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	17	(414,096)
Net Change		472,979

View: Owners:

Company	Shares	%Out	Value ($)	Reported	Change
State Street Global Advisors Inc.	1,927,486	3.83	51,174,753	3/31/2013	305,959
Northern Trust Global Investments Ltd.	1,238,845	2.46	32,891,335	3/31/2013	29,060
Dimensional Fund Advisors LP	876,085	1.74	23,260,057	3/31/2013	23,426
First Trust Advisors LP	828,488	1.65	21,996,356	3/31/2013	780,824
Norges Bank Investment Management	420,371	.84	11,160,850	12/31/2012	40,601
Royce & Associates LLC	250,000	.50	6,637,500	3/31/2013	250,000
Principal Global Investors LLC	249,895	.50	6,634,712	3/31/2013	5,670
United Capital Financial Advisers LLC	232,430	.46	6,171,017	3/31/2013	6,250
BNY Investment Advisors	230,914	.46	6,130,767	3/31/2013	2,652
Wells Fargo Advisors LLC	228,884	.45	6,076,870	3/31/2013	11,009
Geode Capital Management LLC	199,339	.40	5,292,450	3/31/2013	14,862
JPMorgan Securities Inc.	181,604	.36	4,821,586	3/31/2013	45,609
Staley Capital Advisers Inc.	164,238	.33	4,360,519	3/31/2013	3,069
Mellon Capital Management Corp.	156,567	.31	4,156,854	3/31/2013	12,597
Managed Account Advisors LLC	137,925	.27	3,661,909	3/31/2013	19,024
Charles Schwab Investment Management Inc.	127,631	.25	3,388,603	3/31/2013	7,117
Two Sigma Investments LLC	125,910	.25	3,342,911	3/31/2013	114,310
US Trust Bank of America Pvt. Wealth Management	109,422	.22	2,905,154	3/31/2013	8,999
Kennedy Capital Management Inc.	109,287	.22	2,901,570	3/31/2013	30,029
Tributary Capital Management LLC	106,125	.21	2,817,619	3/31/2013	4,150
Parametric Portfolio Associates LLC	94,991	.19	2,522,011	3/31/2013	13,531
Russell Investment Group	94,041	.19	2,496,789	3/31/2013	40
California Public Employees' Retirement System	81,619	.16	2,166,984	3/31/2013	8,400
Goldman Sachs & Co.	76,744	.15	2,037,553	3/31/2013	16,482
Invesco Advisers Inc.	64,548	.13	1,713,749	3/31/2013	16,513
Susquehanna Financial Group LLLP	62,047	.12	1,647,348	3/31/2013	46,110
Texas Permanent School Fund	56,608	.11	1,502,942	12/31/2012	197
NTV Asset Management LLC	54,212	.11	1,439,329	3/31/2013	114
Comerica Bank	48,409	.10	1,285,259	3/31/2013	361
Barclays Capital Securities	45,787	.09	1,215,645	3/31/2013	29,594
Metropolitan Life Insurance Co.	42,613	.08	1,131,375	3/31/2013	1,494
PNC Bank NA (Trust Department)	38,390	.08	1,019,255	3/31/2013	160
Morgan Stanley Smith Barney LLC	38,004	.08	1,009,006	3/31/2013	11,151
ProShare Advisors LLC	37,791	.08	1,003,351	3/31/2013	23,002
Illinois State Board of Investment	37,600	.07	998,280	6/30/2012	31,620
UBS Global Asset Management (Switzerland)	32,700	.06	868,185	3/31/2013	32,700
Citigroup Global Markets Inc.	32,610	.06	865,796	3/31/2013	1,902
Rochdale Investment Management LLC	28,105	.06	746,188	3/31/2013	25
Virginia Retirement System	22,700	.05	602,685	3/31/2013	22,700
Kentucky Teachers' Retirement System	21,600	.04	573,480	3/31/2013	4,100
Rows 1 through 40 of 73


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