Orion Office REIT
ONL
191 hedge funds and large institutions have $55.1M invested in Orion Office REIT in 2026 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 35 increasing their positions, 54 reducing their positions, and 21 closing their positions.
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
3% less funds holding
Funds holding: 196 → 191 (-5)
11.19% less ownership
Funds ownership: 56.31% → 45.12% (-11%)
23% less capital invested
Capital invested by funds: $71.9M → $55.1M (-$16.7M)
35% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 54
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
RC
Rangeley Capital
New Canaan,
Connecticut
|
+$2.12M |
| 2 |
JGC
J. Goldman & Co
New York
|
+$1.06M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$493K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$225K |
| 5 |
EGM
Engineers Gate Manager
New York
|
+$147K |
Top Sellers
| 1 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$906K |
| 2 |
BlackRock
New York
|
-$808K |
| 3 |
Jane Street
New York
|
-$732K |
| 4 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$720K |
| 5 |
Millennium Management
New York
|
-$468K |
ONL Hedge Fund Activity: Q1 2026 in Review
191 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Orion Office REIT (ONL) for Q1 2026, worth a combined $55.1M — down 23% from $71.9M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ONL positions and 21 closed out — a net gain of 2 holders — while 35 added to existing stakes and 54 trimmed.
The largest buyer was Rangeley Capital, opening a new position worth an estimated $2.12M. The largest seller was GSA Capital Partners, cutting an estimated $906K.
- 191 institutional investors held Orion Office REIT (ONL) as of Q1 2026, down from 196 in Q4 2025.
- Funds reported $55.1M of Orion Office REIT stock for Q1 2026, down 23% quarter-over-quarter.
- 23 funds opened new Orion Office REIT positions in Q1 2026 and 21 closed out, a net change of +2 holders.
- The largest Orion Office REIT buyer in Q1 2026 was Rangeley Capital, an estimated $2.12M added.
- The largest Orion Office REIT seller in Q1 2026 was GSA Capital Partners, an estimated $906K sold.
Based on aggregated 13F filings for Q1 2026.