Orion
OEC
136 hedge funds and large institutions have $559M invested in Orion in 2020 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 59 increasing their positions, 42 reducing their positions, and 35 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 42
40% more capital invested
Capital invested by funds: $400M → $559M (+$159M)
1.79% less ownership
Funds ownership: 89.1% → 87.31% (-1.8%)
6% less funds holding
Funds holding: 144 → 136 (-8)
17% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 35
70% less call options, than puts
Call options by funds: $39K | Put options by funds: $130K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$14.8M |
| 2 |
Pzena Investment Management
New York
|
+$12.2M |
| 3 |
MPMG
Minneapolis Portfolio Management Group
Wayzata,
Minnesota
|
+$6.25M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.82M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$5.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$17.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$16.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.96M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$7.6M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
-$7.35M |
OEC Hedge Fund Activity: Q2 2020 in Review
136 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Orion (OEC) for Q2 2020, worth a combined $559M — up 40% from $400M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of OEC and 29 opened new positions — a net loss of 6 holders — while 42 trimmed existing stakes and 59 added.
The largest buyer was AllianceBernstein, adding an estimated $14.8M. The largest seller was First Pacific Advisors, cutting an estimated $17.2M.
- 136 institutional investors held Orion (OEC) as of Q2 2020, down from 144 in Q1 2020.
- Funds reported $559M of Orion stock for Q2 2020, up 40% quarter-over-quarter.
- 29 funds opened new Orion positions in Q2 2020 and 35 closed out, a net change of -6 holders.
- The largest Orion buyer in Q2 2020 was AllianceBernstein, an estimated $14.8M added.
- The largest Orion seller in Q2 2020 was First Pacific Advisors, an estimated $17.2M sold.
Based on aggregated 13F filings for Q2 2020.