Universal Display
OLED
298 hedge funds and large institutions have $3.34B invested in Universal Display in 2017 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 82 increasing their positions, 103 reducing their positions, and 24 closing their positions.
233% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 24
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
22% more funds holding
Funds holding: 245 → 298 (+53)
17% more capital invested
Capital invested by funds: $2.86B → $3.34B (+$481M)
2% more call options, than puts
Call options by funds: $144M | Put options by funds: $141M
5.66% less ownership
Funds ownership: 70.65% → 64.99% (-5.7%)
20% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$31M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$24.2M |
| 3 |
Millennium Management
New York
|
+$23.1M |
| 4 |
NCA
Newbrook Capital Advisors
New York
|
+$19.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$19.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$119M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$63.7M |
| 3 |
Bank of New York Mellon
New York
|
-$44M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$36.7M |
| 5 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
-$28M |
OLED Hedge Fund Activity: Q2 2017 in Review
298 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Universal Display (OLED) for Q2 2017, worth a combined $3.34B — up 17% from $2.86B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new OLED positions and 24 closed out — a net gain of 56 holders — while 82 added to existing stakes and 103 trimmed.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $31M. The largest seller was BlackRock, cutting an estimated $119M.
- 298 institutional investors held Universal Display (OLED) as of Q2 2017, up from 245 in Q1 2017.
- Funds reported $3.34B of Universal Display stock for Q2 2017, up 17% quarter-over-quarter.
- 80 funds opened new Universal Display positions in Q2 2017 and 24 closed out, a net change of +56 holders.
- The largest Universal Display buyer in Q2 2017 was Jericho Capital Asset Management, an estimated $31M added.
- The largest Universal Display seller in Q2 2017 was BlackRock, an estimated $119M sold.
Based on aggregated 13F filings for Q2 2017.