Optimum Communications Inc
OPTU
344 hedge funds and large institutions have $8.58B invested in Optimum Communications Inc in 2021 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 114 increasing their positions, 141 reducing their positions, and 41 closing their positions.
15% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 41
1% more funds holding
Funds holding: 340 → 344 (+4)
1.14% more ownership
Funds ownership: 90.67% → 91.81% (+1.1%)
0% more capital invested
Capital invested by funds: $8.57B → $8.58B (+$14.5M)
19% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 141
29% less funds holding in top 10
Funds holding in top 10: 21 → 15 (-6)
56% less call options, than puts
Call options by funds: $96.6M | Put options by funds: $217M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$234M |
| 2 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$126M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$70.9M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$67.3M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$39.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
-$140M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
-$124M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$105M |
| 4 |
BlackRock
New York
|
-$70.9M |
| 5 |
SHCM
Sachem Head Capital Management
New York
|
-$70.9M |
OPTU Hedge Fund Activity: Q2 2021 in Review
344 of the 5,766 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q2 2021, worth a combined $8.58B — up 0.17% from $8.57B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new OPTU positions and 41 closed out — a net gain of 6 holders — while 114 added to existing stakes and 141 trimmed.
The largest buyer was Barrow, Hanley, Mewhinney & Strauss, adding an estimated $234M. The largest seller was Soroban Capital Partners, cutting an estimated $140M.
- 344 institutional investors held Optimum Communications Inc (OPTU) as of Q2 2021, up from 340 in Q1 2021.
- Funds reported $8.58B of Optimum Communications Inc stock for Q2 2021, up 0.17% quarter-over-quarter.
- 47 funds opened new Optimum Communications Inc positions in Q2 2021 and 41 closed out, a net change of +6 holders.
- The largest Optimum Communications Inc buyer in Q2 2021 was Barrow, Hanley, Mewhinney & Strauss, an estimated $234M added.
- The largest Optimum Communications Inc seller in Q2 2021 was Soroban Capital Partners, an estimated $140M sold.
Based on aggregated 13F filings for Q2 2021.