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138 hedge funds and large institutions have $1.1B invested in Orion in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 46 increasing their positions, 55 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

727% more call options, than puts

Call options by funds: $3.34M | Put options by funds: $404K

38% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 13

17% more capital invested

Capital invested by funds: $935M → $1.1B (+$161M)

2% more funds holding

Funds holding: 135138 (+3)

1.83% more ownership

Funds ownership: 90.14%91.97% (+1.8%)

16% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 55

50% less funds holding in top 10

Funds holding in top 10: 63 (-3)

Holders
138
Holders Change
+3
Holders Change %
+2.22%
% of All Funds
2.42%
Holding in Top 10
3
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
18
Increased
46
Reduced
55
Closed
13
Calls
$3.34M
Puts
$404K
Net Calls
+$2.94M
Net Calls Change
+$1.97M
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
1
AllianceBernstein
Tennessee
$115M -$14M -774,812 -12%
BlackRock
2
BlackRock
New York
$85.1M +$4.87M +270,429 +7%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$82.8M +$10.7M +596,349 +17%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$68M -$4.68M -259,907 -7%
William Blair Investment Management
5
William Blair Investment Management
Illinois
$51.7M +$3.96M +220,052 +9%
Pzena Investment Management
6
Pzena Investment Management
New York
$49.3M +$10.6M +589,465 +31%
Renaissance Technologies
7
Renaissance Technologies
New York
$47M -$6.61M -367,005 -13%
ICOM
8
Investment Counselors of Maryland
Maryland
$43.5M +$2.56M +142,144 +7%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$40.2M -$2.07M -115,224 -5%
MPMG
10
Minneapolis Portfolio Management Group
Minnesota
$35.7M +$114K +6,343 +0.4%
Victory Capital Management
11
Victory Capital Management
Texas
$32.8M +$11.3M +627,451 +60%
Vanguard Group
12
Vanguard Group
Pennsylvania
$31M +$4.47M +248,218 +19%
IG
13
Inherent Group
New York
$23M +$878K +48,747 +4%
State Street
14
State Street
Massachusetts
$22.2M -$402K -22,335 -2%
2L
15
22NW LP
Washington
$19.7M +$2.56M +142,022 +17%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$18.9M +$2.04M +113,146 +13%
FPA
17
First Pacific Advisors
California
$18.6M -$2.77M -154,034 -14%
Ameriprise
18
Ameriprise
Minnesota
$18.2M -$2.94M -163,115 -15%
Norges Bank
19
Norges Bank
Norway
$16.7M -$1.06M -58,846 -7%
PCM
20
Peregrine Capital Management
Minnesota
$16.6M -$1.17M -65,066 -7%
Charles Schwab
21
Charles Schwab
California
$14.3M +$416K +23,121 +3%
Bank of Montreal
22
Bank of Montreal
Ontario, Canada
$13.9M -$363K -20,180 -3%
Northern Trust
23
Northern Trust
Illinois
$13.1M -$890K -49,438 -7%
HAM
24
Hillcrest Asset Management
Texas
$12.8M +$11.7M +647,703 New
First Manhattan
25
First Manhattan
New York
$9.38M +$1.68M +93,425 +24%

OEC Hedge Fund Activity: Q1 2021 in Review

138 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Orion (OEC) for Q1 2021, worth a combined $1.1B — up 17% from $935M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new OEC positions and 13 closed out — a net gain of 5 holders — while 46 added to existing stakes and 55 trimmed.

The largest buyer was Hillcrest Asset Management, opening a new position worth an estimated $11.7M. The largest seller was AllianceBernstein, cutting an estimated $14M.

  • 138 institutional investors held Orion (OEC) as of Q1 2021, up from 135 in Q4 2020.
  • Funds reported $1.1B of Orion stock for Q1 2021, up 17% quarter-over-quarter.
  • 18 funds opened new Orion positions in Q1 2021 and 13 closed out, a net change of +5 holders.
  • The largest Orion buyer in Q1 2021 was Hillcrest Asset Management, an estimated $11.7M added.
  • The largest Orion seller in Q1 2021 was AllianceBernstein, an estimated $14M sold.

Based on aggregated 13F filings for Q1 2021.