Opus Bank Common Stock
OPB
OPB was delisted on the 29th of May, 2020.
125 hedge funds and large institutions have $515M invested in Opus Bank Common Stock in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 46 increasing their positions, 40 reducing their positions, and 32 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 40
14% less funds holding
Funds holding: 146 → 125 (-21)
42% less capital invested
Capital invested by funds: $895M → $515M (-$380M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
56% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VI
Versor Investments
New York
|
+$26.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$11.7M |
| 3 |
Morgan Stanley
New York
|
+$6.2M |
| 4 |
Two Sigma Advisers
New York
|
+$5.86M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$5.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$16.4M |
| 2 |
NSGL
No Street GP LP
San Francisco,
California
|
-$9.05M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$8.67M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$6.73M |
| 5 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$5.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
151
PineBridge Investments
New York
| – | -$34K | -1,325 | Closed |
|
152
US Bancorp
Minneapolis,
Minnesota
| – | -$3K | -116 | Closed |
|
|
TFO
153
Tarbox Family Office
Newport Beach,
California
| – | -$3K | -107 | Closed |
|
|
PA
154
Parallel Advisors
San Francisco,
California
| – | -$3K | -98 | Closed |
|
|
TWA
155
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -81 | Closed |
|
|
HGWM
156
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$910 | -39 | -80% |
|
OPB Hedge Fund Activity: Q1 2020 in Review
125 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Opus Bank Common Stock (OPB) for Q1 2020, worth a combined $515M — down 42% from $895M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of OPB and 14 opened new positions — a net loss of 18 holders — while 40 trimmed existing stakes and 46 added.
The largest buyer was Versor Investments, opening a new position worth an estimated $26.8M. The largest seller was Millennium Management, exiting entirely with an estimated $16.4M sold.
- 125 institutional investors held Opus Bank Common Stock (OPB) as of Q1 2020, down from 146 in Q4 2019.
- Funds reported $515M of Opus Bank Common Stock stock for Q1 2020, down 42% quarter-over-quarter.
- 14 funds opened new Opus Bank Common Stock positions in Q1 2020 and 32 closed out, a net change of -18 holders.
- The largest Opus Bank Common Stock buyer in Q1 2020 was Versor Investments, an estimated $26.8M added.
- The largest Opus Bank Common Stock seller in Q1 2020 was Millennium Management, an estimated $16.4M sold.
Based on aggregated 13F filings for Q1 2020.