UNIT Corporation
UNT
UNT was delisted on the 22nd of May, 2020.
72 hedge funds and large institutions have $7.07M invested in UNIT Corporation in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 30 reducing their positions, and 40 closing their positions.
31% less funds holding
Funds holding: 105 → 72 (-33)
43% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 30
76% less capital invested
Capital invested by funds: $29.5M → $7.07M (-$22.5M)
78% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$439K |
| 2 |
Charles Schwab
San Francisco,
California
|
+$366K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$76.9K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$60K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$45.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$1.9M |
| 2 |
GACM
Global Alpha Capital Management
Montreal,
Quebec, Canada
|
-$1.64M |
| 3 |
Morgan Stanley
New York
|
-$793K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$726K |
| 5 |
Millennium Management
New York
|
-$584K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -6,953 | Closed |
|
102
Chevy Chase Trust
Bethesda,
Maryland
| – | -$1K | -916 | Closed |
|
103
US Bancorp
Minneapolis,
Minnesota
| – | -$70 | -184 | -8% |
|
|
OSAM
104
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$2 | -4 | -80% |
|
|
GSWM
105
Golden State Wealth Management
Santa Ana,
California
| – | +$38 | +100 | New |
|
UNT Hedge Fund Activity: Q1 2020 in Review
72 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in UNIT Corporation (UNT) for Q1 2020, worth a combined $7.07M — down 76% from $29.5M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of UNT and 9 opened new positions — a net loss of 31 holders — while 30 trimmed existing stakes and 17 added.
The largest buyer was Invesco, adding an estimated $439K. The largest seller was Prescott Group Capital Management, exiting entirely with an estimated $1.9M sold.
- 72 institutional investors held UNIT Corporation (UNT) as of Q1 2020, down from 105 in Q4 2019.
- Funds reported $7.07M of UNIT Corporation stock for Q1 2020, down 76% quarter-over-quarter.
- 9 funds opened new UNIT Corporation positions in Q1 2020 and 40 closed out, a net change of -31 holders.
- The largest UNIT Corporation buyer in Q1 2020 was Invesco, an estimated $439K added.
- The largest UNIT Corporation seller in Q1 2020 was Prescott Group Capital Management, an estimated $1.9M sold.
Based on aggregated 13F filings for Q1 2020.