UTStarcom
UTSI
29 hedge funds and large institutions have $14.5M invested in UTStarcom in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
12% more capital invested
Capital invested by funds: $12.9M → $14.5M (+$1.59M)
12% more funds holding
Funds holding: 26 → 29 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shah Capital Management
Raleigh,
North Carolina
|
+$616K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$177K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$144K |
| 4 |
Renaissance Technologies
New York
|
+$125K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$46.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$37K |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$36K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$26.3K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$22K |
| 5 |
Goldman Sachs
New York
|
-$19K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
26
Virtu KCG Holdings
New York
| – | -$22K | -2,925 | Closed |
|
|
27
Goldman Sachs
New York
| – | -$19K | -2,604 | Closed |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$18.3K | -2,327 | -99% |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$5K | -654 | Closed |
|
30
Barclays
London,
United Kingdom
| – | -$79 | -10 | -71% |
|
|
AG
31
Advisor Group
Phoenix,
Arizona
| – | +$39 | +5 | New |
|
32
Morgan Stanley
New York
| – | +$47 | +6 | New |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| – | +$259 | +33 | New |
|
UTSI Hedge Fund Activity: Q2 2016 in Review
29 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in UTStarcom (UTSI) for Q2 2016, worth a combined $14.5M — up 12% from $12.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new UTSI positions and 6 closed out — a net gain of 3 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Shah Capital Management, adding an estimated $616K. The largest seller was Jane Street, exiting entirely with an estimated $37K sold.
- 29 institutional investors held UTStarcom (UTSI) as of Q2 2016, up from 26 in Q1 2016.
- Funds reported $14.5M of UTStarcom stock for Q2 2016, up 12% quarter-over-quarter.
- 9 funds opened new UTStarcom positions in Q2 2016 and 6 closed out, a net change of +3 holders.
- The largest UTStarcom buyer in Q2 2016 was Shah Capital Management, an estimated $616K added.
- The largest UTStarcom seller in Q2 2016 was Jane Street, an estimated $37K sold.
Based on aggregated 13F filings for Q2 2016.