UTStarcom
UTSI
25 hedge funds and large institutions have $22.6M invested in UTStarcom in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 4 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
25% more capital invested
Capital invested by funds: $18.1M → $22.6M (+$4.51M)
0.29% more ownership
Funds ownership: 6.19% → 6.48% (+0.29%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 26 → 25 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$407K |
| 2 |
Morgan Stanley
New York
|
+$155K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$153K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$129K |
| 5 |
SIM
Spark Investment Management
New York
|
+$56.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$29K |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$22K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$8.68K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1K |
UTSI Hedge Fund Activity: Q2 2017 in Review
25 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in UTStarcom (UTSI) for Q2 2017, worth a combined $22.6M — up 25% from $18.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of UTSI and 3 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 8 added.
The largest buyer was Renaissance Technologies, adding an estimated $407K. The largest seller was TFS Capital, exiting entirely with an estimated $29K sold.
- 25 institutional investors held UTStarcom (UTSI) as of Q2 2017, down from 26 in Q1 2017.
- Funds reported $22.6M of UTStarcom stock for Q2 2017, up 25% quarter-over-quarter.
- 3 funds opened new UTStarcom positions in Q2 2017 and 4 closed out, a net change of -1 holder.
- The largest UTStarcom buyer in Q2 2017 was Renaissance Technologies, an estimated $407K added.
- The largest UTStarcom seller in Q2 2017 was TFS Capital, an estimated $29K sold.
Based on aggregated 13F filings for Q2 2017.