UTStarcom
UTSI
40 hedge funds and large institutions have $13.6B invested in UTStarcom in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 2 closing their positions.
37,984% more capital invested
Capital invested by funds: $35.6M → $13.6B (+$13.5B)
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
11% more funds holding
Funds holding: 36 → 40 (+4)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $15K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$1.56M |
| 2 |
JP Morgan Chase
New York
|
+$436K |
| 3 |
DSC
Donald Smith & Co
New York
|
+$181K |
| 4 |
Two Sigma Advisers
New York
|
+$122K |
| 5 |
Two Sigma Investments
New York
|
+$109K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$597K |
| 2 |
D.E. Shaw & Co
New York
|
-$146K |
| 3 |
Renaissance Technologies
New York
|
-$71.2K |
| 4 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$63.3K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$59.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCM
26
Touradji Capital Management
Boca Raton,
Florida
| $28K | – | – | – |
|
|
27
Morgan Stanley
New York
| $19K | -$597K | -54,855 | -97% |
|
28
Bank of America
Charlotte,
North Carolina
| $16K | +$44 | +4 | +0.3% |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| $11K | – | – | – |
|
|
AIG
30
American International Group
New York
| $9.29K | – | – | – |
|
|
NFA
31
Nationwide Fund Advisors
Columbus,
Ohio
| $5K | – | – | – |
|
32
Barclays
London,
United Kingdom
| $5K | +$7.33K | +674 | New |
|
|
DADC
33
D.A. Davidson & Co
Great Falls,
Montana
| $2K | +$2.45K | +225 | New |
|
|
LTFS
34
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | -$87 | -8 | -12% |
|
35
Ameriprise
Minneapolis,
Minnesota
| $1K | – | – | – |
|
36
Lazard Asset Management
New York
| $1K | – | – | – |
|
37
Wells Fargo
San Francisco,
California
| $1K | – | – | – |
|
38
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$48.4K | -4,450 | -100% |
|
|
VKH
39
Virtu KCG Holdings
New York
| – | -$33K | -2,970 | Closed |
|
|
PPA
40
Parametric Portfolio Associates
Seattle,
Washington
| – | -$32K | -2,907 | Closed |
|
UTSI Hedge Fund Activity: Q4 2013 in Review
40 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in UTStarcom (UTSI) for Q4 2013, worth a combined $13.6B — up 37,984% from $35.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new UTSI positions and 2 closed out — a net gain of 4 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Royce & Associates, adding an estimated $1.56M. The largest seller was Morgan Stanley, cutting an estimated $597K.
- 40 institutional investors held UTStarcom (UTSI) as of Q4 2013, up from 36 in Q3 2013.
- Funds reported $13.6B of UTStarcom stock for Q4 2013, up 37,984% quarter-over-quarter.
- 6 funds opened new UTStarcom positions in Q4 2013 and 2 closed out, a net change of +4 holders.
- The largest UTStarcom buyer in Q4 2013 was Royce & Associates, an estimated $1.56M added.
- The largest UTStarcom seller in Q4 2013 was Morgan Stanley, an estimated $597K sold.
Based on aggregated 13F filings for Q4 2013.