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ONIT

Onity Group

190 hedge funds and large institutions have $912M invested in Onity Group in 2015 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 68 increasing their positions, 50 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 50

26% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 43

6% more funds holding

Funds holding: 180190 (+10)

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

0.28% less ownership

Funds ownership: 6.13%5.85% (-0.28%)

48% less capital invested

Capital invested by funds: $1.74B → $912M (-$832M)

64% less call options, than puts

Call options by funds: $60.3M | Put options by funds: $169M

Holders
190
Holders Change
+10
Holders Change %
+5.56%
% of All Funds
5.06%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.21%
New
54
Increased
68
Reduced
50
Closed
43
Calls
$60.3M
Puts
$169M
Net Calls
-$109M
Net Calls Change
-$66.1M
Name Holding Trade Value Shares
Change
Change in
Stake
KCM
1
Kingstown Capital Management
New York
$99M +$107M +800,000 New
BG
2
Baupost Group
Massachusetts
$64.6M +$16.7M +124,456 +31%
PI
3
Putnam Investments
Massachusetts
$61.1M +$2.1M +15,707 +3%
Vanguard Group
4
Vanguard Group
Pennsylvania
$52.5M +$2.32M +17,362 +4%
Wells Fargo
5
Wells Fargo
California
$52M +$25.4M +189,376 +82%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$40.2M -$34.2M -255,788 -44%
WA
7
Whitebox Advisors
Minnesota
$37.4M +$38.3M +286,307 +1,761%
HCM
8
Highfields Capital Management
Massachusetts
$35.5M -$40M -298,835 -51%
PCM
9
Proxima Capital Management
New York
$27.9M +$2.01M +15,000 +7%
GCM
10
Gruss Capital Management
New York
$26M +$28.1M +210,000 New
QF
11
QVT Financial
New York
$25.7M +$25.6M +191,399 +1,172%
NM
12
Newtyn Management
New York
$23.3M -$223K -1,667 -0.9%
BIT
13
BlackRock Institutional Trust
California
$21.2M +$410K +3,059 +2%
Invesco
14
Invesco
Georgia
$20.7M +$14.7M +109,948 +193%
Morgan Stanley
15
Morgan Stanley
New York
$20.2M -$65.1M -486,198 -75%
Goldman Sachs
16
Goldman Sachs
New York
$19.5M -$20.9M -155,970 -50%
TSW
17
Thompson Siegel & Walmsley
Virginia
$17.9M +$1.13M +8,458 +6%
Norges Bank
18
Norges Bank
Norway
$17.7M +$6.74M +50,337 +54%
GC
19
Guggenheim Capital
Illinois
$17.4M +$18M +134,560 +2,210%
KIG
20
Kovitz Investment Group
Illinois
$16.1M -$78.3K -585 -0.4%
CC
21
CQS Cayman
Cayman Islands
$11.1M +$12.1M +90,000 New
State Street
22
State Street
Massachusetts
$10.7M -$16.1M -120,554 -58%
Nomura Holdings
23
Nomura Holdings
Japan
$10.4M +$8.99M +67,107 +19,972%
RHI
24
Richmond Hill Investments
New York
$10.2M +$11M +82,307 New
Citadel Advisors
25
Citadel Advisors
Florida
$7.74M +$4.17M +31,137 +99%

ONIT Hedge Fund Activity: Q1 2015 in Review

190 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Onity Group (ONIT) for Q1 2015, worth a combined $912M — down 48% from $1.74B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new ONIT positions and 43 closed out — a net gain of 11 holders — while 68 added to existing stakes and 50 trimmed.

The largest buyer was Kingstown Capital Management, opening a new position worth an estimated $107M. The largest seller was Pennant Capital Management, exiting entirely with an estimated $135M sold.

  • 190 institutional investors held Onity Group (ONIT) as of Q1 2015, up from 180 in Q4 2014.
  • Funds reported $912M of Onity Group stock for Q1 2015, down 48% quarter-over-quarter.
  • 54 funds opened new Onity Group positions in Q1 2015 and 43 closed out, a net change of +11 holders.
  • The largest Onity Group buyer in Q1 2015 was Kingstown Capital Management, an estimated $107M added.
  • The largest Onity Group seller in Q1 2015 was Pennant Capital Management, an estimated $135M sold.

Based on aggregated 13F filings for Q1 2015.