0k |
| JPMORGAN CHASE & CO | Added | +105.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +83.5k |
| Cubist Systematic Strategies, LLC | New | +72.4k |
Biggest sellers
| ProShare Advisors LLC | Reduced | -1.1m |
| CITADEL ADVISORS LLC | Reduced | -536.9k |
| STATE STREET CORP | Reduced | -374.3k |
| Bank of New York Mellon Corp | Reduced | -254.6k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -165.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -144.5k |
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -139.2k |
| Invesco Ltd. | Reduced | -125.4k |
| EARNEST PARTNERS LLC | Reduced | -84.6k |
| AXXCESS WEALTH MANAGEMENT, LLC | Reduced | -77.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.4m91.6k shares |
| SIMPLEX TRADING, LLC | Added | $753.0k20.3k shares |
| CITADEL ADVISORS LLC | Reduced | $730.9k19.7k shares |
| WOLVERINE TRADING, LLC | New | $360.5k9.8k shares |
| Parallax Volatility Advisers, L.P. | Unchanged | $274.5k7.4k shares |
| GROUP ONE TRADING LLC | Unchanged | $92.8k2.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $526.8k14.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $389.6k10.5k shares |
| SIMPLEX TRADING, LLC | Added | $270.0k7.3k shares |
| GROUP ONE TRADING LLC | New | $55.6k1.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2022 | 0 | — | 1 | $106.9k | — |
| Q1 2023 | 1 | $1.8k | 0 | — | — |
| Q2 2023 | 5 | $447.2k | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 2 | $35.7k | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
None reported in Q3 2024.
Holders, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 19.6m $726.6m | First filing |
| VANGUARD GROUP INC 0.01% of their portfolio | 14.2m $526.6m | Added +69.8k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 7.9m $294.1m | Added +20.5k |
| STATE STREET CORP 0.01% of their portfolio | 7.7m $288.1m | Reduced -374.3k |
| EARNEST PARTNERS LLC 0.67% of their portfolio | 4.2m $154.7m | Reduced -84.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.14% of their portfolio | 4.0m $148.3m | Added +14.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.3m $122.7m | Added +54.0k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.62% of their portfolio | 2.5m $91.1m | Added +292.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.7m $62.1m | Added +83.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.6m $57.9m | Added +11.9k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.51% of their portfolio | 1.6m $57.8m | Added +223.2k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.22% of their portfolio | 1.5m $56.1m | Reduced -33.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.4m $52.3m | Reduced -254.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.3m $48.3m | Added +42.9k |
| Fisher Asset Management, LLC 0.02% of their portfolio | 1.2m $45.3m | Added +16.8k |
| NORGES BANK 0.01% of their portfolio | 1.2m $44.9m | Added +1.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2m $44.1m | Added +105.9k |
| ProShare Advisors LLC 0.10% of their portfolio | 1.1m $40.1m | Reduced -1.1m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.0m $38.3m | Added +558.6k |
| MORGAN STANLEY 0.00% of their portfolio | 890.1k $33.0m | Added +157.4k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 879.3k $32.6m | Added +30.1k |
| Invesco Ltd. 0.01% of their portfolio | 839.3k $31.1m | Reduced -125.4k |
| UNITED BANK 3.22% of their portfolio | 744.7k $27.6m | Reduced -16.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 641.6k $23.8m | Reduced -11.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio | 468.9k $17.4m | Added +42.7k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 449.2k $16.7m | Reduced -59.5k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 443.5k $16.5m | Added +63.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 417.4k $15.5m | Reduced -3.2k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.37% of their portfolio | 391.0k $14.5m | Added +112.0k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 353.5k $13.1m | Reduced -11.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio | 345.2k $12.8m | Reduced -28.9k |
| NATIXIS ADVISORS, LLC 0.02% of their portfolio | 336.0k $12.5m | Added +58.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 312.9k $11.6m | Reduced -139.2k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 295.9k $11.0m | Reduced -1.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 285.5k $10.6m | Reduced -6.1k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 276.1k $10.2m | Added +41.4k |
| BARCLAYS PLC 0.00% of their portfolio | 269.9k $10.0m | Added +127.5k |
| Swiss National Bank 0.01% of their portfolio | 264.0k $9.8m | Reduced -1.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 254.2k $9.4m | Reduced -2.0k |
