SEC 13F Intelligence

Managers / Q4 2023 · view latest →

UNITED BANK

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

Reported Value
$797M
Q4 2023
Positions
280
Filings on Record
30
2019–present window
Filed
Feb 7, 2024
original filing

Summary

United Bank reported $797M in U.S.-listed holdings across 280 positions for Q4 2023.

Its largest position, HUBB, represents 11.1% of the portfolio.

Compared with Q3 2023, the fund opened 8 new positions and exited 6.

Portfolio Metrics

Turnover
+10.2%
vs prior filed quarter
Top-10 Concentration
+42.2%
share of reported value
Largest Position
+11.1%
Hubbell
New / Exited
8 / 6
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: 75.3%ETP: 21.9%REIT: 2.5%Other: 0.2%Tracking Stk: 0.0%Other: 0.0%
  • Common Stock · 75.3% · $600M
  • ETP · 21.9% · $175M
  • REIT · 2.5% · $20M
  • Other · 0.2% · $1M
  • Tracking Stk · 0.0% · $224,112
  • Other · 0.0% · $74,060

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MSCI EM EX CHINA INDEXNEW+602.2K602.2K+$33M$33M
EOGEOG RESOURCES INCNEW+113.1K113.1K+$14M$14M
NSCNORFOLK SOUTHERN CORPNEW+994994+$234,963$234,963
QCOMQUALCOMM INC.NEW+1.5K1.5K+$221,717$221,717
VANGUARDNEW+1.3K1.3K+$215,045$215,045
DWDMORGAN STANLEY GROUP INCNEW+2.2K2.2K+$209,067$209,067
VOR BIOPHARMA INC.NEW+10.9K10.9K+$24,525$24,525
CRDFCARDIFF ONCOLOGY INCNEW+13.0K13.0K+$19,240$19,240

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

Holdings — Q4 2023

36 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1HUBBHUBBELL INChistory →COMMON STOCK12.39%$99M300.0K
2ISHARESCOMMON STOCK · ETF-FIXED INCOM11.27%$90M1.11M
3AAPLAPPLE INChistory →COMMON STOCK5.03%$40M208.3K
4MSFTMICROSOFThistory →COMMON STOCK4.62%$37M98.0K
5MSCI EM EX CHINA INDEXCOMMON STOCK4.11%$33M590.2K
6VTVVANGUARDhistory →COMMON STOCK3.52%$28M176.2K
7UBSIUNITED BANKSHARES INChistory →COMMON STOCK3.33%$27M707.2K
8IRON MOUNTAIN INCCOMMON STOCK2.45%$20M279.2K
9AMGNAMGEN INChistory →COMMON STOCK2.21%$18M61.0K
10CHVCHEVRON CORPORATIONhistory →COMMON STOCK2.20%$18M117.7K
11MCDMCDONALDS CORPhistory →COMMON STOCK2.20%$18M59.1K
12WMWASTE MANAGEMENT INChistory →COMMON STOCK2.15%$17M95.7K
13ABTABBOTT LABORATORIEShistory →COMMON STOCK2.05%$16M148.2K
14PGPROCTER & GAMBLE COhistory →COMMON STOCK2.04%$16M110.6K
15JPMJPMORGAN CHASE & COhistory →COMMON STOCK2.03%$16M94.9K
16JNJJOHNSON & JOHNSONhistory →COMMON STOCK1.98%$16M100.8K
17DOVDOVER CORPhistory →COMMON STOCK1.96%$16M101.4K
18CSCOCISCO SYSTEMS INChistory →COMMON STOCK1.95%$16M307.5K
19GDGENERAL DYNAMICS CORPhistory →COMMON STOCK1.93%$15M59.3K
20BLKCHFBLACKROCK INC.history →COMMON STOCK1.80%$14M17.6K
21USBUS BANCORPhistory →COMMON STOCK1.78%$14M326.9K
22EOGEOG RESOURCES INChistory →COMMON STOCK1.70%$14M112.2K
23APDAIR PRODS & CHEMS INChistory →COMMON STOCK1.68%$13M48.9K
24TXNTEXAS INSTRUMENTS INChistory →COMMON STOCK1.65%$13M77.1K
25DGXQUEST DIAGNOSTICS INChistory →COMMON STOCK1.56%$12M90.3K
26GLWCORNING INChistory →COMMON STOCK1.54%$12M402.0K
27CMICUMMINS INChistory →COMMON STOCK1.48%$12M49.1K
28UPSUNITED PARCEL SERVICE INChistory →COMMON STOCK1.43%$11M72.6K
29DYHTARGET CORPhistory →COMMON STOCK1.42%$11M79.4K
30PFEPFIZER INChistory →COMMON STOCK1.32%$11M365.3K
31EXMOCEXXON MOBIL CORPhistory →COMMON STOCK1.12%$9M89.2K
32SPDRCOMMON STOCK0.46%$4M7.7K
33AMZNAMAZON.COM INCCOMMON STOCK0.37%$3M19.2K
34KOCOCA COLA COCOMMON STOCK0.36%$3M49.0K
35KLACKLA CORPORATIONCOMMON STOCK0.32%$3M4.4K
36GOOGLALPHABET INCCOMMON STOCK0.28%$2M15.7K

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 ↗.