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 ($8.7m this quarter). Holder counts are more reliable. Shares outstanding: 137.8m as of 2026-04-30, 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 ≈ $41.44. Options: 6 managers hold calls ($5.9m notional), 2 hold puts ($190.5k).
Trends to Q1 2026
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 |
| Q4 2024 | 347 |
| Q1 2025 | 379 |
| Q2 2025 | 366 |
| Q3 2025 | 371 |
| Q4 2025 | 395 |
| Q1 2026 | 420 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 133 | 140 |
| Q3 2024 | 154 | 123 |
| Q4 2024 | 154 | 142 |
| Q1 2025 | 195 | 127 |
| Q2 2025 | 186 | 156 |
| Q3 2025 | 159 | 155 |
| Q4 2025 | 166 | 173 |
| Q1 2026 | 210 | 152 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $4.4m | $2.1m | 0.48 |
| Q3 2025 | $6.1m | $167.2k | 0.03 |
| Q4 2025 | $4.9m | $0 | 0.00 |
| Q1 2026 | $5.9m | $190.5k | 0.03 |
Biggest buyers
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | New | +832.3k |
| AQR CAPITAL MANAGEMENT LLC | Added | +749.5k |
| CITADEL ADVISORS LLC | Added | +574.7k |
| GOLDMAN SACHS GROUP INC | Added | +392.8k |
| BANK OF AMERICA CORP /DE/ | Added | +277.8k |
| MORGAN STANLEY | Added | +204.6k |
| NATIXIS ADVISORS, LLC | Added | +147.6k |
| FRANKLIN RESOURCES INC | Added | +144.6k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +139.8k |
| DEUTSCHE BANK AG\ | Added | +117.1k |
Biggest sellers
| FULLER & THALER ASSET MANAGEMENT, INC. | Reduced | -1.4m |
| ProShare Advisors LLC | Reduced | -332.7k |
| Invesco Ltd. | Reduced | -256.0k |
| Verition Fund Management LLC | Reduced | -253.9k |
| BARCLAYS PLC | Reduced | -237.9k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | Reduced | -196.4k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -179.5k |
| SEGALL BRYANT & HAMILL, LLC | Reduced | -126.5k |
| JPMORGAN CHASE & CO | Reduced | -115.1k |
| EARNEST PARTNERS LLC | Reduced | -105.6k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $1.8m44.3k shares |
| CITADEL ADVISORS LLC | Added | $1.4m34.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $989.9k23.9k shares |
| SIMPLEX TRADING, LLC | New | $712.4k17.2k shares |
| IMC-Chicago, LLC | Added | $604.7k14.6k shares |
| GROUP ONE TRADING LLC | Added | $372.8k9.0k shares |
Biggest puts
| SIMPLEX TRADING, LLC | New | $178.1k4.3k shares |
| GROUP ONE TRADING LLC | New | $12.4k300 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 Q1 2026
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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 3 | $542.1k | $200.0k |
| Q1 2025 | 1 | $91.0k | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 1 | $4.2k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-01-28 | Rice Lacy I III Director · By Immediate Family | Bought | $4.2k101 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 20.2m $835.3m | Added +86.5k |
| STATE STREET CORP 0.01% of their portfolio | 8.0m $333.2m | Added +25.0k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 7.7m $317.3m | Added +56.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 7.3m $301.4m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 6.3m $262.8m | First filing |
| EARNEST PARTNERS LLC 0.71% of their portfolio | 4.1m $171.3m | Reduced -105.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.9m $163.3m | Added +139.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 3.1m $129.2m | Reduced -179.5k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 2.4m $98.1m | Added +749.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.7m $70.2m | Added +16.7k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.50% of their portfolio | 1.7m $68.6m | Reduced -196.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.6m $68.3m | Added +57.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.6m $67.6m | Added +277.8k |
| MORGAN STANLEY 0.00% of their portfolio | 1.6m $66.6m | Added +204.6k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.6m $65.0m | Added +392.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.4m $56.4m | Added +10.6k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.19% of their portfolio | 1.3m $55.0m | Reduced -1.4m |
| Fisher Asset Management, LLC 0.02% of their portfolio | 1.2m $50.2m | Added +28.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 984.7k $40.8m | Added +61.8k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 904.6k $37.5m | First filing |
| Nuveen, LLC 0.01% of their portfolio | 902.5k $37.4m | Reduced -37.9k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.35% of their portfolio | 832.3k $34.5m | New |
| ProShare Advisors LLC 0.05% of their portfolio | 778.7k $32.3m | Reduced -332.7k |
| Invesco Ltd. 0.00% of their portfolio | 774.0k $32.1m | Reduced -256.0k |
| UNITED BANK 3.77% of their portfolio | 710.7k $29.4m | Reduced -2.6k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 644.3k $26.7m | Added +574.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 633.1k $26.2m | Reduced -1.9k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 571.0k $23.6m | Added +39.7k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.41% of their portfolio | 432.0k $17.9m | Reduced -3.5k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 431.4k $17.9m | Added +929 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 427.8k $17.7m | Reduced -105.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 410.1k $17.0m | Reduced -9.9k |
