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Universal Display

334 hedge funds and large institutions have $3.14B invested in Universal Display in 2018 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 124 increasing their positions, 97 reducing their positions, and 108 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 97

2.97% more ownership

Funds ownership: 63.19%66.16% (+3%)

8% less funds holding

Funds holding: 362334 (-28)

24% less first-time investments, than exits

New positions opened: 82 | Existing positions closed: 108

28% less call options, than puts

Call options by funds: $228M | Put options by funds: $319M

39% less capital invested

Capital invested by funds: $5.16B → $3.14B (-$2.01B)

58% less funds holding in top 10

Funds holding in top 10: 125 (-7)

Holders
334
Holders Change
-28
Holders Change %
-7.73%
% of All Funds
7.65%
Holding in Top 10
5
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-58.33%
% of All Funds
0.11%
New
82
Increased
124
Reduced
97
Closed
108
Calls
$228M
Puts
$319M
Net Calls
-$90.4M
Net Calls Change
-$102M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$352M +$9.77M +64,992 +2%
EIP
2
Epoch Investment Partners
New York
$347M +$69.1M +459,918 +15%
WRF
3
Waddell & Reed Financial
Kansas
$243M -$10.7M -71,300 -3%
BlackRock
4
BlackRock
New York
$201M +$44.7M +297,565 +18%
UBS AM
5
UBS AM
Illinois
$90.3M +$74.8M +497,459 +125%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$83.9M +$13.5M +89,804 +12%
Neuberger Berman Group
7
Neuberger Berman Group
New York
$69.6M +$9.16M +60,931 +10%
Wells Fargo
8
Wells Fargo
California
$65.8M -$4.81M -32,001 -5%
Primecap Management
9
Primecap Management
California
$65M -$5.86M -38,975 -6%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$61.6M +$62.5M +415,491 +214%
FCM
11
Frontier Capital Management
Massachusetts
$59.1M -$14.2M -94,267 -14%
Goldman Sachs
12
Goldman Sachs
New York
$54.8M +$40.9M +272,388 +101%
JP Morgan Chase
13
JP Morgan Chase
New York
$54.4M -$23.4M -155,556 -22%
State Street
14
State Street
Massachusetts
$53.4M -$2.5M -16,663 -3%
Jennison Associates
15
Jennison Associates
New York
$46.3M +$56M +372,239 +431%
Citadel Advisors
16
Citadel Advisors
Florida
$44M +$31.1M +206,687 +90%
Two Sigma Advisers
17
Two Sigma Advisers
New York
$39M +$17.9M +119,400 +45%
Morgan Stanley
18
Morgan Stanley
New York
$37.8M +$10.2M +68,153 +22%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$37.3M +$573K +3,810 +1%
Janus Henderson Group
20
Janus Henderson Group
United Kingdom
$34.5M +$2.69M +17,865 +6%
Two Sigma Investments
21
Two Sigma Investments
New York
$34.5M +$39.3M +261,776 +329%
FAM
22
Fred Alger Management
New York
$32.4M +$24.8M +165,154 +106%
Norges Bank
23
Norges Bank
Norway
$31M +$5.6M +37,272 +14%
TCM
24
TimesSquare Capital Management
New York
$30.3M -$5.26M -34,981 -10%
Renaissance Technologies
25
Renaissance Technologies
New York
$29M +$31.6M +210,200 +273%

OLED Hedge Fund Activity: Q1 2018 in Review

334 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Universal Display (OLED) for Q1 2018, worth a combined $3.14B — down 39% from $5.16B a quarter earlier.

Sellers outnumbered buyers: 108 funds closed out of OLED and 82 opened new positions — a net loss of 26 holders — while 97 trimmed existing stakes and 124 added.

The largest buyer was UBS AM, adding an estimated $74.8M. The largest seller was Columbus Circle Investors, exiting entirely with an estimated $120M sold.

  • 334 institutional investors held Universal Display (OLED) as of Q1 2018, down from 362 in Q4 2017.
  • Funds reported $3.14B of Universal Display stock for Q1 2018, down 39% quarter-over-quarter.
  • 82 funds opened new Universal Display positions in Q1 2018 and 108 closed out, a net change of -26 holders.
  • The largest Universal Display buyer in Q1 2018 was UBS AM, an estimated $74.8M added.
  • The largest Universal Display seller in Q1 2018 was Columbus Circle Investors, an estimated $120M sold.

Based on aggregated 13F filings for Q1 2018.