UNIT Corporation
UNT
UNT was delisted on the 22nd of May, 2020.
105 hedge funds and large institutions have $29.5M invested in UNIT Corporation in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 39 reducing their positions, and 48 closing their positions.
21% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 39
23% less funds holding
Funds holding: 136 → 105 (-31)
65% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 48
82% less call options, than puts
Call options by funds: $7K | Put options by funds: $38K
82% less capital invested
Capital invested by funds: $161M → $29.5M (-$132M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$3.89M |
| 2 |
Millennium Management
New York
|
+$2.93M |
| 3 |
Citigroup
New York
|
+$1.77M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$1.61M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$12.6M |
| 2 |
BlackRock
New York
|
-$6.99M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.87M |
| 4 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
-$1.7M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$1.48M |
UNT Hedge Fund Activity: Q4 2019 in Review
105 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in UNIT Corporation (UNT) for Q4 2019, worth a combined $29.5M — down 82% from $161M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of UNT and 17 opened new positions — a net loss of 31 holders — while 39 trimmed existing stakes and 31 added.
The largest buyer was Prescott Group Capital Management, adding an estimated $3.89M. The largest seller was Victory Capital Management, exiting entirely with an estimated $12.6M sold.
- 105 institutional investors held UNIT Corporation (UNT) as of Q4 2019, down from 136 in Q3 2019.
- Funds reported $29.5M of UNIT Corporation stock for Q4 2019, down 82% quarter-over-quarter.
- 17 funds opened new UNIT Corporation positions in Q4 2019 and 48 closed out, a net change of -31 holders.
- The largest UNIT Corporation buyer in Q4 2019 was Prescott Group Capital Management, an estimated $3.89M added.
- The largest UNIT Corporation seller in Q4 2019 was Victory Capital Management, an estimated $12.6M sold.
Based on aggregated 13F filings for Q4 2019.