Orion
OEC
125 hedge funds and large institutions have $1.06B invested in Orion in 2019 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 50 reducing their positions, and 38 closing their positions.
35% more call options, than puts
Call options by funds: $3.81M | Put options by funds: $2.81M
0.1% less ownership
Funds ownership: 93.44% → 93.34% (-0.1%)
10% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 50
13% less funds holding
Funds holding: 143 → 125 (-18)
24% less capital invested
Capital invested by funds: $1.41B → $1.06B (-$345M)
47% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 38
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$27M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$20.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$14.1M |
| 4 |
Morgan Stanley
New York
|
+$9.06M |
| 5 |
Renaissance Technologies
New York
|
+$8.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$19.6M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$15M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$9.15M |
| 4 |
Lazard Asset Management
New York
|
-$8.38M |
| 5 |
Two Sigma Investments
New York
|
-$6.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RQS
151
Ramsey Quantitative Systems
Louisville,
Kentucky
| – | -$217K | -8,797 | Closed |
|
|
PP
152
Prudential plc
London, England,
United Kingdom
| – | -$213K | -8,440 | Closed |
|
153
Marshall Wace
London,
United Kingdom
| – | -$81K | -3,194 | Closed |
|
|
OSAM
154
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$62K | -2,440 | Closed |
|
155
Simplex Trading
Chicago,
Illinois
| – | -$53.3K | -2,123 | Closed |
|
|
DAM
156
Delta Asset Management
Memphis,
Tennessee
| – | -$25K | -1,000 | Closed |
|
157
ClearBridge Investments
New York
| – | -$10K | -382 | Closed |
|
|
PWMG
158
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$2K | -94 | Closed |
|
|
WAM
159
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$2K | -80 | Closed |
|
160
Parallax Volatility Advisers
San Francisco,
California
| – | -$2K | -72 | Closed |
|
|
FRA
161
Front Row Advisors
Tiburon,
California
| – | -$980 | -39 | Closed |
|
OEC Hedge Fund Activity: Q1 2019 in Review
125 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Orion (OEC) for Q1 2019, worth a combined $1.06B — down 24% from $1.41B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of OEC and 20 opened new positions — a net loss of 18 holders — while 50 trimmed existing stakes and 45 added.
The largest buyer was Victory Capital Management, adding an estimated $27M. The largest seller was Cardinal Capital Management LLC (Connecticut), cutting an estimated $19.6M.
- 125 institutional investors held Orion (OEC) as of Q1 2019, down from 143 in Q4 2018.
- Funds reported $1.06B of Orion stock for Q1 2019, down 24% quarter-over-quarter.
- 20 funds opened new Orion positions in Q1 2019 and 38 closed out, a net change of -18 holders.
- The largest Orion buyer in Q1 2019 was Victory Capital Management, an estimated $27M added.
- The largest Orion seller in Q1 2019 was Cardinal Capital Management LLC (Connecticut), an estimated $19.6M sold.
Based on aggregated 13F filings for Q1 2019.