Universal Display
OLED
245 hedge funds and large institutions have $2.86B invested in Universal Display in 2017 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 58 increasing their positions, 94 reducing their positions, and 28 closing their positions.
171% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 28
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
52% more capital invested
Capital invested by funds: $1.88B → $2.86B (+$979M)
21% more funds holding
Funds holding: 203 → 245 (+42)
16% more call options, than puts
Call options by funds: $85.3M | Put options by funds: $73.8M
0.4% less ownership
Funds ownership: 71.05% → 70.65% (-0.4%)
38% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$202M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$50.4M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$28.8M |
| 4 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$19.8M |
| 5 |
CCI
Columbus Circle Investors
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$42.8M |
| 2 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$42.2M |
| 3 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
-$27.9M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$21.6M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$19.8M |
OLED Hedge Fund Activity: Q1 2017 in Review
245 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Universal Display (OLED) for Q1 2017, worth a combined $2.86B — up 52% from $1.88B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new OLED positions and 28 closed out — a net gain of 48 holders — while 58 added to existing stakes and 94 trimmed.
The largest buyer was BlackRock, adding an estimated $202M. The largest seller was Bank of New York Mellon, cutting an estimated $42.8M.
- 245 institutional investors held Universal Display (OLED) as of Q1 2017, up from 203 in Q4 2016.
- Funds reported $2.86B of Universal Display stock for Q1 2017, up 52% quarter-over-quarter.
- 76 funds opened new Universal Display positions in Q1 2017 and 28 closed out, a net change of +48 holders.
- The largest Universal Display buyer in Q1 2017 was BlackRock, an estimated $202M added.
- The largest Universal Display seller in Q1 2017 was Bank of New York Mellon, an estimated $42.8M sold.
Based on aggregated 13F filings for Q1 2017.