UTStarcom
UTSI
32 hedge funds and large institutions have $45.6M invested in UTStarcom in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 5 closing their positions.
26% more capital invested
Capital invested by funds: $36.2M → $45.6M (+$9.39M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 35 → 32 (-3)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $33K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shah Capital Management
Raleigh,
North Carolina
|
+$756K |
| 2 |
RA
Royce & Associates
New York
|
+$217K |
| 3 |
Renaissance Technologies
New York
|
+$81K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$32.8K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$4.77K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
-$848K |
| 2 |
JP Morgan Chase
New York
|
-$436K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$223K |
| 4 |
Two Sigma Advisers
New York
|
-$93K |
| 5 |
SG Americas Securities
New York
|
-$79K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Ameriprise
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
DADC
27
D.A. Davidson & Co
Great Falls,
Montana
| $1K | – | – | – |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $1K | +$786 | +70 | +1,400% |
|
|
30
JP Morgan Chase
New York
| – | -$436K | -40,108 | Closed |
|
|
31
Two Sigma Advisers
New York
| – | -$93K | -8,550 | Closed |
|
|
32
SG Americas Securities
New York
| – | -$79K | -7,275 | Closed |
|
33
Two Sigma Investments
New York
| – | -$61K | -5,575 | Closed |
|
34
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$16.7K | -1,492 | -98% |
|
35
Lazard Asset Management
New York
| – | -$1K | -117 | Closed |
|
UTSI Hedge Fund Activity: Q2 2014 in Review
32 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in UTStarcom (UTSI) for Q2 2014, worth a combined $45.6M — up 26% from $36.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of UTSI and 2 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Shah Capital Management, adding an estimated $756K. The largest seller was Donald Smith & Co, cutting an estimated $848K.
- 32 institutional investors held UTStarcom (UTSI) as of Q2 2014, down from 35 in Q1 2014.
- Funds reported $45.6M of UTStarcom stock for Q2 2014, up 26% quarter-over-quarter.
- 2 funds opened new UTStarcom positions in Q2 2014 and 5 closed out, a net change of -3 holders.
- The largest UTStarcom buyer in Q2 2014 was Shah Capital Management, an estimated $756K added.
- The largest UTStarcom seller in Q2 2014 was Donald Smith & Co, an estimated $848K sold.
Based on aggregated 13F filings for Q2 2014.