Universal Display
OLED
130 hedge funds and large institutions have $1B invested in Universal Display in 2014 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 52 reducing their positions, and 18 closing their positions.
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
2% more funds holding
Funds holding: 127 → 130 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $1.04B → $1B (-$33.7M)
29% less call options, than puts
Call options by funds: $31.4M | Put options by funds: $44.5M
33% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$38.8M |
| 2 |
Primecap Management
Pasadena,
California
|
+$8.84M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$7.03M |
| 4 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
+$6.6M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$5.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$55.1M |
| 2 |
GAM
Gotham Asset Management
New York
|
-$13M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$12.9M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
-$11.7M |
| 5 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$5.43M |
OLED Hedge Fund Activity: Q3 2014 in Review
130 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Universal Display (OLED) for Q3 2014, worth a combined $1B — down 3.2% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new OLED positions and 18 closed out — a net gain of 3 holders — while 35 added to existing stakes and 52 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $38.8M. The largest seller was Norges Bank, cutting an estimated $55.1M.
- 130 institutional investors held Universal Display (OLED) as of Q3 2014, up from 127 in Q2 2014.
- Funds reported $1B of Universal Display stock for Q3 2014, down 3.2% quarter-over-quarter.
- 21 funds opened new Universal Display positions in Q3 2014 and 18 closed out, a net change of +3 holders.
- The largest Universal Display buyer in Q3 2014 was Bank of New York Mellon, an estimated $38.8M added.
- The largest Universal Display seller in Q3 2014 was Norges Bank, an estimated $55.1M sold.
Based on aggregated 13F filings for Q3 2014.