Universal Display
OLED
135 hedge funds and large institutions have $1.11B invested in Universal Display in 2013 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 36 increasing their positions, 52 reducing their positions, and 16 closing their positions.
69% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 16
8% more funds holding
Funds holding: 125 → 135 (+10)
0.65% less ownership
Funds ownership: 70.05% → 69.39% (-0.65%)
2% less capital inflows, than outflows
Capital inflows: $138M | Capital outflows: $141M
11% less call options, than puts
Call options by funds: $46.4M | Put options by funds: $51.9M
31% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 52
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$24M |
| 2 |
ING Group
Amsterdam,
Netherlands
|
+$21.3M |
| 3 |
Waddell & Reed Financial
Overland Park,
Kansas
|
+$16.5M |
| 4 |
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$8.39M |
| 5 |
Morgan Stanley
New York
|
+$7.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.8M |
| 2 |
CCI
Columbus Circle Investors
|
-$17.9M |
| 3 |
SPC
Standard Pacific Capital
San Francisco,
California
|
-$17.5M |
| 4 |
DnB Asset Management
Oslo,
Norway
|
-$11.3M |
| 5 |
D.E. Shaw & Co
New York
|
-$6.8M |
OLED Hedge Fund Activity: Q4 2013 in Review
135 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Universal Display (OLED) for Q4 2013, worth a combined $1.11B — up 6.7% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new OLED positions and 16 closed out — a net gain of 11 holders — while 36 added to existing stakes and 52 trimmed.
The largest buyer was Systematic Financial Management, adding an estimated $24M. The largest seller was Fidelity Investments, exiting entirely with an estimated $32.8M sold.
- 135 institutional investors held Universal Display (OLED) as of Q4 2013, up from 125 in Q3 2013.
- Funds reported $1.11B of Universal Display stock for Q4 2013, up 6.7% quarter-over-quarter.
- 27 funds opened new Universal Display positions in Q4 2013 and 16 closed out, a net change of +11 holders.
- The largest Universal Display buyer in Q4 2013 was Systematic Financial Management, an estimated $24M added.
- The largest Universal Display seller in Q4 2013 was Fidelity Investments, an estimated $32.8M sold.
Based on aggregated 13F filings for Q4 2013.