Onity Group
ONIT
278 hedge funds and large institutions have $4.59B invested in Onity Group in 2014 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 107 increasing their positions, 91 reducing their positions, and 87 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 91
0.4% more ownership
Funds ownership: 5.37% → 5.77% (+0.4%)
12% less funds holding
Funds holding: 315 → 278 (-37)
27% less capital invested
Capital invested by funds: $6.31B → $4.59B (-$1.72B)
30% less funds holding in top 10
Funds holding in top 10: 27 → 19 (-8)
30% less call options, than puts
Call options by funds: $150M | Put options by funds: $214M
39% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
+$125M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$122M |
| 3 |
BC
Brahman Capital
New York
|
+$104M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$94.7M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
+$71.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IIS
Ignis Investment Services
Edinburgh,
United Kingdom
|
-$252M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$217M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$141M |
| 4 |
Neuberger Berman Group
New York
|
-$138M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$93.9M |
ONIT Hedge Fund Activity: Q1 2014 in Review
278 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Onity Group (ONIT) for Q1 2014, worth a combined $4.59B — down 27% from $6.31B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of ONIT and 53 opened new positions — a net loss of 34 holders — while 91 trimmed existing stakes and 107 added.
The largest buyer was Luxor Capital Group, opening a new position worth an estimated $125M. The largest seller was Ignis Investment Services, exiting entirely with an estimated $252M sold.
- 278 institutional investors held Onity Group (ONIT) as of Q1 2014, down from 315 in Q4 2013.
- Funds reported $4.59B of Onity Group stock for Q1 2014, down 27% quarter-over-quarter.
- 53 funds opened new Onity Group positions in Q1 2014 and 87 closed out, a net change of -34 holders.
- The largest Onity Group buyer in Q1 2014 was Luxor Capital Group, an estimated $125M added.
- The largest Onity Group seller in Q1 2014 was Ignis Investment Services, an estimated $252M sold.
Based on aggregated 13F filings for Q1 2014.