OneMain Financial
234 hedge funds and large institutions have $2.8B invested in OneMain Financial in 2020 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 87 increasing their positions, 86 reducing their positions, and 56 closing their positions.
28% more capital invested
Capital invested by funds: $2.18B → $2.8B (+$618M)
1.21% more ownership
Funds ownership: 83.63% → 84.84% (+1.2%)
1% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 86
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
7% less funds holding
Funds holding: 251 → 234 (-17)
25% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 56
57% less call options, than puts
Call options by funds: $19.4M | Put options by funds: $45.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$23.2M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$19.6M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$16.5M |
| 4 |
ClearBridge Investments
New York
|
+$13.8M |
| 5 |
BCM
Brigade Capital Management
New York
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.6M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$28.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$15.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$10.8M |
| 5 |
Barclays
London,
United Kingdom
|
-$7.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OR
276
Olympiad Research
Stamford,
Connecticut
| – | -$239K | -12,491 | Closed |
|
|
LI
277
Leap Investments
Chicago,
Illinois
| – | -$216K | -11,300 | Closed |
|
|
HS
278
Haafor (Singapore)
Singapore
| – | -$194K | -10,171 | Closed |
|
|
QCM
279
Quantinno Capital Management
New York
| – | -$194K | -10,139 | Closed |
|
|
PRC
280
Pearl River Capital
Niles,
Michigan
| – | -$160K | -8,354 | Closed |
|
281
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$122K | -6,374 | Closed |
|
|
QT
282
Quantbot Technologies
New York
| – | -$57K | -2,984 | Closed |
|
|
NFG
283
Next Financial Group
Houston,
Texas
| – | -$10K | -507 | Closed |
|
|
ST
284
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$7K | -390 | Closed |
|
|
PCM
285
Prelude Capital Management
New York
| – | -$5K | -258 | Closed |
|
|
IA
286
IFP Advisors
Tampa,
Florida
| – | -$2K | -88 | Closed |
|
|
OSAM
287
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$478 | -21 | -58% |
|
OMF Hedge Fund Activity: Q2 2020 in Review
234 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in OneMain Financial (OMF) for Q2 2020, worth a combined $2.8B — up 28% from $2.18B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of OMF and 42 opened new positions — a net loss of 14 holders — while 86 trimmed existing stakes and 87 added.
The largest buyer was Nuveen, adding an estimated $23.2M. The largest seller was Fidelity Investments, cutting an estimated $39.6M.
- 234 institutional investors held OneMain Financial (OMF) as of Q2 2020, down from 251 in Q1 2020.
- Funds reported $2.8B of OneMain Financial stock for Q2 2020, up 28% quarter-over-quarter.
- 42 funds opened new OneMain Financial positions in Q2 2020 and 56 closed out, a net change of -14 holders.
- The largest OneMain Financial buyer in Q2 2020 was Nuveen, an estimated $23.2M added.
- The largest OneMain Financial seller in Q2 2020 was Fidelity Investments, an estimated $39.6M sold.
Based on aggregated 13F filings for Q2 2020.