Onity Group
ONIT
270 hedge funds and large institutions have $4.36B invested in Onity Group in 2014 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 109 increasing their positions, 82 reducing their positions, and 50 closing their positions.
46% more call options, than puts
Call options by funds: $257M | Put options by funds: $176M
33% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 82
5% more funds holding in top 10
Funds holding in top 10: 19 → 20 (+1)
0.03% more ownership
Funds ownership: 5.77% → 5.8% (+0.03%)
5% less capital invested
Capital invested by funds: $4.59B → $4.36B (-$228M)
3% less funds holding
Funds holding: 278 → 270 (-8)
16% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$129M |
| 2 |
CLG
Cooperman Leon G
|
+$85.6M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$46.2M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$39.8M |
| 5 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$37.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$114M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$83.5M |
| 3 |
BC
Brahman Capital
New York
|
-$78.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$60.4M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$56.3M |
ONIT Hedge Fund Activity: Q2 2014 in Review
270 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Onity Group (ONIT) for Q2 2014, worth a combined $4.36B — down 5% from $4.59B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of ONIT and 42 opened new positions — a net loss of 8 holders — while 82 trimmed existing stakes and 109 added.
The largest buyer was Highfields Capital Management, adding an estimated $129M. The largest seller was Luxor Capital Group, exiting entirely with an estimated $114M sold.
- 270 institutional investors held Onity Group (ONIT) as of Q2 2014, down from 278 in Q1 2014.
- Funds reported $4.36B of Onity Group stock for Q2 2014, down 5% quarter-over-quarter.
- 42 funds opened new Onity Group positions in Q2 2014 and 50 closed out, a net change of -8 holders.
- The largest Onity Group buyer in Q2 2014 was Highfields Capital Management, an estimated $129M added.
- The largest Onity Group seller in Q2 2014 was Luxor Capital Group, an estimated $114M sold.
Based on aggregated 13F filings for Q2 2014.