United Bankshares, Inc.
DE ˙ DB ˙ US9099071071
37,40 € ↑1,00 (2,75%)
2026-06-05
DEL PRIS
SecurityDE:UNK / United Bankshares, Inc.
InstitutionGWM Advisors LLC
Latest Disclosed Ownership35,994 shares
Latest Disclosed Value $ 35,994
GWM Advisors LLC reports 23.54% decrease in ownership of UNK / United Bankshares, Inc.

On May 15, 2026 - GWM Advisors LLC filed a 13F-HR form disclosing ownership of 35,994 shares of United Bankshares, Inc. (DE:UNK) valued at $1,274,188 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 18, 2026 disclosing 47,074 shares of United Bankshares, Inc.. This represents a change in shares of -23.54% during the quarter. The current value of the position is $1,346,176 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F UNITED BANKSHARES INC WEST V COM 909907107 35,994 -11,080 -23.54 36 -98.06 0.0017
2026-02-18 2025-12-31 13F UNITED BANKSHARES INC WEST V COM 909907107 47,074 -6,131 -11.52 1,808 -8.69 0.0066
2025-11-17 2025-09-30 13F UNITED BANKSHARES INC WEST V COM 909907107 53,205 12,226 29.83 1,980 32.64 0.0090
2025-08-14 2025-06-30 13F UNITED BANKSHARES INC WEST V COM 909907107 40,979 690 1.71 1,493 6.88 0.0077
2025-05-15 2025-03-31 13F UNITED BANKSHARES INC WEST V COM 909907107 40,289 1,299 3.33 1,397 -4.64 0.0083
2025-02-13 2024-12-31 13F UNITED BANKSHARES INC WEST V COM 909907107 38,990 3,396 9.54 1,464 10.91 0.0088
2024-11-14 2024-09-30 13F UNITED BANKSHARES INC WEST V COM 909907107 35,594 347 0.98 1,321 15.49 0.0086
2024-08-16 2024-06-30 13F UNITED BANKSHARES INC WEST V COM 909907107 35,247 147 0.42 1,143 -9.00 0.0083
2024-05-14 2024-03-31 13F UNITED BANKSHARES INC WEST V COM 909907107 35,100 23,906 213.56 1,256 199.05 0.0110
2024-02-13 2023-12-31 13F UNITED BANKSHARES INC WEST V COM 909907107 11,194 145 1.31 420 38.16 0.0040
2023-11-14 2023-09-30 13F UNITED BANKSHARES INC WEST V COM 909907107 11,049 131 1.20 305 -5.88 0.0033
2023-08-14 2023-06-30 13F UNITED BANKSHARES INC WEST V COM 909907107 10,918 0 0.00 324 0.00 0.0037
2023-05-12 2023-03-31 13F UNITED BANKSHARES INC WEST V COM 909907107 10,918 -485 -4.25 323 -29.93 0.0040
2023-02-14 2022-12-31 13F UNITED BANKSHARES Common Stock 909907107 11,403 -7,746 -40.45 461 -32.60 0.0124
2022-11-14 2022-09-30 13F UNITED BANKSHARES COM 909907107 19,149 -482 -2.46 684 -0.58 0.0112
2022-08-09 2022-06-30 13F UNITED BANKSHARES INC WEST V COM 909907107 19,631 412 2.14 688 2.69 0.0114
2022-05-13 2022-03-31 13F UNITED BANKSHARES INC WEST V COM 909907107 19,219 108 0.57 670 -3.32 0.0108
2022-02-17 2021-12-31 13F UNITED BANKSHARES INC WEST V COM 909907107 19,111 19,111 693 0.0104
2017-11-13 2017-09-30 13F SPDR GOLD Common Stock 909907107 0 -218 -100.00 0 -100.00
2017-08-17 2017-06-30 13F/A-1 UNITED BANKSHARES Common Stock 909907107 218 -7,264 -97.09 8 -97.40 0.0014
2017-08-16 2017-06-30 13F SPDR GOLD Common Stock 909907107 218 -7,264 8
2017-05-09 2017-03-31 13F UNITED BANKSHARES INC WEST V COM 909907107 7,482 -20 -0.27 308 -9.41 0.0700
2017-02-02 2016-12-31 13F UNITED BANKSHARES INC WEST V COM 909907107 7,502 7,502 340 0.0943
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.