Universal Display
OLED
127 hedge funds and large institutions have $1.04B invested in Universal Display in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 46 increasing their positions, 42 reducing their positions, and 22 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 42
3% more capital invested
Capital invested by funds: $1.01B → $1.04B (+$27M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 132 → 127 (-5)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
38% less call options, than puts
Call options by funds: $25.4M | Put options by funds: $41.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$48.6M |
| 2 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$16.2M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$13.7M |
| 4 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$10.7M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$7.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$26.4M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
-$19.6M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$14.4M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$12.1M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$8.04M |
OLED Hedge Fund Activity: Q2 2014 in Review
127 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Universal Display (OLED) for Q2 2014, worth a combined $1.04B — up 2.7% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of OLED and 18 opened new positions — a net loss of 4 holders — while 42 trimmed existing stakes and 46 added.
The largest buyer was Norges Bank, adding an estimated $48.6M. The largest seller was Ameriprise, cutting an estimated $26.4M.
- 127 institutional investors held Universal Display (OLED) as of Q2 2014, down from 132 in Q1 2014.
- Funds reported $1.04B of Universal Display stock for Q2 2014, up 2.7% quarter-over-quarter.
- 18 funds opened new Universal Display positions in Q2 2014 and 22 closed out, a net change of -4 holders.
- The largest Universal Display buyer in Q2 2014 was Norges Bank, an estimated $48.6M added.
- The largest Universal Display seller in Q2 2014 was Ameriprise, an estimated $26.4M sold.
Based on aggregated 13F filings for Q2 2014.