Universal Display
OLED
408 hedge funds and large institutions have $5.34B invested in Universal Display in 2019 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 123 increasing their positions, 137 reducing their positions, and 53 closing their positions.
21% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 53
3% more funds holding
Funds holding: 397 → 408 (+11)
3% more call options, than puts
Call options by funds: $407M | Put options by funds: $394M
2.72% less ownership
Funds ownership: 70.21% → 67.49% (-2.7%)
10% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 137
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
14% less capital invested
Capital invested by funds: $6.24B → $5.34B (-$898M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$104M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$80.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$64.4M |
| 4 |
Renaissance Technologies
New York
|
+$34.7M |
| 5 |
JP Morgan Chase
New York
|
+$33.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
-$171M |
| 2 |
EIP
Epoch Investment Partners
New York
|
-$160M |
| 3 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
-$59.1M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$47.2M |
| 5 |
PC
Polar Capital
London,
United Kingdom
|
-$42.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TPWA
451
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$94K | -500 | Closed |
|
|
SFG
452
SevenBridge Financial Group
Harrisburg,
Pennsylvania
| – | -$84K | -445 | Closed |
|
|
MWM
453
Meridian Wealth Management
Lexington,
Kentucky
| – | -$386 | -205 | Closed |
|
454
First Manhattan
New York
| – | -$28K | -150 | Closed |
|
|
AIM
455
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$24K | -130 | Closed |
|
|
MF
456
Manchester Financial
Westlake Village,
California
| – | -$5K | -25 | Closed |
|
|
CAW
457
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$5K | -24 | Closed |
|
|
TM
458
Titan Managers
Scottsdale,
Arizona
| – | -$3K | -14 | Closed |
|
|
PCP
459
Proficio Capital Partners
Newton,
Massachusetts
| – | -$1K | -7 | Closed |
|
|
HI
460
Hudock Inc
Williamsport,
Pennsylvania
| – | -$1K | -6 | Closed |
|
|
UFF
461
USA Financial Formulas
Ada,
Michigan
| – | +$400 | +2 | New |
|
OLED Hedge Fund Activity: Q3 2019 in Review
408 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Universal Display (OLED) for Q3 2019, worth a combined $5.34B — down 14% from $6.24B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new OLED positions and 53 closed out — a net gain of 11 holders — while 123 added to existing stakes and 137 trimmed.
The largest buyer was Jennison Associates, adding an estimated $104M. The largest seller was Primecap Management, cutting an estimated $171M.
- 408 institutional investors held Universal Display (OLED) as of Q3 2019, up from 397 in Q2 2019.
- Funds reported $5.34B of Universal Display stock for Q3 2019, down 14% quarter-over-quarter.
- 64 funds opened new Universal Display positions in Q3 2019 and 53 closed out, a net change of +11 holders.
- The largest Universal Display buyer in Q3 2019 was Jennison Associates, an estimated $104M added.
- The largest Universal Display seller in Q3 2019 was Primecap Management, an estimated $171M sold.
Based on aggregated 13F filings for Q3 2019.