Onity Group
ONIT
120 hedge funds and large institutions have $171M invested in Onity Group in 2017 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 40 increasing their positions, 28 reducing their positions, and 30 closing their positions.
201% more call options, than puts
Call options by funds: $43.5M | Put options by funds: $14.5M
43% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 28
0.23% more ownership
Funds ownership: 3.17% → 3.39% (+0.23%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 126 → 120 (-6)
20% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 30
47% less capital invested
Capital invested by funds: $322M → $171M (-$152M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OA
Omega Advisors
New York
|
+$23.6M |
| 2 |
SPCM
Sound Point Capital Management
New York
|
+$7.97M |
| 3 |
ACM
Akanthos Capital Management
Woodland Hills,
California
|
+$3.36M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.33M |
| 5 |
TCM
Tegean Capital Management
New York
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kingstown Capital Management
New York
|
-$21.9M |
| 2 |
BCM
Brigade Capital Management
New York
|
-$10.1M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$7.65M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$5.57M |
| 5 |
D.E. Shaw & Co
New York
|
-$3.95M |
ONIT Hedge Fund Activity: Q2 2017 in Review
120 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Onity Group (ONIT) for Q2 2017, worth a combined $171M — down 47% from $322M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ONIT and 24 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 40 added.
The largest buyer was Omega Advisors, opening a new position worth an estimated $23.6M. The largest seller was Kingstown Capital Management, exiting entirely with an estimated $21.9M sold.
- 120 institutional investors held Onity Group (ONIT) as of Q2 2017, down from 126 in Q1 2017.
- Funds reported $171M of Onity Group stock for Q2 2017, down 47% quarter-over-quarter.
- 24 funds opened new Onity Group positions in Q2 2017 and 30 closed out, a net change of -6 holders.
- The largest Onity Group buyer in Q2 2017 was Omega Advisors, an estimated $23.6M added.
- The largest Onity Group seller in Q2 2017 was Kingstown Capital Management, an estimated $21.9M sold.
Based on aggregated 13F filings for Q2 2017.