OneMain Financial
OMF
374 hedge funds and large institutions have $5B invested in OneMain Financial in 2024 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 151 increasing their positions, 104 reducing their positions, and 31 closing their positions.
116% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 31
45% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 104
8% more funds holding
Funds holding: 346 → 374 (+28)
2.81% more ownership
Funds ownership: 83.39% → 86.19% (+2.8%)
2% less capital invested
Capital invested by funds: $5.1B → $5B (-$96.3M)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
20% less call options, than puts
Call options by funds: $69.3M | Put options by funds: $86.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$106M |
| 2 |
BlackRock
New York
|
+$58.8M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$34.8M |
| 4 |
BWA
Brave Warrior Advisors
New York
|
+$29.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$58M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$53.4M |
| 3 |
Millennium Management
New York
|
-$28.8M |
| 4 |
PCM
Patient Capital Management
Baltimore,
Maryland
|
-$15.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.7M |
OMF Hedge Fund Activity: Q2 2024 in Review
374 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in OneMain Financial (OMF) for Q2 2024, worth a combined $5B — down 1.9% from $5.1B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new OMF positions and 31 closed out — a net gain of 36 holders — while 151 added to existing stakes and 104 trimmed.
The largest buyer was Fiduciary Management Inc, opening a new position worth an estimated $106M. The largest seller was State of Michigan Retirement System, exiting entirely with an estimated $58M sold.
- 374 institutional investors held OneMain Financial (OMF) as of Q2 2024, up from 346 in Q1 2024.
- Funds reported $5B of OneMain Financial stock for Q2 2024, down 1.9% quarter-over-quarter.
- 67 funds opened new OneMain Financial positions in Q2 2024 and 31 closed out, a net change of +36 holders.
- The largest OneMain Financial buyer in Q2 2024 was Fiduciary Management Inc, an estimated $106M added.
- The largest OneMain Financial seller in Q2 2024 was State of Michigan Retirement System, an estimated $58M sold.
Based on aggregated 13F filings for Q2 2024.