13F-HR: Atlantic Union Bankshares Corp Discloses $1.6 Billion in Holdings for Q2 2024

Atlantic Union Bankshares Corp reports \$1.6 billion in managed securities holdings as of June 30, 2024, according to its latest 13F filing.

Summary

• Atlantic Union Bankshares Corp filed its Form 13F for the quarter ended June 30, 2024.
• The filing reports \$1,604,002,346 in total value of holdings.
• The filing lists 681 entries in the Form 13F Information Table.
• The report indicates that all holdings are reported in this report.
• Kimberly Thayer, Chief Compliance Officer Trust, signed the report on July 24, 2024.

Sentiment

Score: 7

Explanation: The document is a standard regulatory filing, presenting factual information about the company's holdings. The sentiment is neutral to positive as it provides transparency into the company's investment strategy.

Positives

• The filing provides a detailed overview of Atlantic Union Bankshares Corp's investment portfolio.
• The report includes a comprehensive list of holdings, offering transparency into the firm's investment strategy.

Industry Context

Form 13F filings are required quarterly disclosures of equity assets under management by institutional investment managers with at least \$100 million in assets under management, providing insights into investment trends and portfolio strategies within the financial industry.

Comparison to Industry Standards

• Comparing Atlantic Union Bankshares Corp's portfolio composition to that of similar regional banks and wealth management firms could reveal insights into their relative investment strategies.
• For example, firms like Truist Financial or PNC Financial Services, which operate in similar markets, could be used as benchmarks.
• Analyzing the concentration of holdings in specific sectors, such as technology or financials, against industry averages can highlight potential areas of over or under-exposure.
• Comparing the performance of Atlantic Union Bankshares Corp's top holdings against relevant market indices, such as the S&P 500 or Russell 2000, can provide an assessment of their stock selection skills.

Stakeholder Impact

• Shareholders can use this information to understand the investment strategy of Atlantic Union Bankshares Corp.
• The filing provides transparency to clients and stakeholders regarding the assets managed by the institution.

Key Dates