| UBS Group AG 0.00% of their portfolio | 370.3k $15.3m | Added +20.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 368.0k $15.0m | Reduced -115.1k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 345.9k $14.3m | Added +4.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 313.6k $13.0m | Added +10.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 297.6k $12.3m | Added +9.6k |
| California Public Employees Retirement System 0.01% of their portfolio | 293.3k $12.1m | Added +22.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 281.4k $10.8m | Reduced -5.1k |
| Swiss National Bank 0.01% of their portfolio | 278.0k $11.5m | Reduced -1.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 263.9k $10.9m | Reduced -2.4k |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. 0.49% of their portfolio | 233.0k $9.7m | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 231.1k $9.6m | Added +117.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 229.4k $9.5m | Added +144.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 217.5k $9.0m | Reduced -23.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 217.2k $9.0m | Added +8.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 215.6k $8.9m | Reduced -15.1k |
| FMR LLC 0.00% of their portfolio | 208.4k $8.6m | Reduced -829 |
| Legal & General Group Plc 0.00% of their portfolio | 189.8k $7.9m | Reduced -22.4k |
| NTV Asset Management LLC 0.79% of their portfolio | 172.5k $7.1m | Added +500 |
| Retirement Systems of Alabama 0.02% of their portfolio | 171.1k $7.1m | Added +3.0k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 169.1k $7.0m | Added +147.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 164.2k $6.8m | Added +23.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 162.0k $6.7m | Reduced -8.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 155.6k $6.4m | Added +22.5k |
| OLD NATIONAL BANCORP /IN/ 0.10% of their portfolio | 146.9k $6.1m | Added +19.5k |
| SEGALL BRYANT & HAMILL, LLC 0.09% of their portfolio | 146.5k $6.1m | Reduced -126.5k |
| MetLife Investment Management, LLC 0.03% of their portfolio | 142.8k $5.9m | Reduced -415 |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 137.3k $5.7m | First filing |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 132.2k $5.5m | Reduced -6.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 126.8k $5.3m | Reduced -13.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 123.6k $5.1m | Added +54.0k |
| Focus Partners Wealth 0.01% of their portfolio | 121.4k $5.0m | Added +9.8k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.05% of their portfolio | 113.9k $4.7m | Reduced -2.0k |
| BARCLAYS PLC 0.00% of their portfolio | 112.2k $4.6m | Reduced -237.9k |
| 1834 INVESTMENT ADVISORS CO 0.58% of their portfolio | 111.9k $4.6m | Added +15.6k |
| CITIGROUP INC 0.00% of their portfolio | 111.9k $4.6m | Added +10.0k |
| MALTESE CAPITAL MANAGEMENT LLC 0.90% of their portfolio | 110.0k $4.6m | Reduced -32.5k |
| Moody Aldrich Partners LLC 0.81% of their portfolio | 108.6k $4.5m | New |
| Holocene Advisors, LP 0.01% of their portfolio | 105.7k $4.4m | Added +30.4k |
| Wealthspire Advisors, LLC 0.03% of their portfolio | 104.1k $4.3m | Added +95.0k |
| WESBANCO BANK INC 0.12% of their portfolio | 101.4k $4.2m | Reduced -13.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 96.8k $4.0m | Reduced -3.1k |
| Rafferty Asset Management, LLC 0.02% of their portfolio | 91.3k $3.8m | Reduced -11.5k |
| GUGGENHEIM CAPITAL LLC 0.03% of their portfolio | 90.3k $3.7m | Reduced -759 |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 86.8k $3.6m | Added +255 |
| EP Wealth Advisors, LLC 0.02% of their portfolio | 85.6k $3.5m | Added +277 |
| Arkadios Wealth Advisors 0.06% of their portfolio | 81.5k $3.4m | Added +7.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 79.6k $3.3m | Added +1.6k |
| BROWN ADVISORY INC 0.01% of their portfolio | 79.4k $3.3m | Reduced -3.9k |
| Mubadala Investment Co PJSC 0.02% of their portfolio | 78.2k $3.2m | New |
| CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio | 77.0k $3.2m | Added +2.0k |
| Nicholson Wealth Management Group, LLC 1.85% of their portfolio | 76.2k $3.2m | Unchanged |
| Dana Investment Advisors, Inc. 0.09% of their portfolio | 75.1k $3.1m | Reduced -169 |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 73.8k $3.1m | New |
| Waldron Private Wealth LLC 0.12% of their portfolio | 72.4k $3.0m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 70.9k $2.9m | Reduced -6.8k |
| Graham Capital Management, L.P. 0.10% of their portfolio | 70.6k $2.9m | Added +30.3k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 69.7k $2.9m | Added +55.2k |
| Cerity Partners LLC 0.00% of their portfolio | 67.6k $2.8m | Added +22.1k |
| Sterling Capital Management LLC 0.05% of their portfolio | 65.5k $2.7m | Reduced -4.1k |
| Creative Planning 0.00% of their portfolio | 65.4k $2.7m | Added +7.8k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 64.5k $2.7m | Added +30.1k |
| NFJ INVESTMENT GROUP, LLC 0.10% of their portfolio | 63.9k $2.6m | New |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 63.8k $2.6m | First filing |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 63.4k $2.6m | Added +19.3k |
| Quantinno Capital Management LP 0.00% of their portfolio | 61.6k $2.6m | Added +5.1k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 61.5k $2.5m | Unchanged |
| AMALGAMATED BANK 0.02% of their portfolio | 60.3k $2.5m | Added +1.4k |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 59.4k $2.5m | Unchanged |