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ONIT

Onity Group

129 hedge funds and large institutions have $126M invested in Onity Group in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 44 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

291% more call options, than puts

Call options by funds: $20.7M | Put options by funds: $5.3M

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

0.63% less ownership

Funds ownership: 4.61%3.98% (-0.63%)

9% less funds holding

Funds holding: 141129 (-12)

11% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 44

40% less capital invested

Capital invested by funds: $211M → $126M (-$84.2M)

43% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 28

Holders
129
Holders Change
-12
Holders Change %
-8.51%
% of All Funds
3.44%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.13%
New
16
Increased
39
Reduced
44
Closed
28
Calls
$20.7M
Puts
$5.3M
Net Calls
+$15.4M
Net Calls Change
+$25.4M
Name Holding Trade Value Shares
Change
Change in
Stake
KCM
1
Kingstown Capital Management
New York
$19.4M -$2.37M -76,666 -9%
PI
2
Putnam Investments
Massachusetts
$15.1M -$2.16M -69,973 -11%
Vanguard Group
3
Vanguard Group
Pennsylvania
$11.5M +$113K +3,663 +0.8%
TSW
4
Thompson Siegel & Walmsley
Virginia
$10.8M +$1.41M +45,745 +12%
RHI
5
Richmond Hill Investments
New York
$7.82M -$1.11M -35,807 -11%
BIT
6
BlackRock Institutional Trust
California
$4.86M +$368K +11,934 +7%
BFA
7
BlackRock Fund Advisors
California
$4.48M +$287K +9,313 +6%
Northern Trust
8
Northern Trust
Illinois
$3.64M +$176K +5,686 +4%
Renaissance Technologies
9
Renaissance Technologies
New York
$3.5M +$4.21M +136,387 New
State Street
10
State Street
Massachusetts
$3.11M -$27.8K -901 -0.7%
Deutsche Bank
11
Deutsche Bank
Germany
$2.87M +$3.42M +110,953 +10,005%
RHIC
12
Richmond Hill Investment Company
New York
$2.73M -$362K -11,724 -10%
CC
13
CQS Cayman
Cayman Islands
$2.29M -$24.1K -780 -0.9%
ACM
14
Akanthos Capital Management
California
$2.22M +$1.23M +39,967 +86%
PCM
15
Proxima Capital Management
New York
$2.02M -$895K -29,000 -27%
TCM
16
Tegean Capital Management
New York
$1.89M +$853K +27,623 +60%
RCM
17
Raging Capital Management
New Jersey
$1.4M +$1.69M +54,653 New
Charles Schwab
18
Charles Schwab
California
$1.36M +$698K +22,610 +74%
Norges Bank
19
Norges Bank
Norway
$1.3M
Group One Trading
20
Group One Trading
Illinois
$1.27M -$1.04M -33,581 -40%
Goldman Sachs
21
Goldman Sachs
New York
$1.14M +$257K +8,337 +23%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$1.13M +$3.21K +104 +0.2%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$1.12M -$2.29M -74,210 -63%
Federated Hermes
24
Federated Hermes
Pennsylvania
$999K +$87.7K +2,841 +8%
Nordea Investment Management
25
Nordea Investment Management
Sweden
$841K +$158K +5,127 +19%

ONIT Hedge Fund Activity: Q2 2016 in Review

129 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Onity Group (ONIT) for Q2 2016, worth a combined $126M — down 40% from $211M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of ONIT and 16 opened new positions — a net loss of 12 holders — while 44 trimmed existing stakes and 39 added.

The largest buyer was Renaissance Technologies, opening a new position worth an estimated $4.21M. The largest seller was Whitebox Advisors, cutting an estimated $5.44M.

  • 129 institutional investors held Onity Group (ONIT) as of Q2 2016, down from 141 in Q1 2016.
  • Funds reported $126M of Onity Group stock for Q2 2016, down 40% quarter-over-quarter.
  • 16 funds opened new Onity Group positions in Q2 2016 and 28 closed out, a net change of -12 holders.
  • The largest Onity Group buyer in Q2 2016 was Renaissance Technologies, an estimated $4.21M added.
  • The largest Onity Group seller in Q2 2016 was Whitebox Advisors, an estimated $5.44M sold.

Based on aggregated 13F filings for Q2 2016.