OneMain Financial
331 hedge funds and large institutions have $3.86B invested in OneMain Financial in 2023 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 120 increasing their positions, 109 reducing their positions, and 21 closing their positions.
129% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 21
10% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 109
8% more funds holding
Funds holding: 307 → 331 (+24)
0.4% less ownership
Funds ownership: 80.46% → 80.05% (-0.4%)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
9% less capital invested
Capital invested by funds: $4.24B → $3.86B (-$373M)
34% less call options, than puts
Call options by funds: $48.7M | Put options by funds: $73.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VM
Varde Management
Minneapolis,
Minnesota
|
+$28M |
| 2 |
Goldman Sachs
New York
|
+$20.2M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$13.4M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$12.8M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$31.1M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$30.9M |
| 3 |
Janus Henderson Group
London,
|
-$23.6M |
| 4 |
CM
Cercano Management
Bellevue,
Washington
|
-$19.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.8M |
OMF Hedge Fund Activity: Q3 2023 in Review
331 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in OneMain Financial (OMF) for Q3 2023, worth a combined $3.86B — down 8.8% from $4.24B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new OMF positions and 21 closed out — a net gain of 27 holders — while 120 added to existing stakes and 109 trimmed.
The largest buyer was Varde Management, adding an estimated $28M. The largest seller was Millennium Management, cutting an estimated $31.1M.
- 331 institutional investors held OneMain Financial (OMF) as of Q3 2023, up from 307 in Q2 2023.
- Funds reported $3.86B of OneMain Financial stock for Q3 2023, down 8.8% quarter-over-quarter.
- 48 funds opened new OneMain Financial positions in Q3 2023 and 21 closed out, a net change of +27 holders.
- The largest OneMain Financial buyer in Q3 2023 was Varde Management, an estimated $28M added.
- The largest OneMain Financial seller in Q3 2023 was Millennium Management, an estimated $31.1M sold.
Based on aggregated 13F filings for Q3 2023.