UTStarcom
UTSI
35 hedge funds and large institutions have $36.2M invested in UTStarcom in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 7 closing their positions.
13% less funds holding
Funds holding: 40 → 35 (-5)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
100% less capital invested
Capital invested by funds: $13.6B → $36.2M (-$13.5B)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $15K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Shah Capital Management
Raleigh,
North Carolina
|
+$8.21M |
| 2 |
RA
Royce & Associates
New York
|
+$547K |
| 3 |
Jane Street
New York
|
+$75.2K |
| 4 |
Renaissance Technologies
New York
|
+$30.7K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$15.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SoftBank Group
Tokyo,
Japan
|
-$13.5B |
| 2 |
D.E. Shaw & Co
New York
|
-$427K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$332K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$267K |
| 5 |
Two Sigma Investments
New York
|
-$127K |
UTSI Hedge Fund Activity: Q1 2014 in Review
35 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in UTStarcom (UTSI) for Q1 2014, worth a combined $36.2M — down 100% from $13.6B a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of UTSI and 2 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 6 added.
The largest buyer was Shah Capital Management, adding an estimated $8.21M. The largest seller was SoftBank Group, exiting entirely with an estimated $13.5B sold.
- 35 institutional investors held UTStarcom (UTSI) as of Q1 2014, down from 40 in Q4 2013.
- Funds reported $36.2M of UTStarcom stock for Q1 2014, down 100% quarter-over-quarter.
- 2 funds opened new UTStarcom positions in Q1 2014 and 7 closed out, a net change of -5 holders.
- The largest UTStarcom buyer in Q1 2014 was Shah Capital Management, an estimated $8.21M added.
- The largest UTStarcom seller in Q1 2014 was SoftBank Group, an estimated $13.5B sold.
Based on aggregated 13F filings for Q1 2014.