Orion
OEC
98 hedge funds and large institutions have $726M invested in Orion in 2017 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 40 increasing their positions, 23 reducing their positions, and 11 closing their positions.
145% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 11
74% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 23
65% more capital invested
Capital invested by funds: $441M → $726M (+$286M)
20% more funds holding
Funds holding: 82 → 98 (+16)
17.31% more ownership
Funds ownership: 37.26% → 54.56% (+17%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$120M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$13.9M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$13.8M |
| 4 |
Renaissance Technologies
New York
|
+$11.4M |
| 5 |
CI
Cambiar Investors
Denver,
Colorado
|
+$11.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lakewood Capital Management
New York
|
-$11.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.3M |
| 3 |
BCM
Brigade Capital Management
New York
|
-$9.48M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$5.04M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Acadian Asset Management
Boston,
Massachusetts
| – | -$2.87M | -143,579 | Closed |
|
|
PCM
102
Portolan Capital Management
Boston,
Massachusetts
| – | -$2.71M | -135,903 | Closed |
|
|
NC
103
Nokomis Capital
Dallas,
Texas
| – | -$2.56M | -128,080 | Closed |
|
104
BlackRock
New York
| – | -$1.26M | -63,243 | Closed |
|
105
D.E. Shaw & Co
New York
| – | -$1.14M | -57,027 | Closed |
|
|
SIM
106
Spark Investment Management
New York
| – | -$1.09M | -54,500 | Closed |
|
|
CSS
107
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$296K | -14,823 | Closed |
|
|
SI
108
Sensato Investors
San Francisco,
California
| – | -$295K | -14,800 | Closed |
|
|
CMBA
109
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$85K | -4,245 | Closed |
|
OEC Hedge Fund Activity: Q3 2017 in Review
98 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Orion (OEC) for Q3 2017, worth a combined $726M — up 65% from $441M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new OEC positions and 11 closed out — a net gain of 16 holders — while 40 added to existing stakes and 23 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $120M. The largest seller was Lakewood Capital Management, cutting an estimated $11.4M.
- 98 institutional investors held Orion (OEC) as of Q3 2017, up from 82 in Q2 2017.
- Funds reported $726M of Orion stock for Q3 2017, up 65% quarter-over-quarter.
- 27 funds opened new Orion positions in Q3 2017 and 11 closed out, a net change of +16 holders.
- The largest Orion buyer in Q3 2017 was Wellington Management Group, an estimated $120M added.
- The largest Orion seller in Q3 2017 was Lakewood Capital Management, an estimated $11.4M sold.
Based on aggregated 13F filings for Q3 2017.