HoldCo Asset Management, based in Florida, acquired 936,900 shares of BankUnited in the third quarter, valued at $35.75 million. This new position represents 3.77% of the fund’s $947.56 million in U.S. equity assets across 26 positions. BankUnited’s top holdings include CMA, COLB, FIBK, EBC, and CFG. The company’s revenue is $1.07 billion with a net income of $268.40 million. BankUnited focuses on commercial lending and deposit gathering in Florida and the New York metropolitan area, leveraging technology to support growth and customer retention. BankUnited’s recent quarter showed stable earnings and growth, with a 22% increase in earnings year over year.

Read more at Nasdaq: Why This Regional Bank Stock Drew a New $35.8 Million Investment