Universal Electronics
UEIC
130 hedge funds and large institutions have $359M invested in Universal Electronics in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 42 increasing their positions, 34 reducing their positions, and 20 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 34
2% less funds holding
Funds holding: 132 → 130 (-2)
5.77% less ownership
Funds ownership: 108.65% → 102.87% (-5.8%)
10% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 20
39% less capital invested
Capital invested by funds: $591M → $359M (-$232M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.63M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.38M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$2.08M |
| 4 |
BlackRock
New York
|
+$1.53M |
| 5 |
Two Sigma Investments
New York
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$14.2M |
| 2 |
EC
Engaged Capital
Newport Beach,
California
|
-$7.55M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.48M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5.41M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.46M |
UEIC Hedge Fund Activity: Q4 2018 in Review
130 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Universal Electronics (UEIC) for Q4 2018, worth a combined $359M — down 39% from $591M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of UEIC and 18 opened new positions — a net loss of 2 holders — while 34 trimmed existing stakes and 42 added.
The largest buyer was Millennium Management, adding an estimated $2.63M. The largest seller was William Blair Investment Management, cutting an estimated $14.2M.
- 130 institutional investors held Universal Electronics (UEIC) as of Q4 2018, down from 132 in Q3 2018.
- Funds reported $359M of Universal Electronics stock for Q4 2018, down 39% quarter-over-quarter.
- 18 funds opened new Universal Electronics positions in Q4 2018 and 20 closed out, a net change of -2 holders.
- The largest Universal Electronics buyer in Q4 2018 was Millennium Management, an estimated $2.63M added.
- The largest Universal Electronics seller in Q4 2018 was William Blair Investment Management, an estimated $14.2M sold.
Based on aggregated 13F filings for Q4 2018.