UTStarcom
UTSI
12 hedge funds and large institutions have $404K invested in UTStarcom in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
0.18% less ownership
Funds ownership: 1.88% → 1.7% (-0.18%)
8% less funds holding
Funds holding: 13 → 12 (-1)
31% less capital invested
Capital invested by funds: $585K → $404K (-$181K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.94K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$360 |
| 3 |
Morgan Stanley
New York
|
+$32 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$48.6K |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$943 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Renaissance Technologies
New York
| $355K | -$48.6K | -16,897 | -11% |
|
2
Geode Capital Management
Boston,
Massachusetts
| $34.1K | – | – | – |
|
3
RhumbLine Advisers
Boston,
Massachusetts
| $12.8K | – | – | – |
|
|
4
UBS Group
Zurich,
Switzerland
| $1.76K | +$1.94K | +675 | +16,875% |
|
|
5
Wells Fargo
San Francisco,
California
| $325 | +$360 | +125 | New |
|
|
WTC
6
WhitTier Trust Company
Reno,
Nevada
| $214 | – | – | – |
|
|
7
Morgan Stanley
New York
| $75 | +$32 | +11 | +61% |
|
|
GCM
8
Gables Capital Management
Miami,
Florida
| $65 | – | – | – |
|
|
GRP
9
Global Retirement Partners
San Rafael,
California
| $42 | – | – | – |
|
|
VAMG
10
Voisard Asset Management Group
Grand Rapids,
Michigan
| $13 | – | – | – |
|
|
HNB
11
Huntington National Bank
Columbus,
Ohio
| $2 | – | – | – |
|
|
ASN
12
Advisory Services Network
Atlanta,
Georgia
| – | -$943 | -274 | Closed |
|
UTSI Hedge Fund Activity: Q1 2024 in Review
12 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in UTStarcom (UTSI) for Q1 2024, worth a combined $404K — down 31% from $585K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of UTSI and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was UBS Group, adding an estimated $1.94K. The largest seller was Renaissance Technologies, cutting an estimated $48.6K.
- 12 institutional investors held UTStarcom (UTSI) as of Q1 2024, down from 13 in Q4 2023.
- Funds reported $404K of UTStarcom stock for Q1 2024, down 31% quarter-over-quarter.
- 1 fund opened new UTStarcom positions in Q1 2024 and 2 closed out, a net change of -1 holder.
- The largest UTStarcom buyer in Q1 2024 was UBS Group, an estimated $1.94K added.
- The largest UTStarcom seller in Q1 2024 was Renaissance Technologies, an estimated $48.6K sold.
Based on aggregated 13F filings for Q1 2024.