Onity Group
ONIT
315 hedge funds and large institutions have $6.31B invested in Onity Group in 2013 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 102 increasing their positions, 107 reducing their positions, and 48 closing their positions.
58% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 48
9% more funds holding
Funds holding: 288 → 315 (+27)
6% more capital invested
Capital invested by funds: $5.95B → $6.31B (+$362M)
4% more funds holding in top 10
Funds holding in top 10: 26 → 27 (+1)
0.13% more ownership
Funds ownership: 5.24% → 5.37% (+0.13%)
5% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 107
35% less call options, than puts
Call options by funds: $214M | Put options by funds: $330M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$173M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$155M |
| 3 |
BC
Brahman Capital
New York
|
+$78.5M |
| 4 |
SCM
SeaStone Capital Management
New York
|
+$39M |
| 5 |
QF
QVT Financial
New York
|
+$37.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$294M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$95.4M |
| 3 |
AC
Ascend Capital
Orinda,
California
|
-$44.1M |
| 4 |
HT
HAP Trading
New York
|
-$43.2M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$38.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
CIBC World Market
Toronto,
Ontario, Canada
| – | -$417K | -499 | Closed |
|
|
B
352
Barings
Charlotte,
North Carolina
| – | -$335K | -400 | Closed |
|
|
SCM
353
Stux Capital Management
New York
| – | -$296K | -353 | Closed |
|
|
CCM
354
Cai Capital Management
New York
| – | -$231K | -277 | Closed |
|
355
Jane Street
New York
| – | -$223K | -266 | Closed |
|
356
Parallax Volatility Advisers
San Francisco,
California
| – | -$187K | -227 | Closed |
|
357
Robeco Institutional Asset Management
Rotterdam,
Netherlands
| – | -$30K | -36 | Closed |
|
|
MWP
358
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$28K | -33 | Closed |
|
|
PAS
359
Partnervest Advisory Services
Santa Barbara,
California
| – | -$17K | -20 | Closed |
|
|
QT
360
Quantbot Technologies
New York
| – | -$9K | -12 | Closed |
|
361
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -6 | Closed |
|
|
ECM
362
ETrade Capital Management
Arlington,
Virginia
| – | -$3K | -3 | Closed |
|
|
GC
363
Globeflex Capital
San Diego,
California
| – | -$2K | -3 | Closed |
|
ONIT Hedge Fund Activity: Q4 2013 in Review
315 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Onity Group (ONIT) for Q4 2013, worth a combined $6.31B — up 6.1% from $5.95B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new ONIT positions and 48 closed out — a net gain of 28 holders — while 102 added to existing stakes and 107 trimmed.
The largest buyer was Pennant Capital Management, opening a new position worth an estimated $173M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $294M sold.
- 315 institutional investors held Onity Group (ONIT) as of Q4 2013, up from 288 in Q3 2013.
- Funds reported $6.31B of Onity Group stock for Q4 2013, up 6.1% quarter-over-quarter.
- 76 funds opened new Onity Group positions in Q4 2013 and 48 closed out, a net change of +28 holders.
- The largest Onity Group buyer in Q4 2013 was Pennant Capital Management, an estimated $173M added.
- The largest Onity Group seller in Q4 2013 was Lone Pine Capital, an estimated $294M sold.
Based on aggregated 13F filings for Q4 2013.