Optimum Communications Inc
OPTU
341 hedge funds and large institutions have $7.65B invested in Optimum Communications Inc in 2020 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 137 increasing their positions, 93 reducing their positions, and 37 closing their positions.
100% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 37
47% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 93
12% more funds holding
Funds holding: 305 → 341 (+36)
5.41% more ownership
Funds ownership: 77% → 82.41% (+5.4%)
0% less capital invested
Capital invested by funds: $7.69B → $7.65B (-$33.8M)
9% less funds holding in top 10
Funds holding in top 10: 23 → 21 (-2)
68% less call options, than puts
Call options by funds: $40.7M | Put options by funds: $128M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
+$115M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$95.6M |
| 3 |
SHCM
Sachem Head Capital Management
New York
|
+$93.2M |
| 4 |
JP Morgan Chase
New York
|
+$90.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$62.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAM
Veritas Asset Management
London,
United Kingdom
|
-$295M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$274M |
| 3 |
SCH
Sylebra Capital (HK)
Hong Kong
|
-$90.7M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$75.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$71.8M |
OPTU Hedge Fund Activity: Q2 2020 in Review
341 of the 4,887 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q2 2020, worth a combined $7.65B — down 0.44% from $7.69B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new OPTU positions and 37 closed out — a net gain of 37 holders — while 137 added to existing stakes and 93 trimmed.
The largest buyer was Davidson Kempner Capital Management, adding an estimated $115M. The largest seller was Veritas Asset Management, cutting an estimated $295M.
- 341 institutional investors held Optimum Communications Inc (OPTU) as of Q2 2020, up from 305 in Q1 2020.
- Funds reported $7.65B of Optimum Communications Inc stock for Q2 2020, down 0.44% quarter-over-quarter.
- 74 funds opened new Optimum Communications Inc positions in Q2 2020 and 37 closed out, a net change of +37 holders.
- The largest Optimum Communications Inc buyer in Q2 2020 was Davidson Kempner Capital Management, an estimated $115M added.
- The largest Optimum Communications Inc seller in Q2 2020 was Veritas Asset Management, an estimated $295M sold.
Based on aggregated 13F filings for Q2 2020.