UNITED BANK
Long book
$780.8M
Q1 2026
Positions
121
Top-10 weight
50%
concentration
Last quarter
+8.4%
SPY +14.8%
Turnover
13%
of book per quarter
Strategy in plain words
auto-generated from filingsUNITED BANK is a diversified fundamental manager, running a $780.8M US long book across 121 positions.
The portfolio is moderately concentrated (top 10 ≈ 50% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: HUBBELL INC, ISHARES CORE S&P SMALL-CAP E, ISHARES CORE U.S. AGGREGATE, APPLE INC, UNITED BANKSHARES INC.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-0.2%
Q2 2024
+9.2%
Q3 2024
-1.2%
Q4 2024
-4.1%
Q1 2025
+7.8%
Q2 2025
+6.9%
Q3 2025
+2.4%
Q4 2025
+5.8%
Q1 2026
+8.4%
Sector allocation
Technology 38%
Financials 14%
Industrials 14%
Healthcare 10%
Energy 6%
Utilities 5%
Consumer staples 4%
Consumer discretionary 3%
Long book by quarter
What does UNITED BANK own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| HUBB HUBBELL INC | Technology | 285.9K | $140.3M | 18.0% | Held |
| AAPL APPLE INC | Technology | 117.5K | $29.8M | 3.8% | -2.3% |
| UBSI UNITED BANKSHARES INC | Financials | 710.7K | $29.4M | 3.8% | -0.4% |
| JPM JPMORGAN CHASE & CO | Financials | 98.2K | $28.9M | 3.7% | -0.2% |
| MSFT MICROSOFT CORP | Technology | 68.7K | $25.4M | 3.3% | +0.2% |
| GLW CORNING INC | Industrials | 167.1K | $22.7M | 2.9% | -28.4% |
| CVX CHEVRON CORP | Energy | 90.3K | $18.7M | 2.4% | -5.6% |
| CSCO CISCO SYSTEMS INC | Technology | 187.4K | $14.5M | 1.9% | -5.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 57.7K | $14.1M | 1.8% | -9.1% |
| AMGN AMGEN INC | Healthcare | 36.3K | $12.8M | 1.6% | -4.1% |
| CMI CUMMINS INC | Industrials | 23.1K | $12.5M | 1.6% | -15.5% |
| DOV DOVER CORP | Industrials | 58.1K | $12.1M | 1.6% | -4.0% |
| WM WASTE MANAGEMENT INC | Utilities | 52.3K | $12.0M | 1.5% | -1.9% |
| MCD MCDONALD'S CORP | Consumer discretionary | 38.5K | $12.0M | 1.5% | -0.7% |
| EOG EOG RESOURCES INC | Energy | 81.7K | $11.8M | 1.5% | +6.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 77.9K | $11.3M | 1.4% | +5.1% |
| GD GENERAL DYNAMICS CORP | Industrials | 32.3K | $11.1M | 1.4% | -7.3% |
| ABT ABBOTT LABORATORIES | Healthcare | 105.8K | $10.9M | 1.4% | +9.3% |
| TXN TEXAS INSTRUMENTS INC | Technology | 52.3K | $10.2M | 1.3% | -1.9% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 34.2K | $9.9M | 1.3% | +2.2% |
| PEP PEPSICO INC | Consumer staples | 62.1K | $9.6M | 1.2% | +7.3% |
| BLK BLACKROCK INC | Financials | 9.7K | $9.4M | 1.2% | +1.1% |
| XOM EXXON MOBIL CORP | Energy | 54.1K | $9.2M | 1.2% | -2.9% |
| CME CME GROUP INC | Financials | 30.2K | $8.9M | 1.1% | -1.7% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 38.3K | $8.7M | 1.1% | +0.2% |
| GILD GILEAD SCIENCES INC | Healthcare | 62.1K | $8.7M | 1.1% | -4.2% |
| HSY HERSHEY CO/THE | Consumer staples | 41.0K | $8.5M | 1.1% | -4.0% |
| LMT LOCKHEED MARTIN CORP | Industrials | 13.9K | $8.4M | 1.1% | -8.9% |
| AFL AFLAC INC | Financials | 72.7K | $8.0M | 1.0% | +6.8% |
| AWK AMERICAN WATER WORKS CO INC | Utilities | 56.6K | $7.7M | 1.0% | +13.9% |
| ITW ILLINOIS TOOL WORKS | Industrials | 29.4K | $7.6M | 1.0% | +5.1% |
| V VISA INC-CLASS A SHARES | Services media | 21.7K | $6.5M | 0.8% | +433.0% |
| ATO ATMOS ENERGY CORP | Utilities | 27.4K | $5.1M | 0.6% | New |
| SYK STRYKER CORP | Healthcare | 15.1K | $5.0M | 0.6% | New |
| KLAC KLA CORP | Other | 3.3K | $4.8M | 0.6% | -16.7% |
| KO COCA-COLA CO/THE | Consumer staples | 50.1K | $3.8M | 0.5% | -1.6% |
| NVDA NVIDIA CORP | Technology | 19.6K | $3.4M | 0.4% | -5.6% |
| TSLA TESLA INC | Industrials | 7.9K | $2.9M | 0.4% | -0.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 9.1K | $1.9M | 0.2% | -9.7% |
| LLY ELI LILLY & CO | Healthcare | 1.8K | $1.6M | 0.2% | +0.6% |
| AEP AMERICAN ELECTRIC POWER | Utilities | 12.4K | $1.6M | 0.2% | Held |
| GOOG ALPHABET INC-CL C | Technology | 5.6K | $1.6M | 0.2% | -2.7% |
| ABBV ABBVIE INC | Healthcare | 7.2K | $1.6M | 0.2% | -2.8% |
| GOOGL ALPHABET INC-CL A | Technology | 5.2K | $1.5M | 0.2% | -5.9% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 29.1K | $1.5M | 0.2% | -2.3% |
| T AT&T INC | Communications | 44.2K | $1.3M | 0.2% | -0.2% |
| TFC TRUIST FINANCIAL CORP | Financials | 27.0K | $1.2M | 0.2% | Held |
| PFE PFIZER INC | Healthcare | 42.6K | $1.2M | 0.2% | +0.3% |
| SO SOUTHERN CO/THE | Utilities | 11.5K | $1.1M | 0.1% | -2.4% |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 18.1K | $1.1M | 0.1% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 239 | $780.8M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 243 | $757.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 245 | $839.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 18, 2025 | 257 | $835.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 264 | $786.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | May 14, 2025 | 253 | $838.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 15, 2024 | 262 | $859.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 277 | $805.9M | confidential canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 284 | $837.8M | confidential canonical | SEC ↗ |
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