Utz Brands
199 hedge funds and large institutions have $1.37B invested in Utz Brands in 2024 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 79 increasing their positions, 64 reducing their positions, and 28 closing their positions.
88% more call options, than puts
Call options by funds: $6.87M | Put options by funds: $3.65M
23% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 64
11% more capital invested
Capital invested by funds: $1.23B → $1.37B (+$140M)
2.05% less ownership
Funds ownership: 93.16% → 91.12% (-2%)
2% less funds holding
Funds holding: 204 → 199 (-5)
11% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$40.4M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$29.4M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$17.5M |
| 4 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$13.6M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$87.2M |
| 2 |
JP Morgan Chase
New York
|
-$16.7M |
| 3 |
Goldman Sachs
New York
|
-$12.4M |
| 4 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$9.88M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$8.6M |
UTZ Hedge Fund Activity: Q1 2024 in Review
199 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Utz Brands (UTZ) for Q1 2024, worth a combined $1.37B — up 11% from $1.23B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of UTZ and 25 opened new positions — a net loss of 3 holders — while 64 trimmed existing stakes and 79 added.
The largest buyer was Millennium Management, adding an estimated $40.4M. The largest seller was Neuberger Berman Group, cutting an estimated $87.2M.
- 199 institutional investors held Utz Brands (UTZ) as of Q1 2024, down from 204 in Q4 2023.
- Funds reported $1.37B of Utz Brands stock for Q1 2024, up 11% quarter-over-quarter.
- 25 funds opened new Utz Brands positions in Q1 2024 and 28 closed out, a net change of -3 holders.
- The largest Utz Brands buyer in Q1 2024 was Millennium Management, an estimated $40.4M added.
- The largest Utz Brands seller in Q1 2024 was Neuberger Berman Group, an estimated $87.2M sold.
Based on aggregated 13F filings for Q1 2024.