Universal American Corp
UAM
UAM was delisted on the 27th of April, 2017.
97 hedge funds and large institutions have $432M invested in Universal American Corp in 2016 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 21 increasing their positions, 37 reducing their positions, and 6 closing their positions.
450% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 6
53% more call options, than puts
Call options by funds: $203K | Put options by funds: $133K
35% more funds holding
Funds holding: 72 → 97 (+25)
14% more capital invested
Capital invested by funds: $380M → $432M (+$52.1M)
43% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 37
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
+$12.4M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
+$7.68M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
+$6.94M |
| 4 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$4.82M |
| 5 |
GLAM
Gardner Lewis Asset Management
Chadds Ford,
Pennsylvania
|
+$4.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCMI
Foresite Capital Management II
Larkspur,
California
|
-$21.6M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$12.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$11.3M |
| 4 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$8.78M |
| 5 |
Morgan Stanley
New York
|
-$8.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCIA
101
Campbell & Co Investment Adviser
Baltimore,
Maryland
| – | -$90K | -11,740 | Closed |
|
102
Principal Financial Group
Des Moines,
Iowa
| – | -$81K | -10,526 | Closed |
|
103
Creative Planning
Overland Park,
Kansas
| – | +$220 | +25 | New |
|
UAM Hedge Fund Activity: Q4 2016 in Review
97 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Universal American Corp (UAM) for Q4 2016, worth a combined $432M — up 14% from $380M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new UAM positions and 6 closed out — a net gain of 27 holders — while 21 added to existing stakes and 37 trimmed.
The largest buyer was TIG Advisors LLC, opening a new position worth an estimated $12.4M. The largest seller was Foresite Capital Management II, exiting entirely with an estimated $21.6M sold.
- 97 institutional investors held Universal American Corp (UAM) as of Q4 2016, up from 72 in Q3 2016.
- Funds reported $432M of Universal American Corp stock for Q4 2016, up 14% quarter-over-quarter.
- 33 funds opened new Universal American Corp positions in Q4 2016 and 6 closed out, a net change of +27 holders.
- The largest Universal American Corp buyer in Q4 2016 was TIG Advisors LLC, an estimated $12.4M added.
- The largest Universal American Corp seller in Q4 2016 was Foresite Capital Management II, an estimated $21.6M sold.
Based on aggregated 13F filings for Q4 2016.