Onity Group
ONIT
129 hedge funds and large institutions have $126M invested in Onity Group in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 44 reducing their positions, and 28 closing their positions.
291% more call options, than puts
Call options by funds: $20.7M | Put options by funds: $5.3M
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0.63% less ownership
Funds ownership: 4.61% → 3.98% (-0.63%)
9% less funds holding
Funds holding: 141 → 129 (-12)
11% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 44
40% less capital invested
Capital invested by funds: $211M → $126M (-$84.2M)
43% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$4.21M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.42M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$1.69M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$1.41M |
| 5 |
ACM
Akanthos Capital Management
Woodland Hills,
California
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$5.44M |
| 2 |
NM
Newtyn Management
New York
|
-$4.94M |
| 3 |
Morgan Stanley
New York
|
-$4.17M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.81M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.72M |
ONIT Hedge Fund Activity: Q2 2016 in Review
129 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Onity Group (ONIT) for Q2 2016, worth a combined $126M — down 40% from $211M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ONIT and 16 opened new positions — a net loss of 12 holders — while 44 trimmed existing stakes and 39 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $4.21M. The largest seller was Whitebox Advisors, cutting an estimated $5.44M.
- 129 institutional investors held Onity Group (ONIT) as of Q2 2016, down from 141 in Q1 2016.
- Funds reported $126M of Onity Group stock for Q2 2016, down 40% quarter-over-quarter.
- 16 funds opened new Onity Group positions in Q2 2016 and 28 closed out, a net change of -12 holders.
- The largest Onity Group buyer in Q2 2016 was Renaissance Technologies, an estimated $4.21M added.
- The largest Onity Group seller in Q2 2016 was Whitebox Advisors, an estimated $5.44M sold.
Based on aggregated 13F filings for Q2 2016.