Universal Display
OLED
134 hedge funds and large institutions have $876M invested in Universal Display in 2014 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 35 increasing their positions, 52 reducing their positions, and 19 closing their positions.
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
3% more funds holding
Funds holding: 130 → 134 (+4)
13% less capital invested
Capital invested by funds: $1B → $876M (-$129M)
33% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 52
37% less call options, than puts
Call options by funds: $21.9M | Put options by funds: $34.9M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$30.1M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$21.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$18M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$10.4M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$27.7M |
| 2 |
Bank of New York Mellon
New York
|
-$18.8M |
| 3 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$7.26M |
| 4 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
-$6.53M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$4.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$30K | -910 | Closed |
|
|
NFG
152
Next Financial Group
Houston,
Texas
| – | -$4K | -130 | Closed |
|
|
CTB
153
Country Trust Bank
Bloomington,
Illinois
| – | -$3.26K | -100 | Closed |
|
OLED Hedge Fund Activity: Q4 2014 in Review
134 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Universal Display (OLED) for Q4 2014, worth a combined $876M — down 13% from $1B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new OLED positions and 19 closed out — a net gain of 6 holders — while 35 added to existing stakes and 52 trimmed.
The largest buyer was Primecap Management, adding an estimated $30.1M. The largest seller was Miller Value Partners, exiting entirely with an estimated $27.7M sold.
- 134 institutional investors held Universal Display (OLED) as of Q4 2014, up from 130 in Q3 2014.
- Funds reported $876M of Universal Display stock for Q4 2014, down 13% quarter-over-quarter.
- 25 funds opened new Universal Display positions in Q4 2014 and 19 closed out, a net change of +6 holders.
- The largest Universal Display buyer in Q4 2014 was Primecap Management, an estimated $30.1M added.
- The largest Universal Display seller in Q4 2014 was Miller Value Partners, an estimated $27.7M sold.
Based on aggregated 13F filings for Q4 2014.