O-I Glass
275 hedge funds and large institutions have $2.48B invested in O-I Glass in 2019 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 102 increasing their positions, 99 reducing their positions, and 57 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 99
2.4% less ownership
Funds ownership: 95.09% → 92.68% (-2.4%)
10% less capital invested
Capital invested by funds: $2.77B → $2.48B (-$287M)
11% less funds holding
Funds holding: 308 → 275 (-33)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
49% less call options, than puts
Call options by funds: $4.72M | Put options by funds: $9.24M
51% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$16.2M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$16M |
| 3 |
AIM
Atlantic Investment Management
New York
|
+$14.3M |
| 4 |
BlackRock
New York
|
+$10.7M |
| 5 |
Millennium Management
New York
|
+$9.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$28.9M |
| 2 |
TSAM
Trinity Street Asset Management
London,
United Kingdom
|
-$23.9M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$13.1M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$12.7M |
| 5 |
OCM
Olstein Capital Management
Purchase,
New York
|
-$7.36M |
OI Hedge Fund Activity: Q2 2019 in Review
275 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in O-I Glass (OI) for Q2 2019, worth a combined $2.48B — down 10% from $2.77B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of OI and 28 opened new positions — a net loss of 29 holders — while 99 trimmed existing stakes and 102 added.
The largest buyer was Russell Investments Group, adding an estimated $16.2M. The largest seller was Contrarius Investment Management, exiting entirely with an estimated $28.9M sold.
- 275 institutional investors held O-I Glass (OI) as of Q2 2019, down from 308 in Q1 2019.
- Funds reported $2.48B of O-I Glass stock for Q2 2019, down 10% quarter-over-quarter.
- 28 funds opened new O-I Glass positions in Q2 2019 and 57 closed out, a net change of -29 holders.
- The largest O-I Glass buyer in Q2 2019 was Russell Investments Group, an estimated $16.2M added.
- The largest O-I Glass seller in Q2 2019 was Contrarius Investment Management, an estimated $28.9M sold.
Based on aggregated 13F filings for Q2 2019.