Utz Brands
190 hedge funds and large institutions have $943M invested in Utz Brands in 2023 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 84 increasing their positions, 48 reducing their positions, and 23 closing their positions.
153% more call options, than puts
Call options by funds: $1.73M | Put options by funds: $684K
75% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 48
17% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 23
2.95% more ownership
Funds ownership: 83.53% → 86.48% (+3%)
2% more funds holding
Funds holding: 187 → 190 (+3)
15% less capital invested
Capital invested by funds: $1.11B → $943M (-$166M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
+$12.8M |
| 2 |
Millennium Management
New York
|
+$10.2M |
| 3 |
GC
Gratus Capital
Atlanta,
Georgia
|
+$7.42M |
| 4 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$5.6M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Engle Capital Management
Greenwich,
Connecticut
|
-$11.5M |
| 2 |
Lazard Asset Management
New York
|
-$5.41M |
| 3 |
Rockefeller Capital Management
New York
|
-$5.12M |
| 4 |
Goldman Sachs
New York
|
-$5.08M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2.77M |
UTZ Hedge Fund Activity: Q3 2023 in Review
190 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Utz Brands (UTZ) for Q3 2023, worth a combined $943M — down 15% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new UTZ positions and 23 closed out — a net gain of 4 holders — while 84 added to existing stakes and 48 trimmed.
The largest buyer was DF Dent & Co, adding an estimated $12.8M. The largest seller was Engle Capital Management, exiting entirely with an estimated $11.5M sold.
- 190 institutional investors held Utz Brands (UTZ) as of Q3 2023, up from 187 in Q2 2023.
- Funds reported $943M of Utz Brands stock for Q3 2023, down 15% quarter-over-quarter.
- 27 funds opened new Utz Brands positions in Q3 2023 and 23 closed out, a net change of +4 holders.
- The largest Utz Brands buyer in Q3 2023 was DF Dent & Co, an estimated $12.8M added.
- The largest Utz Brands seller in Q3 2023 was Engle Capital Management, an estimated $11.5M sold.
Based on aggregated 13F filings for Q3 2023.