Ultralife
ULBI
35 hedge funds and large institutions have $29M invested in Ultralife in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 18 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
9% more funds holding
Funds holding: 32 → 35 (+3)
2.75% less ownership
Funds ownership: 37.89% → 35.15% (-2.7%)
35% less capital invested
Capital invested by funds: $44.4M → $29M (-$15.4M)
67% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teton Advisors
Rye,
New York
|
+$238K |
| 2 |
VWA
Visionary Wealth Advisors
O'fallon,
Illinois
|
+$137K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$97.7K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$72.5K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$55.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$1.87M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$482K |
| 3 |
Renaissance Technologies
New York
|
-$386K |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$260K |
| 5 |
Franklin Resources
San Mateo,
California
|
-$162K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Victory Capital Management
San Antonio,
Texas
| $28K | +$35.7K | +5,224 | New |
|
|
OAM
27
Oppenheimer Asset Management
New York
| $16K | -$595 | -87 | -3% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $15K | +$19.8K | +2,888 | New |
|
29
Citigroup
New York
| $7K | +$9.05K | +1,324 | New |
|
30
Morgan Stanley
New York
| $4K | -$14.2K | -2,069 | -71% |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $3K | -$1.86K | -272 | -34% |
|
32
UBS Group
Zurich,
Switzerland
| $3K | -$1.74K | -255 | -31% |
|
|
CAL
33
Capital Advisors Ltd
Shaker Heights,
Ohio
| $3K | – | – | – |
|
|
APA
34
American Portfolios Advisors
Holbrook,
New York
| $1.3K | – | – | – |
|
|
WCM
35
Wealthcare Capital Management
Richmond,
Virginia
| $1K | – | – | – |
|
36
State Street
Boston,
Massachusetts
| – | -$99K | -13,350 | Closed |
|
|
BGIM
37
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$56K | -7,367 | Closed |
|
38
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$10K | -1,386 | Closed |
|
ULBI Hedge Fund Activity: Q1 2020 in Review
35 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Ultralife (ULBI) for Q1 2020, worth a combined $29M — down 35% from $44.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ULBI positions and 3 closed out — a net gain of 3 holders — while 6 added to existing stakes and 18 trimmed.
The largest buyer was Teton Advisors, adding an estimated $238K. The largest seller was Russell Investments Group, cutting an estimated $1.87M.
- 35 institutional investors held Ultralife (ULBI) as of Q1 2020, up from 32 in Q4 2019.
- Funds reported $29M of Ultralife stock for Q1 2020, down 35% quarter-over-quarter.
- 6 funds opened new Ultralife positions in Q1 2020 and 3 closed out, a net change of +3 holders.
- The largest Ultralife buyer in Q1 2020 was Teton Advisors, an estimated $238K added.
- The largest Ultralife seller in Q1 2020 was Russell Investments Group, an estimated $1.87M sold.
Based on aggregated 13F filings for Q1 2020.