O-I Glass
218 hedge funds and large institutions have $1.76B invested in O-I Glass in 2019 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 72 increasing their positions, 83 reducing their positions, and 70 closing their positions.
20% more capital invested
Capital invested by funds: $1.46B → $1.76B (+$294M)
2.99% more ownership
Funds ownership: 91.77% → 94.76% (+3%)
4% less call options, than puts
Call options by funds: $9.16M | Put options by funds: $9.49M
13% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 83
16% less funds holding
Funds holding: 258 → 218 (-40)
46% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 70
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$48.6M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$36.2M |
| 3 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$25.1M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$16.8M |
| 5 |
Goldman Sachs
New York
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$39M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$23.3M |
| 3 |
SL
Summitry LLC
Foster City,
California
|
-$20.5M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$11.4M |
| 5 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$9.24M |
OI Hedge Fund Activity: Q4 2019 in Review
218 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in O-I Glass (OI) for Q4 2019, worth a combined $1.76B — up 20% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of OI and 38 opened new positions — a net loss of 32 holders — while 83 trimmed existing stakes and 72 added.
The largest buyer was Abrams Capital Management, opening a new position worth an estimated $48.6M. The largest seller was Millennium Management, cutting an estimated $39M.
- 218 institutional investors held O-I Glass (OI) as of Q4 2019, down from 258 in Q3 2019.
- Funds reported $1.76B of O-I Glass stock for Q4 2019, up 20% quarter-over-quarter.
- 38 funds opened new O-I Glass positions in Q4 2019 and 70 closed out, a net change of -32 holders.
- The largest O-I Glass buyer in Q4 2019 was Abrams Capital Management, an estimated $48.6M added.
- The largest O-I Glass seller in Q4 2019 was Millennium Management, an estimated $39M sold.
Based on aggregated 13F filings for Q4 2019.