Ultra Clean Holdings
UCTT
153 hedge funds and large institutions have $305M invested in Ultra Clean Holdings in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 64 increasing their positions, 42 reducing their positions, and 36 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 42
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8.58% more ownership
Funds ownership: 83.73% → 92.31% (+8.6%)
8% less funds holding
Funds holding: 166 → 153 (-13)
25% less capital invested
Capital invested by funds: $409M → $305M (-$104M)
31% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 36
83% less call options, than puts
Call options by funds: $1.3M | Put options by funds: $7.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$14.9M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$10.6M |
| 3 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
+$7.76M |
| 4 |
Renaissance Technologies
New York
|
+$3.14M |
| 5 |
LSC
Lyon Street Capital
Sausalito,
California
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KHCM
Kettle Hill Capital Management
New York
|
-$12.1M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$3.03M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.53M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.5M |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$1.5M |
UCTT Hedge Fund Activity: Q4 2018 in Review
153 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Ultra Clean Holdings (UCTT) for Q4 2018, worth a combined $305M — down 25% from $409M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of UCTT and 25 opened new positions — a net loss of 11 holders — while 42 trimmed existing stakes and 64 added.
The largest buyer was Divisar Capital Management, adding an estimated $14.9M. The largest seller was Kettle Hill Capital Management, exiting entirely with an estimated $12.1M sold.
- 153 institutional investors held Ultra Clean Holdings (UCTT) as of Q4 2018, down from 166 in Q3 2018.
- Funds reported $305M of Ultra Clean Holdings stock for Q4 2018, down 25% quarter-over-quarter.
- 25 funds opened new Ultra Clean Holdings positions in Q4 2018 and 36 closed out, a net change of -11 holders.
- The largest Ultra Clean Holdings buyer in Q4 2018 was Divisar Capital Management, an estimated $14.9M added.
- The largest Ultra Clean Holdings seller in Q4 2018 was Kettle Hill Capital Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q4 2018.