HoldCo Opportunities Fund V Opens Value Talks at BankUnited, Inc. with 5.0% Stake

HoldCo Opportunities Fund V Opens Value Talks at BankUnited, Inc. with 5.0% Stake

HoldCo Opportunities Fund V, L.P. disclosed that it owns 3,535,282 shares of BankUnited, Inc., a stake of about 5.0%. The fund filed its Schedule 13D on October 28, 2026, and reported an aggregate purchase cost of about $135.6 million. The investment matters because the fund and its affiliates say they have discussed ways to increase shareholder value with BankUnited's management and board.

Investor Intent

Fund V says it bought the shares because it viewed them as “undervalued” and an attractive investment. The fund and its affiliates have discussed opportunities to “enhance shareholder value” with members of BankUnited's management team and board, and expect those talks to continue.

The group has not set out a specific proposal. It says it could later recommend changes to BankUnited's board composition, capital structure or operations, or consider business combinations or dispositions involving the company or some of its businesses.

Investor's Background

HoldCo Opportunities Fund V, L.P. is a Delaware limited partnership that invests in securities. HoldCo Asset Management, LP, a registered investment adviser, manages the fund, while VM GP X LLC serves as its general partner. Michael Zaitzeff and Vikaran Ghei serve as managing members of the entities that control the fund's general partner and investment manager.

Original SEC Filing: BankUnited, Inc. [ BKU ] - SCHEDULE 13D - Oct. 28, 2026