Optimum Communications Inc
OPTU
211 hedge funds and large institutions have $5.46B invested in Optimum Communications Inc in 2018 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 71 increasing their positions, 70 reducing their positions, and 46 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
15% more capital invested
Capital invested by funds: $4.76B → $5.46B (+$698M)
3.87% more ownership
Funds ownership: 57.21% → 61.08% (+3.9%)
1% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 70
3% less call options, than puts
Call options by funds: $28.3M | Put options by funds: $29M
9% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 46
2% less funds holding
Funds holding: 216 → 211 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$266M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$149M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$79.9M |
| 4 |
Bank of New York Mellon
New York
|
+$70.3M |
| 5 |
GC
Greenlight Capital
New York
|
+$52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$239M |
| 2 |
SCM
Scopia Capital Management
New York
|
-$172M |
| 3 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$79.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$43M |
| 5 |
AG
Aravt Global
New York
|
-$38.7M |
OPTU Hedge Fund Activity: Q3 2018 in Review
211 of the 4,390 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q3 2018, worth a combined $5.46B — up 15% from $4.76B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of OPTU and 42 opened new positions — a net loss of 4 holders — while 70 trimmed existing stakes and 71 added.
The largest buyer was Vanguard Group, adding an estimated $266M. The largest seller was Royal Bank of Canada, cutting an estimated $239M.
- 211 institutional investors held Optimum Communications Inc (OPTU) as of Q3 2018, down from 216 in Q2 2018.
- Funds reported $5.46B of Optimum Communications Inc stock for Q3 2018, up 15% quarter-over-quarter.
- 42 funds opened new Optimum Communications Inc positions in Q3 2018 and 46 closed out, a net change of -4 holders.
- The largest Optimum Communications Inc buyer in Q3 2018 was Vanguard Group, an estimated $266M added.
- The largest Optimum Communications Inc seller in Q3 2018 was Royal Bank of Canada, an estimated $239M sold.
Based on aggregated 13F filings for Q3 2018.