Ultralife
ULBI
34 hedge funds and large institutions have $22.4M invested in Ultralife in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 7 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
23% more capital invested
Capital invested by funds: $18.2M → $22.4M (+$4.15M)
11% less funds holding
Funds holding: 38 → 34 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$888K |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$345K |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$285K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$55.2K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$42.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$748K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$75K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$65K |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$53K |
| 5 |
Renaissance Technologies
New York
|
-$44.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFA
26
Nationwide Fund Advisors
Columbus,
Ohio
| $14K | – | – | – |
|
|
BA
27
BlackRock Advisors
Wilmington,
Delaware
| $9K | – | – | – |
|
|
PSC
28
Prentiss Smith & Co
Brattleboro,
Vermont
| $3K | – | – | – |
|
|
CAL
29
Capital Advisors Ltd
Shaker Heights,
Ohio
| $2K | – | – | – |
|
30
Morgan Stanley
New York
| $2K | +$115 | +30 | +6% |
|
31
Acadian Asset Management
Boston,
Massachusetts
| $1K | – | – | – |
|
|
GC
32
Globeflex Capital
San Diego,
California
| $1K | – | – | – |
|
|
WCM
33
Wealthcare Capital Management
Richmond,
Virginia
| $1K | – | – | – |
|
|
KCM
34
Kennedy Capital Management
St Louis,
Missouri
| – | -$748K | -210,683 | Closed |
|
|
VKH
35
Virtu KCG Holdings
New York
| – | -$75K | -21,152 | Closed |
|
|
36
Jacobs Levy Equity Management
Florham Park,
New Jersey
| – | -$65K | -18,256 | Closed |
|
|
SKK
37
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$53K | -15,000 | Closed |
|
38
SG Americas Securities
New York
| – | -$38K | -10,719 | Closed |
|
|
TRCT
39
Tower Research Capital (TRC)
New York
| – | -$11K | -2,869 | -98% |
|
40
Wells Fargo
San Francisco,
California
| – | -$7K | -2,000 | Closed |
|
ULBI Hedge Fund Activity: Q1 2014 in Review
34 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Ultralife (ULBI) for Q1 2014, worth a combined $22.4M — up 23% from $18.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ULBI and 3 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was Wellington Management Group, adding an estimated $888K. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $748K sold.
- 34 institutional investors held Ultralife (ULBI) as of Q1 2014, down from 38 in Q4 2013.
- Funds reported $22.4M of Ultralife stock for Q1 2014, up 23% quarter-over-quarter.
- 3 funds opened new Ultralife positions in Q1 2014 and 7 closed out, a net change of -4 holders.
- The largest Ultralife buyer in Q1 2014 was Wellington Management Group, an estimated $888K added.
- The largest Ultralife seller in Q1 2014 was Kennedy Capital Management, an estimated $748K sold.
Based on aggregated 13F filings for Q1 2014.