OneMain Financial
142 hedge funds and large institutions have $3.19B invested in OneMain Financial in 2017 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 50 increasing their positions, 37 reducing their positions, and 31 closing their positions.
87% more call options, than puts
Call options by funds: $21M | Put options by funds: $11.2M
35% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 37
10% more capital invested
Capital invested by funds: $2.88B → $3.19B (+$301M)
3% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 31
1.87% less ownership
Funds ownership: 96.66% → 94.79% (-1.9%)
4% less funds holding
Funds holding: 148 → 142 (-6)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$60.1M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$37.9M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$22.6M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$19.9M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$57.9M |
| 2 |
TAM
Toscafund Asset Management
London,
United Kingdom
|
-$41.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$37.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$13.7M |
OMF Hedge Fund Activity: Q1 2017 in Review
142 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in OneMain Financial (OMF) for Q1 2017, worth a combined $3.19B — up 10% from $2.88B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of OMF and 30 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 50 added.
The largest buyer was BlackRock, adding an estimated $60.1M. The largest seller was AllianceBernstein, cutting an estimated $57.9M.
- 142 institutional investors held OneMain Financial (OMF) as of Q1 2017, down from 148 in Q4 2016.
- Funds reported $3.19B of OneMain Financial stock for Q1 2017, up 10% quarter-over-quarter.
- 30 funds opened new OneMain Financial positions in Q1 2017 and 31 closed out, a net change of -1 holder.
- The largest OneMain Financial buyer in Q1 2017 was BlackRock, an estimated $60.1M added.
- The largest OneMain Financial seller in Q1 2017 was AllianceBernstein, an estimated $57.9M sold.
Based on aggregated 13F filings for Q1 2017.