UTStarcom
UTSI
24 hedge funds and large institutions have $25M invested in UTStarcom in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 5 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 26 → 24 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
33% less capital invested
Capital invested by funds: $37.5M → $25M (-$12.6M)
50% less call options, than puts
Call options by funds: $4K | Put options by funds: $8K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$200K |
| 2 |
Renaissance Technologies
New York
|
+$178K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$49.3K |
| 4 |
ARTA
A.R.T. Advisors
New York
|
+$26.2K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$10K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$3.62M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$610K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$177K |
| 4 |
SCM
Shah Capital Management
Raleigh,
North Carolina
|
-$121K |
| 5 |
DSC
Donald Smith & Co
New York
|
-$112K |
UTSI Hedge Fund Activity: Q2 2015 in Review
24 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in UTStarcom (UTSI) for Q2 2015, worth a combined $25M — down 33% from $37.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of UTSI and 4 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.
The largest buyer was Schneider Capital Management, adding an estimated $200K. The largest seller was Royce & Associates, exiting entirely with an estimated $3.62M sold.
- 24 institutional investors held UTStarcom (UTSI) as of Q2 2015, down from 26 in Q1 2015.
- Funds reported $25M of UTStarcom stock for Q2 2015, down 33% quarter-over-quarter.
- 4 funds opened new UTStarcom positions in Q2 2015 and 5 closed out, a net change of -1 holder.
- The largest UTStarcom buyer in Q2 2015 was Schneider Capital Management, an estimated $200K added.
- The largest UTStarcom seller in Q2 2015 was Royce & Associates, an estimated $3.62M sold.
Based on aggregated 13F filings for Q2 2015.