OneMain Financial
308 hedge funds and large institutions have $4.24B invested in OneMain Financial in 2023 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 113 increasing their positions, 110 reducing their positions, and 58 closing their positions.
16% more capital invested
Capital invested by funds: $3.64B → $4.24B (+$595M)
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
3% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 110
0.93% less ownership
Funds ownership: 81.58% → 80.65% (-0.93%)
5% less funds holding
Funds holding: 325 → 308 (-17)
11% less call options, than puts
Call options by funds: $50.2M | Put options by funds: $56.7M
28% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Patient Capital Management
Baltimore,
Maryland
|
+$73.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$65M |
| 3 |
C
Certuity
North Palm Beach,
Florida
|
+$39M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$7.94M |
| 5 |
CM
Cercano Management
Bellevue,
Washington
|
+$6.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MVP
Miller Value Partners
Sarasota,
Florida
|
-$74.1M |
| 2 |
Rockefeller Capital Management
New York
|
-$32M |
| 3 |
Millennium Management
New York
|
-$18M |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$15.6M |
| 5 |
ClearBridge Investments
New York
|
-$15.5M |
OMF Hedge Fund Activity: Q2 2023 in Review
308 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in OneMain Financial (OMF) for Q2 2023, worth a combined $4.24B — up 16% from $3.64B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of OMF and 42 opened new positions — a net loss of 16 holders — while 110 trimmed existing stakes and 113 added.
The largest buyer was Patient Capital Management, adding an estimated $73.1M. The largest seller was Miller Value Partners, cutting an estimated $74.1M.
- 308 institutional investors held OneMain Financial (OMF) as of Q2 2023, down from 325 in Q1 2023.
- Funds reported $4.24B of OneMain Financial stock for Q2 2023, up 16% quarter-over-quarter.
- 42 funds opened new OneMain Financial positions in Q2 2023 and 58 closed out, a net change of -16 holders.
- The largest OneMain Financial buyer in Q2 2023 was Patient Capital Management, an estimated $73.1M added.
- The largest OneMain Financial seller in Q2 2023 was Miller Value Partners, an estimated $74.1M sold.
Based on aggregated 13F filings for Q2 2023.