UTStarcom
UTSI
33 hedge funds and large institutions have $16.5M invested in UTStarcom in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
14% more funds holding
Funds holding: 29 → 33 (+4)
13% more capital invested
Capital invested by funds: $14.5M → $16.5M (+$1.92M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shah Capital Management
Raleigh,
North Carolina
|
+$491K |
| 2 |
Renaissance Technologies
New York
|
+$209K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$61.7K |
| 4 |
SIM
Spark Investment Management
New York
|
+$31.8K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$29K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$55.5K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$34.7K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$22.1K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$16.8K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$13.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| – | +$32 | +4 | New |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | +$207 | +26 | New |
|
UTSI Hedge Fund Activity: Q3 2016 in Review
33 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in UTStarcom (UTSI) for Q3 2016, worth a combined $16.5M — up 13% from $14.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new UTSI positions and 1 closed out — a net gain of 4 holders — while 6 added to existing stakes and 8 trimmed.
The largest buyer was Shah Capital Management, adding an estimated $491K. The largest seller was Wells Fargo, cutting an estimated $55.5K.
- 33 institutional investors held UTStarcom (UTSI) as of Q3 2016, up from 29 in Q2 2016.
- Funds reported $16.5M of UTStarcom stock for Q3 2016, up 13% quarter-over-quarter.
- 5 funds opened new UTStarcom positions in Q3 2016 and 1 closed out, a net change of +4 holders.
- The largest UTStarcom buyer in Q3 2016 was Shah Capital Management, an estimated $491K added.
- The largest UTStarcom seller in Q3 2016 was Wells Fargo, an estimated $55.5K sold.
Based on aggregated 13F filings for Q3 2016.