Orion
OEC
88 hedge funds and large institutions have $454M invested in Orion in 2017 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 34 increasing their positions, 19 reducing their positions, and 11 closing their positions.
191% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 11
79% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 19
43% more capital invested
Capital invested by funds: $317M → $454M (+$136M)
31% more funds holding
Funds holding: 67 → 88 (+21)
8.83% more ownership
Funds ownership: 28.33% → 37.16% (+8.8%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
+$21.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$14.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$11.5M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$10.2M |
| 5 |
LCM
Laurion Capital Management
New York
|
+$8.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lakewood Capital Management
New York
|
-$9.14M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$5.42M |
| 3 |
NC
Nokomis Capital
Dallas,
Texas
|
-$5.4M |
| 4 |
BCM
Brigade Capital Management
New York
|
-$4.63M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$4.28M |
OEC Hedge Fund Activity: Q1 2017 in Review
88 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Orion (OEC) for Q1 2017, worth a combined $454M — up 43% from $317M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new OEC positions and 11 closed out — a net gain of 21 holders — while 34 added to existing stakes and 19 trimmed.
The largest buyer was Zimmer Partners, opening a new position worth an estimated $21.1M. The largest seller was Lakewood Capital Management, cutting an estimated $9.14M.
- 88 institutional investors held Orion (OEC) as of Q1 2017, up from 67 in Q4 2016.
- Funds reported $454M of Orion stock for Q1 2017, up 43% quarter-over-quarter.
- 32 funds opened new Orion positions in Q1 2017 and 11 closed out, a net change of +21 holders.
- The largest Orion buyer in Q1 2017 was Zimmer Partners, an estimated $21.1M added.
- The largest Orion seller in Q1 2017 was Lakewood Capital Management, an estimated $9.14M sold.
Based on aggregated 13F filings for Q1 2017.