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ONL

Orion Office REIT

241 hedge funds and large institutions have $137M invested in Orion Office REIT in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 39 increasing their positions, 86 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% less funds holding

Funds holding: 254241 (-13)

11.99% less ownership

Funds ownership: 82.08%70.09% (-12%)

20% less first-time investments, than exits

New positions opened: 36 | Existing positions closed: 45

38% less call options, than puts

Call options by funds: $52K | Put options by funds: $84K

48% less capital invested

Capital invested by funds: $262M → $137M (-$125M)

55% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 86

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
241
Holders Change
-13
Holders Change %
-5.12%
% of All Funds
3.47%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
36
Increased
39
Reduced
86
Closed
45
Calls
$52K
Puts
$84K
Net Calls
-$32K
Net Calls Change
+$55K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$20.1M -$31K -6,917 -0.1%
PMG
2
Private Management Group
California
$17.3M +$706K +157,366 +3%
BlackRock
3
BlackRock
New York
$16.6M -$395K -87,948 -2%
Morgan Stanley
4
Morgan Stanley
New York
$14.2M -$20.2M -4,508,142 -53%
MAP
5
Madison Avenue Partners
New York
$9.19M -$1.66M -371,036 -12%
State Street
6
State Street
Massachusetts
$5.55M -$503K -112,100 -7%
Renaissance Technologies
7
Renaissance Technologies
New York
$5.13M +$1.41M +313,100 +27%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$5.13M +$359K +79,968 +6%
Bank of America
9
Bank of America
North Carolina
$4.08M -$1.82M -406,363 -26%
AQR Capital Management
10
AQR Capital Management
Connecticut
$3.88M +$1.75M +390,615 +55%
SCM
11
Solas Capital Management
Connecticut
$2.86M -$87.3K -19,464 -2%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$2.53M -$161K -35,774 -5%
Charles Schwab
13
Charles Schwab
California
$2.17M -$34.6K -7,720 -1%
Norges Bank
14
Norges Bank
Norway
$1.99M
Los Angeles Capital Management
15
Los Angeles Capital Management
California
$1.74M +$513K +114,400 +30%
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$1.69M +$1.11M +246,554 +105%
Northern Trust
17
Northern Trust
Illinois
$1.65M -$49.4K -11,012 -2%
Arrowstreet Capital
18
Arrowstreet Capital
Massachusetts
$1.5M -$1.58M -352,950 -45%
GCM
19
Glendon Capital Management
California
$1.26M
Invesco
20
Invesco
Georgia
$1.19M +$751K +167,393 +98%
SOADOR
21
State of Alaska Department of Revenue
Alaska
$924K
Jacobs Levy Equity Management
22
Jacobs Levy Equity Management
New Jersey
$920K -$13.8K -3,074 -1%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$832K -$111K -24,738 -9%
Goldman Sachs
24
Goldman Sachs
New York
$793K -$799K -178,065 -44%
Millennium Management
25
Millennium Management
New York
$753K -$2.39M -532,142 -71%

ONL Hedge Fund Activity: Q1 2024 in Review

241 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Orion Office REIT (ONL) for Q1 2024, worth a combined $137M — down 48% from $262M a quarter earlier.

Sellers outnumbered buyers: 45 funds closed out of ONL and 36 opened new positions — a net loss of 9 holders — while 86 trimmed existing stakes and 39 added.

The largest buyer was AQR Capital Management, adding an estimated $1.75M. The largest seller was Morgan Stanley, cutting an estimated $20.2M.

  • 241 institutional investors held Orion Office REIT (ONL) as of Q1 2024, down from 254 in Q4 2023.
  • Funds reported $137M of Orion Office REIT stock for Q1 2024, down 48% quarter-over-quarter.
  • 36 funds opened new Orion Office REIT positions in Q1 2024 and 45 closed out, a net change of -9 holders.
  • The largest Orion Office REIT buyer in Q1 2024 was AQR Capital Management, an estimated $1.75M added.
  • The largest Orion Office REIT seller in Q1 2024 was Morgan Stanley, an estimated $20.2M sold.

Based on aggregated 13F filings for Q1 2024.