Optimum Communications Inc
OPTU
348 hedge funds and large institutions have $10.6B invested in Optimum Communications Inc in 2020 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 87 increasing their positions, 160 reducing their positions, and 73 closing their positions.
36% more funds holding in top 10
Funds holding in top 10: 22 → 30 (+8)
23% more capital invested
Capital invested by funds: $8.62B → $10.6B (+$2.02B)
12.62% more ownership
Funds ownership: 84.33% → 96.96% (+13%)
8% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 73
2% less funds holding
Funds holding: 356 → 348 (-8)
27% less call options, than puts
Call options by funds: $483M | Put options by funds: $657M
46% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 160
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$227M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$139M |
| 3 |
Millennium Management
New York
|
+$87.8M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$84.3M |
| 5 |
ACP
Atalan Capital Partners
New York
|
+$64.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$263M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$188M |
| 3 |
JP Morgan Chase
New York
|
-$186M |
| 4 |
Renaissance Technologies
New York
|
-$121M |
| 5 |
ZP
Zimmer Partners
New York
|
-$115M |
OPTU Hedge Fund Activity: Q4 2020 in Review
348 of the 5,592 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q4 2020, worth a combined $10.6B — up 23% from $8.62B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of OPTU and 67 opened new positions — a net loss of 6 holders — while 160 trimmed existing stakes and 87 added.
The largest buyer was Egerton Capital (UK), opening a new position worth an estimated $227M. The largest seller was Citadel Advisors, cutting an estimated $263M.
- 348 institutional investors held Optimum Communications Inc (OPTU) as of Q4 2020, down from 356 in Q3 2020.
- Funds reported $10.6B of Optimum Communications Inc stock for Q4 2020, up 23% quarter-over-quarter.
- 67 funds opened new Optimum Communications Inc positions in Q4 2020 and 73 closed out, a net change of -6 holders.
- The largest Optimum Communications Inc buyer in Q4 2020 was Egerton Capital (UK), an estimated $227M added.
- The largest Optimum Communications Inc seller in Q4 2020 was Citadel Advisors, an estimated $263M sold.
Based on aggregated 13F filings for Q4 2020.