Orion
OEC
61 hedge funds and large institutions have $323M invested in Orion in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 9 closing their positions.
17% more capital invested
Capital invested by funds: $275M → $323M (+$47.5M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.16% less ownership
Funds ownership: 29.19% → 29.03% (-0.16%)
2% less funds holding
Funds holding: 62 → 61 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$20.8M |
| 2 |
Renaissance Technologies
New York
|
+$2.12M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.6M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.14M |
| 5 |
RA
Rovida Advisors
Fort Lauderdale,
Florida
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.9M |
| 2 |
BCM
Brigade Capital Management
New York
|
-$10.7M |
| 3 |
CC
Clearline Capital
New York
|
-$2.71M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.54M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.54M |
OEC Hedge Fund Activity: Q3 2016 in Review
61 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Orion (OEC) for Q3 2016, worth a combined $323M — up 17% from $275M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of OEC and 8 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 20 added.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $20.8M. The largest seller was Fidelity Investments, cutting an estimated $10.9M.
- 61 institutional investors held Orion (OEC) as of Q3 2016, down from 62 in Q2 2016.
- Funds reported $323M of Orion stock for Q3 2016, up 17% quarter-over-quarter.
- 8 funds opened new Orion positions in Q3 2016 and 9 closed out, a net change of -1 holder.
- The largest Orion buyer in Q3 2016 was T. Rowe Price Associates, an estimated $20.8M added.
- The largest Orion seller in Q3 2016 was Fidelity Investments, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2016.