Orion Office REIT
ONL
254 hedge funds and large institutions have $262M invested in Orion Office REIT in 2023 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 63 increasing their positions, 74 reducing their positions, and 47 closing their positions.
16% more capital invested
Capital invested by funds: $226M → $262M (+$36.4M)
5.85% more ownership
Funds ownership: 76.23% → 82.08% (+5.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 267 → 254 (-13)
15% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 74
23% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 47
74% less call options, than puts
Call options by funds: $30K | Put options by funds: $117K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$26.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.23M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.38M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
+$1.14M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$961K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$6.05M |
| 2 |
Millennium Management
New York
|
-$3.48M |
| 3 |
MAP
Madison Avenue Partners
New York
|
-$2.67M |
| 4 |
NM
Newtyn Management
New York
|
-$2.47M |
| 5 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$1.19M |
ONL Hedge Fund Activity: Q4 2023 in Review
254 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Orion Office REIT (ONL) for Q4 2023, worth a combined $262M — up 16% from $226M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of ONL and 36 opened new positions — a net loss of 11 holders — while 74 trimmed existing stakes and 63 added.
The largest buyer was Morgan Stanley, adding an estimated $26.6M. The largest seller was Mangrove Partners, exiting entirely with an estimated $6.05M sold.
- 254 institutional investors held Orion Office REIT (ONL) as of Q4 2023, down from 267 in Q3 2023.
- Funds reported $262M of Orion Office REIT stock for Q4 2023, up 16% quarter-over-quarter.
- 36 funds opened new Orion Office REIT positions in Q4 2023 and 47 closed out, a net change of -11 holders.
- The largest Orion Office REIT buyer in Q4 2023 was Morgan Stanley, an estimated $26.6M added.
- The largest Orion Office REIT seller in Q4 2023 was Mangrove Partners, an estimated $6.05M sold.
Based on aggregated 13F filings for Q4 2023.