OneMain Financial
251 hedge funds and large institutions have $2.18B invested in OneMain Financial in 2020 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 108 increasing their positions, 75 reducing their positions, and 67 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 75
2.12% less ownership
Funds ownership: 85.75% → 83.63% (-2.1%)
10% less funds holding
Funds holding: 278 → 251 (-27)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
36% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 67
41% less call options, than puts
Call options by funds: $5.68M | Put options by funds: $9.57M
56% less capital invested
Capital invested by funds: $4.92B → $2.18B (-$2.74B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$35.6M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$20.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.6M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$18.5M |
| 5 |
ClearBridge Investments
New York
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$31.2M |
| 2 |
GH
Grosvenor Holdings
Chicago,
Illinois
|
-$25.6M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$22.1M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$21.9M |
| 5 |
Renaissance Technologies
New York
|
-$20.2M |
OMF Hedge Fund Activity: Q1 2020 in Review
251 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in OneMain Financial (OMF) for Q1 2020, worth a combined $2.18B — down 56% from $4.92B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of OMF and 43 opened new positions — a net loss of 24 holders — while 75 trimmed existing stakes and 108 added.
The largest buyer was Adage Capital Partners, adding an estimated $35.6M. The largest seller was Bank of New York Mellon, cutting an estimated $31.2M.
- 251 institutional investors held OneMain Financial (OMF) as of Q1 2020, down from 278 in Q4 2019.
- Funds reported $2.18B of OneMain Financial stock for Q1 2020, down 56% quarter-over-quarter.
- 43 funds opened new OneMain Financial positions in Q1 2020 and 67 closed out, a net change of -24 holders.
- The largest OneMain Financial buyer in Q1 2020 was Adage Capital Partners, an estimated $35.6M added.
- The largest OneMain Financial seller in Q1 2020 was Bank of New York Mellon, an estimated $31.2M sold.
Based on aggregated 13F filings for Q1 2020.