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196 hedge funds and large institutions have $1.27B invested in Orion in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 76 increasing their positions, 60 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,260% more call options, than puts

Call options by funds: $9.02M | Put options by funds: $663K

27% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 60

25% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 24

2% more funds holding

Funds holding: 192196 (+4)

2.88% less ownership

Funds ownership: 96.36%93.48% (-2.9%)

9% less funds holding in top 10

Funds holding in top 10: 1110 (-1)

18% less capital invested

Capital invested by funds: $1.55B → $1.27B (-$277M)

Holders
196
Holders Change
+4
Holders Change %
+2.08%
% of All Funds
2.82%
Holding in Top 10
10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-9.09%
% of All Funds
0.14%
New
30
Increased
76
Reduced
60
Closed
24
Calls
$9.02M
Puts
$663K
Net Calls
+$8.36M
Net Calls Change
+$2.89M
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
26
Harspring Capital Management
New York
$13.3M
Northern Trust
27
Northern Trust
Illinois
$12.3M -$174K -7,511 -1%
CCPM
28
Cooper Creek Partners Management
New York
$11.9M +$11.7M +504,911 New
Boston Partners
29
Boston Partners
Massachusetts
$11.8M -$171K -7,409 -1%
WLC
30
Walnut Level Capital
Colorado
$11.5M +$3.84M +166,306 +52%
TAM
31
Tocqueville Asset Management
New York
$11.1M -$3.63M -156,840 -25%
First Manhattan
32
First Manhattan
New York
$9.73M -$104K -4,485 -1%
JCA
33
Jade Capital Advisors
New Jersey
$9.48M +$1.73M +75,000 +23%
Jacobs Levy Equity Management
34
Jacobs Levy Equity Management
New Jersey
$9.4M -$25.2K -1,090 -0.3%
HA
35
Heartland Advisors
Wisconsin
$9.33M +$55.5K +2,400 +0.6%
PCM
36
Peregrine Capital Management
Minnesota
$9.26M +$1.82M +78,925 +25%
Man Group
37
Man Group
United Kingdom
$9.12M +$252K +10,911 +3%
2L
38
22NW LP
Washington
$7.97M -$9.19M -397,704 -54%
KCM
39
Kennedy Capital Management
Missouri
$7.89M -$758K -32,793 -9%
FPA
40
First Pacific Advisors
California
$7.49M
MOACM
41
Mutual of America Capital Management
New York
$6.37M +$3.05M +131,902 +95%
D.E. Shaw & Co
42
D.E. Shaw & Co
New York
$5.99M -$181K -7,824 -3%
State of Wisconsin Investment Board
43
State of Wisconsin Investment Board
Wisconsin
$5.85M -$698K -30,192 -11%
Goldman Sachs
44
Goldman Sachs
New York
$5.23M -$1.1M -47,785 -18%
MIM
45
Meros Investment Management
Texas
$5.1M +$1.51M +65,463 +43%
Royal Bank of Canada
46
Royal Bank of Canada
Ontario, Canada
$5.08M +$34.1K +1,475 +0.7%
AllianceBernstein
47
AllianceBernstein
Tennessee
$5M -$173K -7,500 -3%
Qube Research & Technologies (QRT)
48
Qube Research & Technologies (QRT)
United Kingdom
$4.8M +$3.24M +140,229 +220%
Ameriprise
49
Ameriprise
Minnesota
$4.72M -$118K -5,111 -2%
GKIM
50
GW&K Investment Management
Massachusetts
$4.69M -$168K -7,260 -4%

OEC Hedge Fund Activity: Q1 2024 in Review

196 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Orion (OEC) for Q1 2024, worth a combined $1.27B — down 18% from $1.55B a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new OEC positions and 24 closed out — a net gain of 6 holders — while 76 added to existing stakes and 60 trimmed.

The largest buyer was Millennium Management, adding an estimated $16.3M. The largest seller was Morgan Stanley, cutting an estimated $41.8M.

  • 196 institutional investors held Orion (OEC) as of Q1 2024, up from 192 in Q4 2023.
  • Funds reported $1.27B of Orion stock for Q1 2024, down 18% quarter-over-quarter.
  • 30 funds opened new Orion positions in Q1 2024 and 24 closed out, a net change of +6 holders.
  • The largest Orion buyer in Q1 2024 was Millennium Management, an estimated $16.3M added.
  • The largest Orion seller in Q1 2024 was Morgan Stanley, an estimated $41.8M sold.

Based on aggregated 13F filings for Q1 2024.