United Bankshares, Inc.

UBSIRank #263 of 316

Reference Jun 30, 2026 close implied by Form 13F filings

Circulating market cap

$6.24B

Upper bound: lock-ups and restricted stock not reviewed yet.

Traditional market cap: $6.24B
Fully diluted value: $6.26B
Free float market cap: -
Gap to traditional: 0

Circulating supply136.21M / 136.21M

Free float
Locked team
Other restricted

Circulating: 136.21M · 100.0%
Free float: -
Locked team: n/r
Other restricted: n/r
Total outstanding: 136,212,571

Lock-ups and restricted stock for this company have not been reviewed yet. Only unlisted share classes are excluded, so circulating supply is an upper bound.

Supply breakdown

Shares as of Jul 31, 2026

Circulating100.0%136.21M shares

Category	Shares	%	Value	Status
Circulating	136.21M	100.0%	$6.24B	Estimated
Free float	-	-	-	Unavailable
Insider-held, unrestricted	-	-	-	Unavailable
Locked team funds	-	-	-	Unavailable
Other restricted (unlisted classes only)	-	-	-	Unavailable
Total outstanding	136.21M	100.0%	$6.24B	Verified
Ownership views (overlap the categories above, never added)
Institutional holdings (13F)	103.07M	75.7%	$4.72B	Estimated
Insider-held, all (Forms 3, 4, 5)	-	-	-	Unavailable

Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.

Valuation

Traditional$6.24B
Fully diluted$6.26B
Circulating$6.24B
Free float-
Locked team value$0
Other restricted value$0

Locked and restricted shares

Not reviewed yet.

Institutional holders

13F, quarter ended Jun 30, 2026

Holder	Shares	% of total
BlackRock, Inc.	20.19M	14.82%
STATE STREET CORP	8.64M	6.34%
DIMENSIONAL FUND ADVISORS LP	7.69M	5.65%
VANGUARD PORTFOLIO MANAGEMENT LLC	7.28M	5.35%
VANGUARD CAPITAL MANAGEMENT LLC	6.25M	4.59%
GEODE CAPITAL MANAGEMENT, LLC	4.11M	3.02%
EARNEST PARTNERS LLC	3.97M	2.92%
VICTORY CAPITAL MANAGEMENT INC	2.95M	2.16%
AQR CAPITAL MANAGEMENT LLC	2.29M	1.68%
NORTHERN TRUST CORP	1.71M	1.25%

Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer.

Insiders

Forms 3, 4 and 5

Form 4 aggregation pending

Share classes

Class	Listing	Shares outstanding	As of
Common stock	UBSI on Nasdaq	136,212,571	Jul 31, 2026

Notes and sources

UNITED BANKSHARES INC/WV 10-Q for period ended 2026-06-30, Cover page (0001193125-26-339565)
SEC public float (non-affiliates): $5.00B as of Jun 30, 2025, from the 10-K cover. It is a dollar value at a past date, not circulating supply.