Universal American Corp
UAM
UAM was delisted on the 27th of April, 2017.
85 hedge funds and large institutions have $320M invested in Universal American Corp in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 32 increasing their positions, 29 reducing their positions, and 19 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 29
12% less capital invested
Capital invested by funds: $363M → $320M (-$43M)
12% less funds holding
Funds holding: 97 → 85 (-12)
55% less call options, than puts
Call options by funds: $90K | Put options by funds: $201K
63% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.7M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$12.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$6.15M |
| 4 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$2.29M |
| 5 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$4.43M |
| 2 |
TA
Teachers Advisors
New York
|
-$3.73M |
| 3 |
ICM
Ionic Capital Management
New York
|
-$3.26M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.7M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$1.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
COI
101
Connable Office Inc
Kalamazoo,
Michigan
| – | -$104K | -11,700 | Closed |
|
102
Schroder Investment Management Group
London,
United Kingdom
| – | -$99.6K | -11,200 | Closed |
|
|
OMCS
103
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$7K | -800 | Closed |
|
UAM Hedge Fund Activity: Q3 2013 in Review
85 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Universal American Corp (UAM) for Q3 2013, worth a combined $320M — down 12% from $363M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of UAM and 7 opened new positions — a net loss of 12 holders — while 29 trimmed existing stakes and 32 added.
The largest buyer was Fidelity Investments, adding an estimated $13.7M. The largest seller was Clough Capital Partners, cutting an estimated $4.43M.
- 85 institutional investors held Universal American Corp (UAM) as of Q3 2013, down from 97 in Q2 2013.
- Funds reported $320M of Universal American Corp stock for Q3 2013, down 12% quarter-over-quarter.
- 7 funds opened new Universal American Corp positions in Q3 2013 and 19 closed out, a net change of -12 holders.
- The largest Universal American Corp buyer in Q3 2013 was Fidelity Investments, an estimated $13.7M added.
- The largest Universal American Corp seller in Q3 2013 was Clough Capital Partners, an estimated $4.43M sold.
Based on aggregated 13F filings for Q3 2013.