UTStarcom
UTSI
17 hedge funds and large institutions have $34.5M invested in UTStarcom in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 2 closing their positions.
33% more capital invested
Capital invested by funds: $25.9M → $34.5M (+$8.61M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.09% less ownership
Funds ownership: 6.63% → 6.55% (-0.09%)
6% less funds holding
Funds holding: 18 → 17 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IRC
Investors Research Corp
Atlanta,
Georgia
|
+$5.1K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.78K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$282K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$127K |
| 3 |
Renaissance Technologies
New York
|
-$30.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$13.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
1
Shah Capital Management
Raleigh,
North Carolina
| $29.5M | – | – | – |
|
|
2
Renaissance Technologies
New York
| $4.24M | -$30.3K | -2,125 | -0.7% |
|
3
California Public Employees Retirement System
Sacramento,
California
| $241K | – | – | – |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $173K | -$127K | -8,903 | -43% |
|
5
Northern Trust
Chicago,
Illinois
| $84K | – | – | – |
|
6
Geode Capital Management
Boston,
Massachusetts
| $78K | – | – | – |
|
|
SCM
7
Schneider Capital Management
Berwyn,
Pennsylvania
| $64K | -$282K | -19,800 | -82% |
|
8
Axa
Paris,
France
| $56K | – | – | – |
|
|
ASN
9
Advisory Services Network
Atlanta,
Georgia
| $13K | – | – | – |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $11K | +$4.78K | +335 | +94% |
|
|
11
UBS Group
Zurich,
Switzerland
| $10K | -$13.5K | -945 | -57% |
|
|
IRC
12
Investors Research Corp
Atlanta,
Georgia
| $5K | +$5.1K | +358 | New |
|
|
LTFS
13
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
14
Morgan Stanley
New York
| $2K | – | – | – |
|
UTSI Hedge Fund Activity: Q1 2019 in Review
17 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in UTStarcom (UTSI) for Q1 2019, worth a combined $34.5M — up 33% from $25.9M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of UTSI and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 1 added.
The largest buyer was Investors Research Corp, opening a new position worth an estimated $5.1K. The largest seller was Schneider Capital Management, cutting an estimated $282K.
- 17 institutional investors held UTStarcom (UTSI) as of Q1 2019, down from 18 in Q4 2018.
- Funds reported $34.5M of UTStarcom stock for Q1 2019, up 33% quarter-over-quarter.
- 1 fund opened new UTStarcom positions in Q1 2019 and 2 closed out, a net change of -1 holder.
- The largest UTStarcom buyer in Q1 2019 was Investors Research Corp, an estimated $5.1K added.
- The largest UTStarcom seller in Q1 2019 was Schneider Capital Management, an estimated $282K sold.
Based on aggregated 13F filings for Q1 2019.