Orion
OEC
191 hedge funds and large institutions have $550M invested in Orion in 2025 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 78 increasing their positions, 58 reducing their positions, and 31 closing their positions.
2,027% more call options, than puts
Call options by funds: $13M | Put options by funds: $610K
34% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 58
0.94% more ownership
Funds ownership: 92.29% → 93.23% (+0.94%)
4% less funds holding
Funds holding: 199 → 191 (-8)
16% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 31
19% less capital invested
Capital invested by funds: $676M → $550M (-$126M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$14.1M |
| 2 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$7.36M |
| 3 |
Millennium Management
New York
|
+$6.48M |
| 4 |
MVP
Medina Value Partners
Los Angeles,
California
|
+$4.05M |
| 5 |
HP
Harvey Partners
Tarrytown,
New York
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$32.3M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$13.8M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$5.16M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$4.12M |
| 5 |
RC
Roubaix Capital
Denver,
Colorado
|
-$3.95M |
OEC Hedge Fund Activity: Q2 2025 in Review
191 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Orion (OEC) for Q2 2025, worth a combined $550M — down 19% from $676M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of OEC and 26 opened new positions — a net loss of 5 holders — while 58 trimmed existing stakes and 78 added.
The largest buyer was Pzena Investment Management, adding an estimated $14.1M. The largest seller was William Blair Investment Management, cutting an estimated $32.3M.
- 191 institutional investors held Orion (OEC) as of Q2 2025, down from 199 in Q1 2025.
- Funds reported $550M of Orion stock for Q2 2025, down 19% quarter-over-quarter.
- 26 funds opened new Orion positions in Q2 2025 and 31 closed out, a net change of -5 holders.
- The largest Orion buyer in Q2 2025 was Pzena Investment Management, an estimated $14.1M added.
- The largest Orion seller in Q2 2025 was William Blair Investment Management, an estimated $32.3M sold.
Based on aggregated 13F filings for Q2 2025.