Utz Brands
50 hedge funds and large institutions have $316M invested in Utz Brands in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 9 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
15% more capital invested
Capital invested by funds: $275M → $316M (+$41.3M)
9.93% more ownership
Funds ownership: 60.38% → 70.31% (+9.9%)
4% more funds holding
Funds holding: 48 → 50 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$15.5M |
| 2 |
Millennium Management
New York
|
+$14.8M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$10.6M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$9.44M |
| 5 |
Barclays
London,
United Kingdom
|
+$8.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
HBK Investments
Dallas,
Texas
|
-$12.3M |
| 2 |
LCM
LH Capital Markets
New York
|
-$10.3M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$7.2M |
| 4 |
FIG
Fortress Investment Group
New York
|
-$6.39M |
| 5 |
SRCM
Sage Rock Capital Management
New York
|
-$5.53M |
UTZ Hedge Fund Activity: Q1 2020 in Review
50 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Utz Brands (UTZ) for Q1 2020, worth a combined $316M — up 15% from $275M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new UTZ positions and 9 closed out — a net gain of 2 holders — while 15 added to existing stakes and 10 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $15.5M. The largest seller was HBK Investments, exiting entirely with an estimated $12.3M sold.
- 50 institutional investors held Utz Brands (UTZ) as of Q1 2020, up from 48 in Q4 2019.
- Funds reported $316M of Utz Brands stock for Q1 2020, up 15% quarter-over-quarter.
- 11 funds opened new Utz Brands positions in Q1 2020 and 9 closed out, a net change of +2 holders.
- The largest Utz Brands buyer in Q1 2020 was Glazer Capital LLC, an estimated $15.5M added.
- The largest Utz Brands seller in Q1 2020 was HBK Investments, an estimated $12.3M sold.
Based on aggregated 13F filings for Q1 2020.