Opus Bank Common Stock
OPB
OPB was delisted on the 29th of May, 2020.
132 hedge funds and large institutions have $944M invested in Opus Bank Common Stock in 2016 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 52 increasing their positions, 35 reducing their positions, and 28 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 35
18% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 28
2% more funds holding
Funds holding: 130 → 132 (+2)
17% less capital invested
Capital invested by funds: $1.13B → $944M (-$188M)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
95% less call options, than puts
Call options by funds: $175K | Put options by funds: $3.51M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$16.7M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$15.4M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$13.8M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$8.29M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
-$37.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$34.1M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$27.3M |
| 4 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$12.2M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
UBS AM
Chicago,
Illinois
| – | -$414K | -11,692 | Closed |
|
|
ADEF
152
Adams Diversified Equity Fund
Baltimore,
Maryland
| – | -$318K | -9,400 | Closed |
|
|
AFG
153
American Financial Group
Cincinnati,
Ohio
| – | -$321K | -9,086 | Closed |
|
|
1GA
154
1st Global Advisors
Dallas,
Texas
| – | -$298K | -8,436 | Closed |
|
|
LSCM
155
LaSalle Street Capital Management
Chicago,
Illinois
| – | -$275K | -7,783 | Closed |
|
156
Allianz Asset Management
Munich,
Germany
| – | -$262K | -7,532 | Closed |
|
|
BCM
157
Bridgeway Capital Management
Houston,
Texas
| – | -$230K | -6,500 | Closed |
|
|
IR
158
Invictus RG
Hamilton,
Bermuda
| – | -$36K | -1,020 | Closed |
|
|
LTFS
159
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$4K | -125 | Closed |
|
|
PFBT
160
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$373 | +14 | New |
|
OPB Hedge Fund Activity: Q4 2016 in Review
132 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Opus Bank Common Stock (OPB) for Q4 2016, worth a combined $944M — down 17% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new OPB positions and 28 closed out — a net gain of 5 holders — while 52 added to existing stakes and 35 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $16.7M. The largest seller was Abrams Capital Management, exiting entirely with an estimated $37.2M sold.
- 132 institutional investors held Opus Bank Common Stock (OPB) as of Q4 2016, up from 130 in Q3 2016.
- Funds reported $944M of Opus Bank Common Stock stock for Q4 2016, down 17% quarter-over-quarter.
- 33 funds opened new Opus Bank Common Stock positions in Q4 2016 and 28 closed out, a net change of +5 holders.
- The largest Opus Bank Common Stock buyer in Q4 2016 was Millennium Management, an estimated $16.7M added.
- The largest Opus Bank Common Stock seller in Q4 2016 was Abrams Capital Management, an estimated $37.2M sold.
Based on aggregated 13F filings for Q4 2016.