Onity Group
ONIT
119 hedge funds and large institutions have $218M invested in Onity Group in 2017 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 32 increasing their positions, 34 reducing their positions, and 12 closing their positions.
108% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 12
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
57% more call options, than puts
Call options by funds: $37.4M | Put options by funds: $23.9M
12% more funds holding
Funds holding: 106 → 119 (+13)
6% more capital invested
Capital invested by funds: $206M → $218M (+$11.4M)
0.49% more ownership
Funds ownership: 3.06% → 3.54% (+0.49%)
6% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Omega Advisors
New York
|
+$8M |
| 2 |
GP
GLG Partners
London,
United Kingdom
|
+$3.58M |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$3.38M |
| 4 |
ACM
Akanthos Capital Management
Woodland Hills,
California
|
+$2.51M |
| 5 |
Goldman Sachs
New York
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$24.5M |
| 2 |
SPCM
Sound Point Capital Management
New York
|
-$3.52M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.75M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.42M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
126
Next Financial Group
Houston,
Texas
| – | -$4K | -67 | Closed |
|
127
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3K | -67 | Closed |
|
128
SEI Investments
Oaks,
Pennsylvania
| – | -$151 | -3 | -60% |
|
|
STA
129
Summit Trail Advisors
New York
| – | +$452 | +9 | New |
|
ONIT Hedge Fund Activity: Q4 2017 in Review
119 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Onity Group (ONIT) for Q4 2017, worth a combined $218M — up 5.5% from $206M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ONIT positions and 12 closed out — a net gain of 13 holders — while 32 added to existing stakes and 34 trimmed.
The largest buyer was Omega Advisors, adding an estimated $8M. The largest seller was Putnam Investments, exiting entirely with an estimated $24.5M sold.
- 119 institutional investors held Onity Group (ONIT) as of Q4 2017, up from 106 in Q3 2017.
- Funds reported $218M of Onity Group stock for Q4 2017, up 5.5% quarter-over-quarter.
- 25 funds opened new Onity Group positions in Q4 2017 and 12 closed out, a net change of +13 holders.
- The largest Onity Group buyer in Q4 2017 was Omega Advisors, an estimated $8M added.
- The largest Onity Group seller in Q4 2017 was Putnam Investments, an estimated $24.5M sold.
Based on aggregated 13F filings for Q4 2017.