SEC 13F Intelligence

Managers / Q1 2023 · view latest →

UNITED BANK

CIK 0001286478 · 2071 CHAIN BRIDGE RD, ST 300, VIENNA, VA, 22182 · 3044248751

Reported Value
$783M
Q1 2023
Positions
292
Filings on Record
30
2019–present window
Filed
May 1, 2023
original filing

Summary

United Bank reported $783M in U.S.-listed holdings across 292 positions for Q1 2023.

Its largest position, HUBB, represents 8.4% of the portfolio.

Compared with Q4 2022, the fund opened 10 new positions and exited 8.

Portfolio Metrics

Turnover
+7.3%
vs prior filed quarter
Top-10 Concentration
+40.0%
share of reported value
Largest Position
+8.4%
Hubbell
New / Exited
10 / 8
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $482MQ4 ’18Q1 ’19: $555MQ2 ’19: $598MQ3 ’19: $547MQ4 ’19: $577MQ4 ’19Q1 ’20: $461MQ3 ’20: $552MQ4 ’20: $669MQ1 ’21: $728MQ1 ’21Q2 ’21: $744MQ3 ’21: $747MQ4 ’21: $814MQ1 ’22: $760MQ1 ’22Q2 ’22: $667MQ3 ’22: $650MQ4 ’22: $714MQ1 ’23: $783MQ1 ’23Q2 ’23: $813MQ3 ’23: $761MQ4 ’23: $797MQ1 ’24: $838MQ1 ’24Q2 ’24: $806MQ3 ’24: $859MQ1 ’25: $786MQ2 ’25: $835MQ2 ’25Q3 ’25: $839MQ4 ’25: $757MQ1 ’26: $781Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 74.1%ETP: 23.3%REIT: 2.1%Other: 0.4%Tracking Stk: 0.0%Other: 0.0%
  • Common Stock · 74.1% · $580M
  • ETP · 23.3% · $183M
  • REIT · 2.1% · $17M
  • Other · 0.4% · $3M
  • Tracking Stk · 0.0% · $265,647
  • Other · 0.0% · $259,682

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARESNEW+854.3K854.3K+$43M$43M
ISHARESNEW+242.5K242.5K+$25M$25M
ISHARESNEW+10.9K10.9K+$781,890$781,890
LINDE PLCNEW+1.1K1.1K+$382,098$382,098
VANGUARDNEW+1.6K1.6K+$345,174$345,174
ARKNEW+5.4K5.4K+$216,263$216,263
NDQINVESCONEW+672672+$215,665$215,665
NFLXNETFLIX INC.NEW+592592+$204,523$204,523

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2023

36 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARESETF-FIXED INCOM · COMMON STOCK16.20%$127M1.68M
2HUBBHUBBELL INChistory →COMMON STOCK9.39%$74M302.1K
3AAPLAPPLE INChistory →COMMON STOCK4.12%$32M195.7K
4VUGVANGUARDCOMMON STOCK4.10%$32M248.4K
5MSFTMICROSOFThistory →COMMON STOCK4.09%$32M111.1K
6UBSIUNITED BANKSHARES INChistory →COMMON STOCK3.45%$27M766.8K
7CHVCHEVRON CORPORATIONhistory →COMMON STOCK2.59%$20M124.2K
8MCDMCDONALDS CORPhistory →COMMON STOCK2.29%$18M64.0K
9PGPROCTER & GAMBLE COhistory →COMMON STOCK2.22%$17M117.0K
10CSCOCISCO SYSTEMS INChistory →COMMON STOCK2.21%$17M330.6K
11WMWASTE MANAGEMENT INChistory →COMMON STOCK2.17%$17M104.1K
12JNJJOHNSON & JOHNSONhistory →COMMON STOCK2.09%$16M105.6K
13IRON MOUNTAIN INCCOMMON STOCK2.09%$16M309.0K
14DOVDOVER CORPhistory →COMMON STOCK2.05%$16M105.6K
15ABTABBOTT LABORATORIEShistory →COMMON STOCK2.05%$16M158.2K
16AMGNAMGEN INChistory →COMMON STOCK2.01%$16M65.1K
17UNPUNION PACIFIChistory →COMMON STOCK2.00%$16M77.8K
18TXNTEXAS INSTRUMENTS INChistory →COMMON STOCK1.94%$15M81.6K
19APDAIR PRODS & CHEMS INChistory →COMMON STOCK1.91%$15M52.1K
20GLWCORNING INChistory →COMMON STOCK1.83%$14M405.2K
21UPSUNITED PARCEL SERVICE INChistory →COMMON STOCK1.74%$14M70.2K
22GDGENERAL DYNAMICS CORPhistory →COMMON STOCK1.73%$14M59.5K
23DGXQUEST DIAGNOSTICS INChistory →COMMON STOCK1.73%$14M95.6K
24DYHTARGET CORPhistory →COMMON STOCK1.59%$12M74.9K
25BLKCHFBLACKROCK INC.history →COMMON STOCK1.52%$12M17.8K
26PFEPFIZER INChistory →COMMON STOCK1.46%$11M280.8K
27USBUS BANCORPhistory →COMMON STOCK1.41%$11M306.1K
28JPMJPMORGAN CHASE & COhistory →COMMON STOCK1.35%$11M81.3K
29CMICUMMINS INChistory →COMMON STOCK1.18%$9M38.7K
30EXMOCEXXON MOBIL CORPCOMMON STOCK0.95%$7M67.5K
31KLACKLA CORPORATIONCOMMON STOCK0.77%$6M15.1K
32ALBALBEMARLE CORPCOMMON STOCK0.57%$4M20.3K
33SPDRCOMMON STOCK0.55%$4M10.4K
34CHDCHURCH & DWIGHT INCCOMMON STOCK0.44%$3M39.3K
35KOCOCA COLA COCOMMON STOCK0.39%$3M49.2K
36URIUNITED RENTALS INCCOMMON STOCK0.30%$2M5.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$781M239May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025$757M243Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$839M245Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$835M257Jul 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$786M264May 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$859M262Nov 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$806M277Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$838M284May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$797M280Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$761M276Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$813M286Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$783M292May 1, 202313F-HRchanges · EDGAR ↗
Q4 2022$714M292Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$650M297Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$667M283Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$760M296May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$814M303Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$747M304Oct 21, 202113F-HRchanges · EDGAR ↗
Q2 2021$744M301Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$728M311Apr 23, 202113F-HRchanges · EDGAR ↗
Q4 2020$669M307Feb 18, 202113F-HRchanges · EDGAR ↗
Q3 2020$552M253Sep 18, 202013F-HRchanges · EDGAR ↗
Q1 2020$461M231May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$577M273Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$547M276Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$598M276Aug 15, 201913F-HRchanges · EDGAR ↗
Q1 2019$555M262May 16, 201913F-HRchanges · EDGAR ↗
Q4 2018$482M282Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.