Optimum Communications Inc
OPTU
91 hedge funds and large institutions have $2.47B invested in Optimum Communications Inc in 2017 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 30 increasing their positions, 15 reducing their positions, and 33 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 15
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
15% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 33
6.44% more ownership
Funds ownership: 41.53% → 47.97% (+6.4%)
5% more funds holding
Funds holding: 87 → 91 (+4)
8% less call options, than puts
Call options by funds: $12.4M | Put options by funds: $13.5M
10% less capital invested
Capital invested by funds: $2.74B → $2.47B (-$273M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SPO Advisory
San Anselmo,
California
|
+$93.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$62.4M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
+$59M |
| 4 |
BlackRock
New York
|
+$44.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$40M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$138M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$81.3M |
| 3 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$71.2M |
| 4 |
MGM
Miura Global Management
New York
|
-$33.5M |
| 5 |
Tiger Global Management
New York
|
-$31.4M |
OPTU Hedge Fund Activity: Q4 2017 in Review
91 of the 4,418 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q4 2017, worth a combined $2.47B — down 9.9% from $2.74B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new OPTU positions and 33 closed out — a net gain of 5 holders — while 30 added to existing stakes and 15 trimmed.
The largest buyer was SPO Advisory, opening a new position worth an estimated $93.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $138M.
- 91 institutional investors held Optimum Communications Inc (OPTU) as of Q4 2017, up from 87 in Q3 2017.
- Funds reported $2.47B of Optimum Communications Inc stock for Q4 2017, down 9.9% quarter-over-quarter.
- 38 funds opened new Optimum Communications Inc positions in Q4 2017 and 33 closed out, a net change of +5 holders.
- The largest Optimum Communications Inc buyer in Q4 2017 was SPO Advisory, an estimated $93.6M added.
- The largest Optimum Communications Inc seller in Q4 2017 was T. Rowe Price Associates, an estimated $138M sold.
Based on aggregated 13F filings for Q4 2017.