Universal Display
OLED
342 hedge funds and large institutions have $4.35B invested in Universal Display in 2018 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 104 increasing their positions, 97 reducing their positions, and 37 closing their positions.
95% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 37
67% more capital inflows, than outflows
Capital inflows: $738M | Capital outflows: $442M
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
11% more funds holding
Funds holding: 308 → 342 (+34)
4.92% more ownership
Funds ownership: 73.41% → 78.34% (+4.9%)
7% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 97
22% less call options, than puts
Call options by funds: $251M | Put options by funds: $321M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$134M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$68M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$58.7M |
| 4 |
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
+$43.1M |
| 5 |
Griffin Asset Management
New York
|
+$30.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$52.8M |
| 2 |
Epoch Investment Partners
New York
|
-$40.9M |
| 3 |
Millennium Management
New York
|
-$34.4M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$27.3M |
| 5 |
TimesSquare Capital Management
New York
|
-$24.5M |
OLED Hedge Fund Activity: Q3 2018 in Review
342 of the 4,392 institutional investors tracked by Wall St. Rank reported a position in Universal Display (OLED) for Q3 2018, worth a combined $4.35B — up 46% from $2.97B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new OLED positions and 37 closed out — a net gain of 35 holders — while 104 added to existing stakes and 97 trimmed.
The largest buyer was Primecap Management, adding an estimated $134M. The largest seller was Goldman Sachs, cutting an estimated $52.8M.
- 342 institutional investors held Universal Display (OLED) as of Q3 2018, up from 308 in Q2 2018.
- Funds reported $4.35B of Universal Display stock for Q3 2018, up 46% quarter-over-quarter.
- 72 funds opened new Universal Display positions in Q3 2018 and 37 closed out, a net change of +35 holders.
- The largest Universal Display buyer in Q3 2018 was Primecap Management, an estimated $134M added.
- The largest Universal Display seller in Q3 2018 was Goldman Sachs, an estimated $52.8M sold.
Based on aggregated 13F filings for Q3 2018.