Option Care Health
OPCH
131 hedge funds and large institutions have $531M invested in Option Care Health in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 57 increasing their positions, 31 reducing their positions, and 41 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 31
38% more call options, than puts
Call options by funds: $1.23M | Put options by funds: $892K
8% less funds holding
Funds holding: 142 → 131 (-11)
22% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 41
40% less capital invested
Capital invested by funds: $882M → $531M (-$350M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$26.2M |
| 2 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
+$17.8M |
| 3 |
DM
Deerfield Management
New York
|
+$17.1M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$15M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCI
Columbus Circle Investors
|
-$19.8M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$16.7M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$13.4M |
| 4 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$11.5M |
| 5 |
MCM
Montibus Capital Management
Portland,
Oregon
|
-$11.3M |
OPCH Hedge Fund Activity: Q3 2013 in Review
131 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Option Care Health (OPCH) for Q3 2013, worth a combined $531M — down 40% from $882M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of OPCH and 32 opened new positions — a net loss of 9 holders — while 31 trimmed existing stakes and 57 added.
The largest buyer was Pennant Capital Management, adding an estimated $26.2M. The largest seller was Columbus Circle Investors, cutting an estimated $19.8M.
- 131 institutional investors held Option Care Health (OPCH) as of Q3 2013, down from 142 in Q2 2013.
- Funds reported $531M of Option Care Health stock for Q3 2013, down 40% quarter-over-quarter.
- 32 funds opened new Option Care Health positions in Q3 2013 and 41 closed out, a net change of -9 holders.
- The largest Option Care Health buyer in Q3 2013 was Pennant Capital Management, an estimated $26.2M added.
- The largest Option Care Health seller in Q3 2013 was Columbus Circle Investors, an estimated $19.8M sold.
Based on aggregated 13F filings for Q3 2013.