UTStarcom
UTSI
27 hedge funds and large institutions have $18.6M invested in UTStarcom in 2016 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 6 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
13% more capital invested
Capital invested by funds: $16.5M → $18.6M (+$2.17M)
6.26% more ownership
Funds ownership: 0% → 6.26% (+6.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less funds holding
Funds holding: 33 → 27 (-6)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shah Capital Management
Raleigh,
North Carolina
|
+$2.69M |
| 2 |
Goldman Sachs
New York
|
+$91.5K |
| 3 |
Renaissance Technologies
New York
|
+$61.4K |
| 4 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$48.8K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$31.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
-$104K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$60.5K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$35K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$24K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$12.4K |
UTSI Hedge Fund Activity: Q4 2016 in Review
27 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in UTStarcom (UTSI) for Q4 2016, worth a combined $18.6M — up 13% from $16.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of UTSI and 1 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 9 added.
The largest buyer was Shah Capital Management, adding an estimated $2.69M. The largest seller was Creative Planning, exiting entirely with an estimated $104K sold.
- 27 institutional investors held UTStarcom (UTSI) as of Q4 2016, down from 33 in Q3 2016.
- Funds reported $18.6M of UTStarcom stock for Q4 2016, up 13% quarter-over-quarter.
- 1 fund opened new UTStarcom positions in Q4 2016 and 6 closed out, a net change of -5 holders.
- The largest UTStarcom buyer in Q4 2016 was Shah Capital Management, an estimated $2.69M added.
- The largest UTStarcom seller in Q4 2016 was Creative Planning, an estimated $104K sold.
Based on aggregated 13F filings for Q4 2016.