United Bankshares, Inc. - Investor Relations

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Ownership > 100%

Ownership Information
Shares Outstanding	50,341,657
Short Interest Shares	6,754,678
Float (%)	95.68
Institutional Ownership (%)	50.31
Mutual Fund Ownership (%)	25.00
Insider Ownership (%)	4.32
Top 10 Instn Holders (%)	32.44

Ownership Activity - Increased Positions
Description	Holders	Shares
Total Positions	171	25,324,881
New Positions	11	367,685
Increased Positions	62	1,737,103
Decreased Positions	53	(1,264,124)
Soldout Positions	14	(372,326)
Net Change		472,979

View: Owners:

Company	Shares	%Out	Value ($)	Reported	Change
State Street Global Advisors Inc.	1,927,486	3.83	51,059,104	3/31/2013	305,959
Northern Trust Global Investments Ltd.	1,238,845	2.46	32,817,004	3/31/2013	29,060
Dimensional Fund Advisors LP	876,085	1.74	23,207,492	3/31/2013	23,426
First Trust Advisors LP	828,488	1.65	21,946,647	3/31/2013	780,824
Norges Bank Investment Management	420,371	.84	11,135,628	12/31/2012	40,601
Royce & Associates LLC	250,000	.50	6,622,500	3/31/2013	250,000
Principal Global Investors LLC	249,895	.50	6,619,719	3/31/2013	5,670
United Capital Financial Advisers LLC	232,430	.46	6,157,071	3/31/2013	6,250
BNY Investment Advisors	230,914	.46	6,116,912	3/31/2013	2,652
Wells Fargo Advisors LLC	228,884	.45	6,063,137	3/31/2013	11,009
Geode Capital Management LLC	199,339	.40	5,280,490	3/31/2013	14,862
JPMorgan Securities Inc.	181,604	.36	4,810,690	3/31/2013	45,609
Staley Capital Advisers Inc.	164,238	.33	4,350,665	3/31/2013	3,069
Mellon Capital Management Corp.	156,567	.31	4,147,460	3/31/2013	12,597
Managed Account Advisors LLC	137,925	.27	3,653,633	3/31/2013	19,024
Charles Schwab Investment Management Inc.	127,631	.25	3,380,945	3/31/2013	7,117
Two Sigma Investments LLC	125,910	.25	3,335,356	3/31/2013	114,310
US Trust Bank of America Pvt. Wealth Management	109,422	.22	2,898,589	3/31/2013	8,999
Kennedy Capital Management Inc.	109,287	.22	2,895,013	3/31/2013	30,029
Tributary Capital Management LLC	106,125	.21	2,811,251	3/31/2013	4,150
Parametric Portfolio Associates LLC	94,991	.19	2,516,312	3/31/2013	13,531
Russell Investment Group	94,041	.19	2,491,146	3/31/2013	40
California Public Employees' Retirement System	81,619	.16	2,162,087	3/31/2013	8,400
Goldman Sachs & Co.	76,744	.15	2,032,949	3/31/2013	16,482
Invesco Advisers Inc.	64,548	.13	1,709,877	3/31/2013	16,513
Susquehanna Financial Group LLLP	62,047	.12	1,643,625	3/31/2013	46,110
Texas Permanent School Fund	56,608	.11	1,499,546	12/31/2012	197
NTV Asset Management LLC	54,212	.11	1,436,076	3/31/2013	114
Comerica Bank	48,409	.10	1,282,354	3/31/2013	361
Barclays Capital Securities	45,787	.09	1,212,898	3/31/2013	29,594
Metropolitan Life Insurance Co.	42,613	.08	1,128,818	3/31/2013	1,494
PNC Bank NA (Trust Department)	38,390	.08	1,016,951	3/31/2013	160
Morgan Stanley Smith Barney LLC	38,004	.08	1,006,726	3/31/2013	11,151
ProShare Advisors LLC	37,791	.08	1,001,084	3/31/2013	23,002
Illinois State Board of Investment	37,600	.07	996,024	6/30/2012	31,620
UBS Global Asset Management (Switzerland)	32,700	.06	866,223	3/31/2013	32,700
Citigroup Global Markets Inc.	32,610	.06	863,839	3/31/2013	1,902
Rochdale Investment Management LLC	28,105	.06	744,501	3/31/2013	25
Virginia Retirement System	22,700	.05	601,323	3/31/2013	22,700
Kentucky Teachers' Retirement System	21,600	.04	572,184	3/31/2013	4,100
Rows 1 through 40 of 73


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