Optimum Communications Inc
OPTU
261 hedge funds and large institutions have $7.32B invested in Optimum Communications Inc in 2019 Q1 according to their latest regulatory filings, with 85 funds opening new positions, 81 increasing their positions, 68 reducing their positions, and 29 closing their positions.
193% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 29
84% more call options, than puts
Call options by funds: $13.8M | Put options by funds: $7.51M
30% more capital invested
Capital invested by funds: $5.63B → $7.32B (+$1.69B)
25% more funds holding
Funds holding: 208 → 261 (+53)
19% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 68
6% more funds holding in top 10
Funds holding in top 10: 18 → 19 (+1)
1.7% more ownership
Funds ownership: 67.84% → 69.54% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
+$405M |
| 2 |
PCM
Palestra Capital Management
New York
|
+$120M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$89.4M |
| 4 |
Neuberger Berman Group
New York
|
+$80.7M |
| 5 |
Renaissance Technologies
New York
|
+$78.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$411M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$271M |
| 3 |
BPA
BC Partners Advisors
New York
|
-$261M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$82.8M |
| 5 |
Citigroup
New York
|
-$52.1M |
OPTU Hedge Fund Activity: Q1 2019 in Review
261 of the 4,632 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q1 2019, worth a combined $7.32B — up 30% from $5.63B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new OPTU positions and 29 closed out — a net gain of 56 holders — while 81 added to existing stakes and 68 trimmed.
The largest buyer was Soroban Capital Partners, opening a new position worth an estimated $405M. The largest seller was Dodge & Cox, exiting entirely with an estimated $411M sold.
- 261 institutional investors held Optimum Communications Inc (OPTU) as of Q1 2019, up from 208 in Q4 2018.
- Funds reported $7.32B of Optimum Communications Inc stock for Q1 2019, up 30% quarter-over-quarter.
- 85 funds opened new Optimum Communications Inc positions in Q1 2019 and 29 closed out, a net change of +56 holders.
- The largest Optimum Communications Inc buyer in Q1 2019 was Soroban Capital Partners, an estimated $405M added.
- The largest Optimum Communications Inc seller in Q1 2019 was Dodge & Cox, an estimated $411M sold.
Based on aggregated 13F filings for Q1 2019.