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ONIT

Onity Group

180 hedge funds and large institutions have $1.74B invested in Onity Group in 2014 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 48 increasing their positions, 69 reducing their positions, and 89 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.32% more ownership

Funds ownership: 5.81%6.13% (+0.32%)

21% less funds holding

Funds holding: 227180 (-47)

30% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 69

33% less call options, than puts

Call options by funds: $86.2M | Put options by funds: $129M

41% less capital invested

Capital invested by funds: $2.98B → $1.74B (-$1.24B)

49% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 89

58% less funds holding in top 10

Funds holding in top 10: 198 (-11)

Holders
180
Holders Change
-47
Holders Change %
-20.7%
% of All Funds
4.8%
Holding in Top 10
8
Holding in Top 10 Change
-11
Holding in Top 10 Change %
-57.89%
% of All Funds
0.21%
New
45
Increased
48
Reduced
69
Closed
89
Calls
$86.2M
Puts
$129M
Net Calls
-$42.9M
Net Calls Change
-$116M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$147M +$187M +574,471 +766%
PCM
2
Pennant Capital Management
New Jersey
$135M -$7.65M -23,472 -4%
HCM
3
Highfields Capital Management
Massachusetts
$133M +$2.4M +7,360 +1%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$132M +$93.6M +287,126 +98%
Capital Research Global Investors
5
Capital Research Global Investors
California
$127M +$83.1M +255,165 +83%
PI
6
Putnam Investments
Massachusetts
$108M +$27.8M +85,203 +22%
Vanguard Group
7
Vanguard Group
Pennsylvania
$92.1M -$13.9M -42,809 -10%
BG
8
Baupost Group
Massachusetts
$90.1M -$22.5M -68,977 -15%
Goldman Sachs
9
Goldman Sachs
New York
$71M +$49.9M +153,071 +95%
Wells Fargo
10
Wells Fargo
California
$52.3M +$72.4M +222,240 +2,527%
HCM
11
Hayman Capital Management
Texas
$49.3M +$70.9M +217,558 New
PCM
12
Proxima Capital Management
New York
$47.7M +$6.61M +20,300 +11%
State Street
13
State Street
Massachusetts
$46.9M -$8.24M -25,305 -11%
NM
14
Newtyn Management
New York
$43M +$61.9M +190,000 New
BIT
15
BlackRock Institutional Trust
California
$38M -$12.2M -37,474 -18%
TSW
16
Thompson Siegel & Walmsley
Virginia
$30.9M +$4.91M +15,076 +12%
KIG
17
Kovitz Investment Group
Illinois
$29.7M +$6.35M +19,502 +17%
AGCJ
18
Alden Global Capital (Jersey)
Jersey
$22.5M +$32.3M +99,273 New
SC
19
Samlyn Capital
New York
$22.4M +$32.2M +98,800 New
Norges Bank
20
Norges Bank
Norway
$21.1M +$6.49M +19,927 +27%
GCM
21
GoodHaven Capital Management
New Jersey
$18.5M +$6.15M +18,875 +30%
BBHC
22
Brown Brothers Harriman & Co
New York
$15M
HK
23
Horizon Kinetics
New York
$15M +$375K +1,150 +2%
BFA
24
BlackRock Fund Advisors
California
$13M +$1.27M +3,901 +7%
Invesco
25
Invesco
Georgia
$12.9M +$18.1M +55,433 +3,611%

ONIT Hedge Fund Activity: Q4 2014 in Review

180 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Onity Group (ONIT) for Q4 2014, worth a combined $1.74B — down 41% from $2.98B a quarter earlier.

Sellers outnumbered buyers: 89 funds closed out of ONIT and 45 opened new positions — a net loss of 44 holders — while 69 trimmed existing stakes and 48 added.

The largest buyer was Morgan Stanley, adding an estimated $187M. The largest seller was Kingstown Capital Management, exiting entirely with an estimated $118M sold.

  • 180 institutional investors held Onity Group (ONIT) as of Q4 2014, down from 227 in Q3 2014.
  • Funds reported $1.74B of Onity Group stock for Q4 2014, down 41% quarter-over-quarter.
  • 45 funds opened new Onity Group positions in Q4 2014 and 89 closed out, a net change of -44 holders.
  • The largest Onity Group buyer in Q4 2014 was Morgan Stanley, an estimated $187M added.
  • The largest Onity Group seller in Q4 2014 was Kingstown Capital Management, an estimated $118M sold.

Based on aggregated 13F filings for Q4 2014.