OMNOVA Solutions Inc.
OMN
OMN was delisted on the 31st of March, 2020.
115 hedge funds and large institutions have $391M invested in OMNOVA Solutions Inc. in 2019 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 28 increasing their positions, 41 reducing their positions, and 37 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
56% more capital invested
Capital invested by funds: $250M → $391M (+$140M)
3.07% less ownership
Funds ownership: 89.59% → 86.52% (-3.1%)
9% less funds holding
Funds holding: 126 → 115 (-11)
24% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 37
32% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
+$19.8M |
| 2 |
VI
Versor Investments
New York
|
+$19.4M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$17.4M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$14.7M |
| 5 |
WIC
Water Island Capital
New York
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$33.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$28.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$23M |
| 4 |
RR
Robotti Robert
|
-$8.54M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$5.5M |
OMN Hedge Fund Activity: Q3 2019 in Review
115 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in OMNOVA Solutions Inc. (OMN) for Q3 2019, worth a combined $391M — up 56% from $250M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of OMN and 28 opened new positions — a net loss of 9 holders — while 41 trimmed existing stakes and 28 added.
The largest buyer was TFG Asset Management, opening a new position worth an estimated $19.8M. The largest seller was Bank of New York Mellon, cutting an estimated $33.5M.
- 115 institutional investors held OMNOVA Solutions Inc. (OMN) as of Q3 2019, down from 126 in Q2 2019.
- Funds reported $391M of OMNOVA Solutions Inc. stock for Q3 2019, up 56% quarter-over-quarter.
- 28 funds opened new OMNOVA Solutions Inc. positions in Q3 2019 and 37 closed out, a net change of -9 holders.
- The largest OMNOVA Solutions Inc. buyer in Q3 2019 was TFG Asset Management, an estimated $19.8M added.
- The largest OMNOVA Solutions Inc. seller in Q3 2019 was Bank of New York Mellon, an estimated $33.5M sold.
Based on aggregated 13F filings for Q3 2019.