Optimum Communications Inc
OPTU
216 hedge funds and large institutions have $4.76B invested in Optimum Communications Inc in 2018 Q2 according to their latest regulatory filings, with 127 funds opening new positions, 62 increasing their positions, 19 reducing their positions, and 19 closing their positions.
568% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 19
226% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 19
140% more funds holding in top 10
Funds holding in top 10: 5 → 12 (+7)
100% more funds holding
Funds holding: 108 → 216 (+108)
96% more capital invested
Capital invested by funds: $2.43B → $4.76B (+$2.33B)
4.03% more ownership
Funds ownership: 53.17% → 57.21% (+4%)
55% less call options, than puts
Call options by funds: $13.9M | Put options by funds: $30.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$520M |
| 2 |
JP Morgan Chase
New York
|
+$236M |
| 3 |
SCM
Scopia Capital Management
New York
|
+$186M |
| 4 |
PC
Pelham Capital
London,
United Kingdom
|
+$128M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
SPO Advisory
San Anselmo,
California
|
-$67M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$26.8M |
| 3 |
AC
Asturias Capital
New York
|
-$20.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.4M |
| 5 |
AC
Ascend Capital
Orinda,
California
|
-$8.85M |
OPTU Hedge Fund Activity: Q2 2018 in Review
216 of the 4,384 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q2 2018, worth a combined $4.76B — up 96% from $2.43B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new OPTU positions and 19 closed out — a net gain of 108 holders — while 62 added to existing stakes and 19 trimmed.
The largest buyer was Dodge & Cox, opening a new position worth an estimated $520M. The largest seller was SPO Advisory, exiting entirely with an estimated $67M sold.
- 216 institutional investors held Optimum Communications Inc (OPTU) as of Q2 2018, up from 108 in Q1 2018.
- Funds reported $4.76B of Optimum Communications Inc stock for Q2 2018, up 96% quarter-over-quarter.
- 127 funds opened new Optimum Communications Inc positions in Q2 2018 and 19 closed out, a net change of +108 holders.
- The largest Optimum Communications Inc buyer in Q2 2018 was Dodge & Cox, an estimated $520M added.
- The largest Optimum Communications Inc seller in Q2 2018 was SPO Advisory, an estimated $67M sold.
Based on aggregated 13F filings for Q2 2018.