Universal Display
OLED
146 hedge funds and large institutions have $1.04B invested in Universal Display in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 56 increasing their positions, 50 reducing their positions, and 40 closing their positions.
33% more capital inflows, than outflows
Capital inflows: $160M | Capital outflows: $120M
12% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 50
1.86% more ownership
Funds ownership: 63.58% → 65.45% (+1.9%)
11% less call options, than puts
Call options by funds: $24.3M | Put options by funds: $27.4M
12% less funds holding
Funds holding: 166 → 146 (-20)
43% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 40
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gotham Asset Management
New York
|
+$23.6M |
| 2 |
Renaissance Technologies
New York
|
+$16.4M |
| 3 |
Lazard Asset Management
New York
|
+$15.7M |
| 4 |
Bank of New York Mellon
New York
|
+$11.6M |
| 5 |
Epoch Investment Partners
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Discovery Capital Management
South Norwalk,
Connecticut
|
-$40M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$12.7M |
| 3 |
Primecap Management
Pasadena,
California
|
-$9.43M |
| 4 |
Next Century Growth Investors
Plymouth,
Minnesota
|
-$7.75M |
| 5 |
Crosspoint Capital Strategies
Orinda,
California
|
-$6.54M |
OLED Hedge Fund Activity: Q3 2015 in Review
146 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Universal Display (OLED) for Q3 2015, worth a combined $1.04B — down 32% from $1.52B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of OLED and 23 opened new positions — a net loss of 17 holders — while 50 trimmed existing stakes and 56 added.
The largest buyer was Gotham Asset Management, adding an estimated $23.6M. The largest seller was Discovery Capital Management, cutting an estimated $40M.
- 146 institutional investors held Universal Display (OLED) as of Q3 2015, down from 166 in Q2 2015.
- Funds reported $1.04B of Universal Display stock for Q3 2015, down 32% quarter-over-quarter.
- 23 funds opened new Universal Display positions in Q3 2015 and 40 closed out, a net change of -17 holders.
- The largest Universal Display buyer in Q3 2015 was Gotham Asset Management, an estimated $23.6M added.
- The largest Universal Display seller in Q3 2015 was Discovery Capital Management, an estimated $40M sold.
Based on aggregated 13F filings for Q3 2015.