Utz Brands
84 hedge funds and large institutions have $747M invested in Utz Brands in 2020 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 21 increasing their positions, 10 reducing their positions, and 39 closing their positions.
110% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 10
101% more call options, than puts
Call options by funds: $19.2M | Put options by funds: $9.54M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
66% more capital invested
Capital invested by funds: $449M → $747M (+$298M)
31% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 39
17% more funds holding
Funds holding: 72 → 84 (+12)
4.13% less ownership
Funds ownership: 74.44% → 70.31% (-4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$83.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$48M |
| 3 |
ECM
Engle Capital Management
Greenwich,
Connecticut
|
+$31.9M |
| 4 |
Neuberger Berman Group
New York
|
+$28.4M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$23.3M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$16.4M |
| 3 |
KC
Kepos Capital
New York
|
-$12.9M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$12.3M |
| 5 |
GL
Governors Lane
New York
|
-$12.3M |
UTZ Hedge Fund Activity: Q3 2020 in Review
84 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Utz Brands (UTZ) for Q3 2020, worth a combined $747M — up 66% from $449M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new UTZ positions and 39 closed out — a net gain of 12 holders — while 21 added to existing stakes and 10 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $83.1M. The largest seller was Millennium Management, cutting an estimated $23.3M.
- 84 institutional investors held Utz Brands (UTZ) as of Q3 2020, up from 72 in Q2 2020.
- Funds reported $747M of Utz Brands stock for Q3 2020, up 66% quarter-over-quarter.
- 51 funds opened new Utz Brands positions in Q3 2020 and 39 closed out, a net change of +12 holders.
- The largest Utz Brands buyer in Q3 2020 was T. Rowe Price Associates, an estimated $83.1M added.
- The largest Utz Brands seller in Q3 2020 was Millennium Management, an estimated $23.3M sold.
Based on aggregated 13F filings for Q3 2020.