UTStarcom
UTSI
36 hedge funds and large institutions have $35.6M invested in UTStarcom in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
6% more funds holding
Funds holding: 34 → 36 (+2)
3% more capital invested
Capital invested by funds: $34.5M → $35.6M (+$1.12M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$379K |
| 2 |
Morgan Stanley
New York
|
+$130K |
| 3 |
SG Americas Securities
New York
|
+$116K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$31.2K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$30.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$52.1K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$21.6K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$19.7K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$19K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$18.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $16K | -$6.11K | -568 | -29% |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $11K | – | – | – |
|
|
AIG
28
American International Group
New York
| $9.22K | – | – | – |
|
|
NFA
29
Nationwide Fund Advisors
Columbus,
Ohio
| $5K | – | – | – |
|
30
Ameriprise
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
32
Lazard Asset Management
New York
| $1K | – | – | – |
|
33
Wells Fargo
San Francisco,
California
| $1K | – | – | – |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$19K | -1,812 | Closed |
|
35
Group One Trading
Chicago,
Illinois
| – | -$10.1K | -943 | -96% |
|
36
Barclays
London,
United Kingdom
| – | -$3K | -304 | Closed |
|
|
PSI
37
Pinnacle Summer Investments
Fairfax,
Virginia
| – | +$451 | +42 | New |
|
UTSI Hedge Fund Activity: Q3 2013 in Review
36 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in UTStarcom (UTSI) for Q3 2013, worth a combined $35.6M — up 3.3% from $34.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new UTSI positions and 2 closed out — a net gain of 2 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Donald Smith & Co, adding an estimated $379K. The largest seller was Bridgeway Capital Management, cutting an estimated $52.1K.
- 36 institutional investors held UTStarcom (UTSI) as of Q3 2013, up from 34 in Q2 2013.
- Funds reported $35.6M of UTStarcom stock for Q3 2013, up 3.3% quarter-over-quarter.
- 4 funds opened new UTStarcom positions in Q3 2013 and 2 closed out, a net change of +2 holders.
- The largest UTStarcom buyer in Q3 2013 was Donald Smith & Co, an estimated $379K added.
- The largest UTStarcom seller in Q3 2013 was Bridgeway Capital Management, an estimated $52.1K sold.
Based on aggregated 13F filings for Q3 2013.