UTStarcom
UTSI
35 hedge funds and large institutions have $46.1M invested in UTStarcom in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
9% more funds holding
Funds holding: 32 → 35 (+3)
1% more capital invested
Capital invested by funds: $45.6M → $46.1M (+$519K)
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 |
SCM
Shah Capital Management
Raleigh,
North Carolina
|
+$1.4M |
| 2 |
RA
Royce & Associates
New York
|
+$1.09M |
| 3 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$833K |
| 4 |
SPM
Symmetry Peak Management
Radnor,
Pennsylvania
|
+$641K |
| 5 |
Renaissance Technologies
New York
|
+$387K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$3.87M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
-$1.13M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$535K |
| 4 |
DSC
Donald Smith & Co
New York
|
-$81.7K |
| 5 |
Jane Street
New York
|
-$61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $1K | -$265 | -22 | -29% |
|
27
Ameriprise
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
DADC
28
D.A. Davidson & Co
Great Falls,
Montana
| $1K | – | – | – |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
PSI
30
Pinnacle Summer Investments
Fairfax,
Virginia
| $1K | – | – | – |
|
31
Wells Fargo
San Francisco,
California
| $1K | – | – | – |
|
32
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2 | +$1.66K | +138 | New |
|
|
33
Jane Street
New York
| – | -$61K | -5,180 | Closed |
|
|
WAM
34
Wolverine Asset Management
Chicago,
Illinois
| – | -$11K | -1,009 | Closed |
|
35
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$132 | -11 | -33% |
|
|
NFG
36
Next Financial Group
Houston,
Texas
| – | +$48 | +4 | New |
|
UTSI Hedge Fund Activity: Q3 2014 in Review
35 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in UTStarcom (UTSI) for Q3 2014, worth a combined $46.1M — up 1.1% from $45.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new UTSI positions and 2 closed out — a net gain of 3 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Shah Capital Management, adding an estimated $1.4M. The largest seller was Prescott Group Capital Management, cutting an estimated $3.87M.
- 35 institutional investors held UTStarcom (UTSI) as of Q3 2014, up from 32 in Q2 2014.
- Funds reported $46.1M of UTStarcom stock for Q3 2014, up 1.1% quarter-over-quarter.
- 5 funds opened new UTStarcom positions in Q3 2014 and 2 closed out, a net change of +3 holders.
- The largest UTStarcom buyer in Q3 2014 was Shah Capital Management, an estimated $1.4M added.
- The largest UTStarcom seller in Q3 2014 was Prescott Group Capital Management, an estimated $3.87M sold.
Based on aggregated 13F filings for Q3 2014.