Optimum Communications Inc
OPTU
337 hedge funds and large institutions have $10B invested in Optimum Communications Inc in 2019 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 117 increasing their positions, 119 reducing their positions, and 57 closing their positions.
21% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 57
11% more call options, than puts
Call options by funds: $70.7M | Put options by funds: $63.6M
4.32% more ownership
Funds ownership: 77% → 81.33% (+4.3%)
1% more funds holding
Funds holding: 334 → 337 (+3)
0% more funds holding in top 10
Funds holding in top 10: 20 → 20 (0)
2% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 119
3% less capital invested
Capital invested by funds: $10.3B → $10B (-$320M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAM
Veritas Asset Management
London,
United Kingdom
|
+$553M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$263M |
| 3 |
SCP
Soroban Capital Partners
New York
|
+$138M |
| 4 |
JP Morgan Chase
New York
|
+$103M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$52.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$207M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$207M |
| 3 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$202M |
| 4 |
LCM
Lucerne Capital Management
Greenwich,
Connecticut
|
-$90.2M |
| 5 |
Morgan Stanley
New York
|
-$88.9M |
OPTU Hedge Fund Activity: Q4 2019 in Review
337 of the 5,091 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q4 2019, worth a combined $10B — down 3.1% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new OPTU positions and 57 closed out — a net gain of 12 holders — while 117 added to existing stakes and 119 trimmed.
The largest buyer was Veritas Asset Management, opening a new position worth an estimated $553M. The largest seller was Citadel Advisors, cutting an estimated $207M.
- 337 institutional investors held Optimum Communications Inc (OPTU) as of Q4 2019, up from 334 in Q3 2019.
- Funds reported $10B of Optimum Communications Inc stock for Q4 2019, down 3.1% quarter-over-quarter.
- 69 funds opened new Optimum Communications Inc positions in Q4 2019 and 57 closed out, a net change of +12 holders.
- The largest Optimum Communications Inc buyer in Q4 2019 was Veritas Asset Management, an estimated $553M added.
- The largest Optimum Communications Inc seller in Q4 2019 was Citadel Advisors, an estimated $207M sold.
Based on aggregated 13F filings for Q4 2019.