Universal Display
OLED
413 hedge funds and large institutions have $5B invested in Universal Display in 2020 Q2 according to their latest regulatory filings, with 71 funds opening new positions, 152 increasing their positions, 115 reducing their positions, and 56 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 115
27% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 56
17% more capital invested
Capital invested by funds: $4.29B → $5B (+$714M)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
3% more funds holding
Funds holding: 400 → 413 (+13)
2.22% more ownership
Funds ownership: 68.83% → 71.04% (+2.2%)
24% less call options, than puts
Call options by funds: $198M | Put options by funds: $262M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$76.8M |
| 2 |
HJGA
Hardman Johnston Global Advisors
Stamford,
Connecticut
|
+$33.9M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$28.4M |
| 4 |
FAM
Fred Alger Management
New York
|
+$28.4M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
-$25.2M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$21.9M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$19M |
| 4 |
Jennison Associates
New York
|
-$18M |
| 5 |
Goldman Sachs
New York
|
-$16.4M |
OLED Hedge Fund Activity: Q2 2020 in Review
413 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Universal Display (OLED) for Q2 2020, worth a combined $5B — up 17% from $4.29B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new OLED positions and 56 closed out — a net gain of 15 holders — while 152 added to existing stakes and 115 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $76.8M. The largest seller was Primecap Management, cutting an estimated $25.2M.
- 413 institutional investors held Universal Display (OLED) as of Q2 2020, up from 400 in Q1 2020.
- Funds reported $5B of Universal Display stock for Q2 2020, up 17% quarter-over-quarter.
- 71 funds opened new Universal Display positions in Q2 2020 and 56 closed out, a net change of +15 holders.
- The largest Universal Display buyer in Q2 2020 was Neuberger Berman Group, an estimated $76.8M added.
- The largest Universal Display seller in Q2 2020 was Primecap Management, an estimated $25.2M sold.
Based on aggregated 13F filings for Q2 2020.