Orion
OEC
195 hedge funds and large institutions have $1.4B invested in Orion in 2023 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 57 increasing their positions, 72 reducing their positions, and 14 closing their positions.
200% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 14
45% more capital invested
Capital invested by funds: $971M → $1.4B (+$433M)
41% more call options, than puts
Call options by funds: $22.4M | Put options by funds: $15.9M
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
15% more funds holding
Funds holding: 169 → 195 (+26)
1.81% less ownership
Funds ownership: 91.54% → 89.73% (-1.8%)
21% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$32.7M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$18.9M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$10.4M |
| 4 |
Millennium Management
New York
|
+$8.33M |
| 5 |
D.E. Shaw & Co
New York
|
+$7.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$45.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$28.5M |
| 3 |
Pzena Investment Management
New York
|
-$17.5M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$10.2M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$8.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KI
201
Kapitalo Investimentos
Sao Paulo,
Brazil
| – | -$87.3K | -4,900 | Closed |
|
202
Lazard Asset Management
New York
| – | -$85K | -4,799 | Closed |
|
|
PMEF
203
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$73.2K | -4,112 | Closed |
|
|
MLICM
204
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$65.9K | -3,702 | Closed |
|
205
Group One Trading
Chicago,
Illinois
| – | -$54.6K | -2,416 | Closed |
|
|
QL
206
Quarry LP
New York
| – | -$22.7K | -1,275 | Closed |
|
207
Rockefeller Capital Management
New York
| – | -$10K | -595 | Closed |
|
|
FA
208
Fiduciary Alliance
Greenville,
South Carolina
| – | -$9.33K | -524 | Closed |
|
|
HI
209
Harbour Investments
Madison,
Wisconsin
| – | -$1.53K | -86 | Closed |
|
OEC Hedge Fund Activity: Q1 2023 in Review
195 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Orion (OEC) for Q1 2023, worth a combined $1.4B — up 45% from $971M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new OEC positions and 14 closed out — a net gain of 28 holders — while 57 added to existing stakes and 72 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $32.7M. The largest seller was Hawk Ridge Capital Management, cutting an estimated $45.2M.
- 195 institutional investors held Orion (OEC) as of Q1 2023, up from 169 in Q4 2022.
- Funds reported $1.4B of Orion stock for Q1 2023, up 45% quarter-over-quarter.
- 42 funds opened new Orion positions in Q1 2023 and 14 closed out, a net change of +28 holders.
- The largest Orion buyer in Q1 2023 was Fidelity Investments, an estimated $32.7M added.
- The largest Orion seller in Q1 2023 was Hawk Ridge Capital Management, an estimated $45.2M sold.
Based on aggregated 13F filings for Q1 2023.