Onity Group
ONIT
141 hedge funds and large institutions have $352M invested in Onity Group in 2016 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 43 increasing their positions, 42 reducing their positions, and 16 closing their positions.
88% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 16
85% more call options, than puts
Call options by funds: $83.5M | Put options by funds: $45.1M
42% more capital invested
Capital invested by funds: $248M → $352M (+$104M)
11% more funds holding
Funds holding: 127 → 141 (+14)
2% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 42
0.14% less ownership
Funds ownership: 3.65% → 3.51% (-0.14%)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$7.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.59M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.03M |
| 4 |
D.E. Shaw & Co
New York
|
+$4.27M |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$3.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RHI
Richmond Hill Investments
New York
|
-$16.8M |
| 2 |
KCM
Kingstown Capital Management
New York
|
-$11.7M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$9.19M |
| 4 |
RHIC
Richmond Hill Investment Company
New York
|
-$5.85M |
| 5 |
TCM
Tegean Capital Management
New York
|
-$5.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$48K | -867 | Closed |
|
|
NFA
152
Nuveen Fund Advisors
Chicago,
Illinois
| – | -$43K | -781 | Closed |
|
|
AIM
153
Allen Investment Management
New York
| – | -$37K | -676 | Closed |
|
|
BJ
154
BlackRock Japan
Tokyo,
Japan
| – | -$10K | -190 | Closed |
|
155
JP Morgan Chase
New York
| – | -$5.64K | -80 | Closed |
|
|
JFA
156
JNBA Financial Advisors
Bloomington,
Minnesota
| – | +$70 | +1 | New |
|
|
IWM
157
IHT Wealth Management
Chicago,
Illinois
| – | +$141 | +2 | New |
|
ONIT Hedge Fund Activity: Q4 2016 in Review
141 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Onity Group (ONIT) for Q4 2016, worth a combined $352M — up 42% from $248M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ONIT positions and 16 closed out — a net gain of 14 holders — while 43 added to existing stakes and 42 trimmed.
The largest buyer was Bogle Investment Management, opening a new position worth an estimated $7.9M. The largest seller was Richmond Hill Investments, exiting entirely with an estimated $16.8M sold.
- 141 institutional investors held Onity Group (ONIT) as of Q4 2016, up from 127 in Q3 2016.
- Funds reported $352M of Onity Group stock for Q4 2016, up 42% quarter-over-quarter.
- 30 funds opened new Onity Group positions in Q4 2016 and 16 closed out, a net change of +14 holders.
- The largest Onity Group buyer in Q4 2016 was Bogle Investment Management, an estimated $7.9M added.
- The largest Onity Group seller in Q4 2016 was Richmond Hill Investments, an estimated $16.8M sold.
Based on aggregated 13F filings for Q4 2016.