Optimum Communications Inc
OPTU
285 hedge funds and large institutions have $8.1B invested in Optimum Communications Inc in 2019 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 91 increasing their positions, 105 reducing their positions, and 37 closing their positions.
76% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 37
11% more capital invested
Capital invested by funds: $7.32B → $8.1B (+$784M)
9% more funds holding
Funds holding: 261 → 285 (+24)
1.74% less ownership
Funds ownership: 69.54% → 67.8% (-1.7%)
5% less funds holding in top 10
Funds holding in top 10: 19 → 18 (-1)
13% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 105
20% less call options, than puts
Call options by funds: $19.6M | Put options by funds: $24.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$237M |
| 2 |
BlackRock
New York
|
+$113M |
| 3 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$93M |
| 4 |
PCM
Palestra Capital Management
New York
|
+$80M |
| 5 |
State Street
Boston,
Massachusetts
|
+$57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$233M |
| 2 |
BPA
BC Partners Advisors
New York
|
-$226M |
| 3 |
JP Morgan Chase
New York
|
-$81.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$69.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$49.8M |
OPTU Hedge Fund Activity: Q2 2019 in Review
285 of the 4,624 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q2 2019, worth a combined $8.1B — up 11% from $7.32B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new OPTU positions and 37 closed out — a net gain of 28 holders — while 91 added to existing stakes and 105 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $237M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $233M.
- 285 institutional investors held Optimum Communications Inc (OPTU) as of Q2 2019, up from 261 in Q1 2019.
- Funds reported $8.1B of Optimum Communications Inc stock for Q2 2019, up 11% quarter-over-quarter.
- 65 funds opened new Optimum Communications Inc positions in Q2 2019 and 37 closed out, a net change of +28 holders.
- The largest Optimum Communications Inc buyer in Q2 2019 was Boston Partners, an estimated $237M added.
- The largest Optimum Communications Inc seller in Q2 2019 was Canada Pension Plan Investment Board, an estimated $233M sold.
Based on aggregated 13F filings for Q2 2019.