| CHARTWELL INVESTMENT PARTNERS, LLC 0.32% of their portfolio | 251.5k $9.3m | Reduced -28.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 250.6k $9.3m | Added +4.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 238.2k $8.8m | Reduced -13.3k |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. 0.45% of their portfolio | 233.0k $8.6m | Unchanged |
| Corebridge Financial, Inc. 0.05% of their portfolio | 229.2k $8.5m | Reduced -11.5k |
| SEGALL BRYANT & HAMILL, LLC 0.11% of their portfolio | 213.2k $7.9m | Added +20.6k |
| Legal & General Group Plc 0.00% of their portfolio | 212.5k $7.9m | Added +7.0k |
| UBS Group AG 0.00% of their portfolio | 180.8k $6.7m | Reduced -19.0k |
| CITIGROUP INC 0.01% of their portfolio | 171.8k $6.4m | Added +41.7k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 171.4k $6.3m | Added +11.5k |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 166.7k $6.2m | New |
| Retirement Systems of Alabama 0.02% of their portfolio | 163.9k $6.1m | Reduced -2.6k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 161.5k $6.0m | Added +34.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 157.0k $5.8m | Reduced -7.4k |
| Brandywine Global Investment Management, LLC 0.04% of their portfolio | 142.7k $5.3m | Added +36.9k |
| MetLife Investment Management, LLC 0.03% of their portfolio | 142.5k $5.3m | Reduced -2.4k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 132.6k $4.9m | Reduced -600 |
| NTV Asset Management LLC 0.64% of their portfolio | 129.6k $4.8m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 127.7k $4.7m | Reduced -3.8k |
| WESBANCO BANK INC 0.15% of their portfolio | 120.5k $4.5m | Reduced -1.4k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 113.0k $4.2m | Added +6.1k |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 112.2k $4.2m | Reduced -48.4k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.05% of their portfolio | 106.1k $3.9m | Reduced -123 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 105.4k $3.9m | Reduced -144.5k |
| LPL Financial LLC 0.00% of their portfolio | 104.9k $3.9m | Added +47.0k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 104.9k $3.9m | Added +14.3k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 102.0k $3.8m | Reduced -1.1k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 98.0k $3.6m | Added +33.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 97.7k $3.6m | Added +2.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 94.3k $3.5m | Added +50.7k |
| AXXCESS WEALTH MANAGEMENT, LLC 0.08% of their portfolio | 84.2k $3.1m | Reduced -77.0k |
| Dana Investment Advisors, Inc. 0.10% of their portfolio | 83.7k $3.1m | Reduced -9.9k |
| EP Wealth Advisors, LLC 0.03% of their portfolio | 83.5k $3.1m | Unchanged |
| Waldron Private Wealth LLC 0.13% of their portfolio | 83.4k $3.1m | Added +108 |
| FMR LLC 0.00% of their portfolio | 83.0k $3.1m | Added +61.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 80.1k $3.0m | Added +32.3k |
| Nicholson Wealth Management Group, LLC 2.34% of their portfolio | 76.8k $2.8m | First filing |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 76.4k $2.8m | Added +17.7k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 76.4k $2.8m | Added +3.0k |
| BROWN ADVISORY INC 0.00% of their portfolio | 73.2k $2.7m | Reduced -980 |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 73.1k $2.7m | Added +7.3k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 72.9k $2.7m | Reduced -4.3k |
| Cubist Systematic Strategies, LLC 0.04% of their portfolio | 72.4k $2.7m | New |
| GUGGENHEIM CAPITAL LLC 0.02% of their portfolio | 71.3k $2.6m | Reduced -5.6k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 69.5k $2.6m | New |
| MALTESE CAPITAL MANAGEMENT LLC 0.41% of their portfolio | 68.3k $2.5m | New |
| CAMBIAR INVESTORS LLC 0.09% of their portfolio | 64.9k $2.4m | Added +67 |
| AMALGAMATED BANK 0.02% of their portfolio | 61.8k $2.3m | Reduced -3.6k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 60.9k $2.3m | Reduced -485 |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 60.1k $2.2m | Reduced -240 |
| STALEY CAPITAL ADVISERS INC 0.10% of their portfolio | 60.1k $2.2m | Unchanged |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 59.7k $2.2m | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 58.4k $2.2m | Reduced -9.5k |
| Wealthcare Advisory Partners LLC 0.06% of their portfolio | 57.2k $2.1m | Added +77 |
| Sterling Capital Management LLC 0.03% of their portfolio | 54.9k $2.0m | First filing |
| COMERICA BANK 0.01% of their portfolio | 54.8k $2.0m | Reduced -8.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 54.7k $2.0m | Added +17.3k |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 52.9k $2.0m | Unchanged |
| Verity Asset Management, Inc. 0.73% of their portfolio | 52.1k $1.9m | Reduced -1.4k |
| Creative Planning 0.00% of their portfolio | 51.6k $1.9m | Added +160 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 51.6k $1.9m | Reduced -6.6k |