Option Care Health
OPCH
90 hedge funds and large institutions have $245M invested in Option Care Health in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 34 reducing their positions, and 45 closing their positions.
3,111% more call options, than puts
Call options by funds: $610K | Put options by funds: $19K
10.6% more ownership
Funds ownership: 4.07% → 14.67% (+11%)
9% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 34
29% less funds holding
Funds holding: 127 → 90 (-37)
43% less capital invested
Capital invested by funds: $428M → $245M (-$183M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
78% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$18.7M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
+$11.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.16M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.57M |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
-$11.6M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
-$5.01M |
| 3 |
AFA
Alta Fundamental Advisers
New York
|
-$3.41M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.61M |
| 5 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$2.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$33K | -2,219 | Closed |
|
127
Simplex Trading
Chicago,
Illinois
| – | -$14.8K | -1,008 | Closed |
|
|
TRCT
128
Tower Research Capital (TRC)
New York
| – | -$3K | -194 | Closed |
|
|
MAM
129
Meeder Asset Management
Dublin,
Ohio
| – | -$3K | -171 | Closed |
|
|
VCM
130
Versant Capital Management
Phoenix,
Arizona
| – | -$2K | -140 | Closed |
|
|
FANJ
131
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$2K | -125 | Closed |
|
132
Group One Trading
Chicago,
Illinois
| – | -$440 | -30 | Closed |
|
|
IA
133
IFP Advisors
Tampa,
Florida
| – | -$15 | -1 | -8% |
|
OPCH Hedge Fund Activity: Q1 2020 in Review
90 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Option Care Health (OPCH) for Q1 2020, worth a combined $245M — down 43% from $428M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of OPCH and 10 opened new positions — a net loss of 35 holders — while 34 trimmed existing stakes and 37 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $18.7M. The largest seller was Coliseum Capital Management, exiting entirely with an estimated $11.6M sold.
- 90 institutional investors held Option Care Health (OPCH) as of Q1 2020, down from 127 in Q4 2019.
- Funds reported $245M of Option Care Health stock for Q1 2020, down 43% quarter-over-quarter.
- 10 funds opened new Option Care Health positions in Q1 2020 and 45 closed out, a net change of -35 holders.
- The largest Option Care Health buyer in Q1 2020 was T. Rowe Price Associates, an estimated $18.7M added.
- The largest Option Care Health seller in Q1 2020 was Coliseum Capital Management, an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2020.