Onity Group
ONIT
190 hedge funds and large institutions have $912M invested in Onity Group in 2015 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 68 increasing their positions, 50 reducing their positions, and 43 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 50
26% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 43
6% more funds holding
Funds holding: 180 → 190 (+10)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
0.28% less ownership
Funds ownership: 6.13% → 5.85% (-0.28%)
48% less capital invested
Capital invested by funds: $1.74B → $912M (-$832M)
64% less call options, than puts
Call options by funds: $60.3M | Put options by funds: $169M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kingstown Capital Management
New York
|
+$107M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$38.3M |
| 3 |
GCM
Gruss Capital Management
New York
|
+$28.1M |
| 4 |
QF
QVT Financial
New York
|
+$25.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$25.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$135M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$127M |
| 3 |
Morgan Stanley
New York
|
-$65.1M |
| 4 |
HCM
Hayman Capital Management
Dallas,
Texas
|
-$49.3M |
| 5 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$40M |
ONIT Hedge Fund Activity: Q1 2015 in Review
190 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Onity Group (ONIT) for Q1 2015, worth a combined $912M — down 48% from $1.74B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new ONIT positions and 43 closed out — a net gain of 11 holders — while 68 added to existing stakes and 50 trimmed.
The largest buyer was Kingstown Capital Management, opening a new position worth an estimated $107M. The largest seller was Pennant Capital Management, exiting entirely with an estimated $135M sold.
- 190 institutional investors held Onity Group (ONIT) as of Q1 2015, up from 180 in Q4 2014.
- Funds reported $912M of Onity Group stock for Q1 2015, down 48% quarter-over-quarter.
- 54 funds opened new Onity Group positions in Q1 2015 and 43 closed out, a net change of +11 holders.
- The largest Onity Group buyer in Q1 2015 was Kingstown Capital Management, an estimated $107M added.
- The largest Onity Group seller in Q1 2015 was Pennant Capital Management, an estimated $135M sold.
Based on aggregated 13F filings for Q1 2015.