Optimum Communications Inc
OPTU
334 hedge funds and large institutions have $10.3B invested in Optimum Communications Inc in 2019 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 118 increasing their positions, 112 reducing their positions, and 30 closing their positions.
167% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 30
28% more capital invested
Capital invested by funds: $8.1B → $10.3B (+$2.23B)
17% more funds holding
Funds holding: 285 → 334 (+49)
11% more funds holding in top 10
Funds holding in top 10: 18 → 20 (+2)
9.2% more ownership
Funds ownership: 67.8% → 77% (+9.2%)
5% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 112
40% less call options, than puts
Call options by funds: $23.9M | Put options by funds: $39.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$357M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$227M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$169M |
| 4 |
D.E. Shaw & Co
New York
|
+$113M |
| 5 |
BlackRock
New York
|
+$99.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$214M |
| 2 |
BPA
BC Partners Advisors
New York
|
-$207M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$128M |
| 4 |
SCH
Sylebra Capital (HK)
Hong Kong
|
-$80.7M |
| 5 |
SC
Sessa Capital
New York
|
-$76.9M |
OPTU Hedge Fund Activity: Q3 2019 in Review
334 of the 4,573 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q3 2019, worth a combined $10.3B — up 28% from $8.1B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new OPTU positions and 30 closed out — a net gain of 50 holders — while 118 added to existing stakes and 112 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $357M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $214M.
- 334 institutional investors held Optimum Communications Inc (OPTU) as of Q3 2019, up from 285 in Q2 2019.
- Funds reported $10.3B of Optimum Communications Inc stock for Q3 2019, up 28% quarter-over-quarter.
- 80 funds opened new Optimum Communications Inc positions in Q3 2019 and 30 closed out, a net change of +50 holders.
- The largest Optimum Communications Inc buyer in Q3 2019 was Capital Research Global Investors, an estimated $357M added.
- The largest Optimum Communications Inc seller in Q3 2019 was Canada Pension Plan Investment Board, an estimated $214M sold.
Based on aggregated 13F filings for Q3 2019.