OneMain Financial
143 hedge funds and large institutions have $3.06B invested in OneMain Financial in 2016 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 56 increasing their positions, 38 reducing their positions, and 29 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 38
38% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 29
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
13% more call options, than puts
Call options by funds: $9.14M | Put options by funds: $8.1M
7% more funds holding
Funds holding: 134 → 143 (+9)
0.08% less ownership
Funds ownership: 99.55% → 99.47% (-0.08%)
17% less capital invested
Capital invested by funds: $3.68B → $3.06B (-$619M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$64.5M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$13M |
| 3 |
YCMGA
York Capital Management Global Advisors
New York
|
+$10.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$9.31M |
| 5 |
Millennium Management
New York
|
+$8.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$57.6M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$17.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$11.4M |
| 5 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$10.2M |
OMF Hedge Fund Activity: Q2 2016 in Review
143 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in OneMain Financial (OMF) for Q2 2016, worth a combined $3.06B — down 17% from $3.68B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new OMF positions and 29 closed out — a net gain of 11 holders — while 56 added to existing stakes and 38 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $64.5M. The largest seller was Wellington Management Group, cutting an estimated $57.6M.
- 143 institutional investors held OneMain Financial (OMF) as of Q2 2016, up from 134 in Q1 2016.
- Funds reported $3.06B of OneMain Financial stock for Q2 2016, down 17% quarter-over-quarter.
- 40 funds opened new OneMain Financial positions in Q2 2016 and 29 closed out, a net change of +11 holders.
- The largest OneMain Financial buyer in Q2 2016 was AllianceBernstein, an estimated $64.5M added.
- The largest OneMain Financial seller in Q2 2016 was Wellington Management Group, an estimated $57.6M sold.
Based on aggregated 13F filings for Q2 2016.