Onity Group
ONIT
141 hedge funds and large institutions have $211M invested in Onity Group in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 51 increasing their positions, 44 reducing their positions, and 35 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 44
1.09% less ownership
Funds ownership: 5.7% → 4.61% (-1.1%)
11% less funds holding
Funds holding: 158 → 141 (-17)
43% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 35
56% less funds holding in top 10
Funds holding in top 10: 9 → 4 (-5)
57% less call options, than puts
Call options by funds: $7.51M | Put options by funds: $17.5M
72% less capital invested
Capital invested by funds: $746M → $211M (-$536M)
Top Buyers
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$10.3M |
| 2 |
D.E. Shaw & Co
New York
|
+$6.88M |
| 3 |
LPC
Long Pond Capital
New York
|
+$4.35M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$4.33M |
| 5 |
RHI
Richmond Hill Investments
New York
|
+$3.3M |
Top Sellers
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$36.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$28.5M |
| 3 |
SC
Samlyn Capital
New York
|
-$22.1M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$12.2M |
| 5 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$11.5M |
ONIT Hedge Fund Activity: Q1 2016 in Review
141 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Onity Group (ONIT) for Q1 2016, worth a combined $211M — down 72% from $746M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of ONIT and 20 opened new positions — a net loss of 15 holders — while 44 trimmed existing stakes and 51 added.
The largest buyer was Thompson Siegel & Walmsley, adding an estimated $10.3M. The largest seller was Baupost Group, exiting entirely with an estimated $36.2M sold.
- 141 institutional investors held Onity Group (ONIT) as of Q1 2016, down from 158 in Q4 2015.
- Funds reported $211M of Onity Group stock for Q1 2016, down 72% quarter-over-quarter.
- 20 funds opened new Onity Group positions in Q1 2016 and 35 closed out, a net change of -15 holders.
- The largest Onity Group buyer in Q1 2016 was Thompson Siegel & Walmsley, an estimated $10.3M added.
- The largest Onity Group seller in Q1 2016 was Baupost Group, an estimated $36.2M sold.
Based on aggregated 13F filings for Q1 2016.