Universal Electronics
UEIC
128 hedge funds and large institutions have $514M invested in Universal Electronics in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 40 reducing their positions, and 23 closing their positions.
3.56% more ownership
Funds ownership: 106.41% → 109.97% (+3.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 40
6% less funds holding
Funds holding: 136 → 128 (-8)
34% less capital invested
Capital invested by funds: $778M → $514M (-$264M)
35% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 23
53% less call options, than puts
Call options by funds: $265K | Put options by funds: $564K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Engaged Capital
Newport Beach,
California
|
+$9.45M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$9.24M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$6.07M |
| 4 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$5.95M |
| 5 |
LAM
Lapides Asset Management
Greenwich,
Connecticut
|
+$5.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$9.86M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.66M |
| 3 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$6.31M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$4.97M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.51M |
UEIC Hedge Fund Activity: Q2 2018 in Review
128 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Universal Electronics (UEIC) for Q2 2018, worth a combined $514M — down 34% from $778M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of UEIC and 15 opened new positions — a net loss of 8 holders — while 40 trimmed existing stakes and 38 added.
The largest buyer was Engaged Capital, opening a new position worth an estimated $9.45M. The largest seller was Granite Investment Partners, cutting an estimated $9.86M.
- 128 institutional investors held Universal Electronics (UEIC) as of Q2 2018, down from 136 in Q1 2018.
- Funds reported $514M of Universal Electronics stock for Q2 2018, down 34% quarter-over-quarter.
- 15 funds opened new Universal Electronics positions in Q2 2018 and 23 closed out, a net change of -8 holders.
- The largest Universal Electronics buyer in Q2 2018 was Engaged Capital, an estimated $9.45M added.
- The largest Universal Electronics seller in Q2 2018 was Granite Investment Partners, an estimated $9.86M sold.
Based on aggregated 13F filings for Q2 2018.