Optimum Communications Inc
OPTU
370 hedge funds and large institutions have $4.79B invested in Optimum Communications Inc in 2021 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 126 increasing their positions, 125 reducing their positions, and 55 closing their positions.
55% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 55
13% more funds holding in top 10
Funds holding in top 10: 15 → 17 (+2)
8% more funds holding
Funds holding: 344 → 370 (+26)
1% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 125
6.5% less ownership
Funds ownership: 91.81% → 85.31% (-6.5%)
44% less capital invested
Capital invested by funds: $8.58B → $4.79B (-$3.79B)
51% less call options, than puts
Call options by funds: $145M | Put options by funds: $299M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$299M |
| 2 |
TGHSA
TPG Group Holdings (SBS) Advisors
Fort Worth,
Texas
|
+$211M |
| 3 |
HVCM
HG Vora Capital Management
New York
|
+$204M |
| 4 |
BlackRock
New York
|
+$79M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$72.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
-$922M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$347M |
| 3 |
ZP
Zimmer Partners
New York
|
-$236M |
| 4 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$206M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$130M |
OPTU Hedge Fund Activity: Q3 2021 in Review
370 of the 5,727 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q3 2021, worth a combined $4.79B — down 44% from $8.58B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new OPTU positions and 55 closed out — a net gain of 30 holders — while 126 added to existing stakes and 125 trimmed.
The largest buyer was Clarkston Capital Partners, adding an estimated $299M. The largest seller was Soroban Capital Partners, exiting entirely with an estimated $922M sold.
- 370 institutional investors held Optimum Communications Inc (OPTU) as of Q3 2021, up from 344 in Q2 2021.
- Funds reported $4.79B of Optimum Communications Inc stock for Q3 2021, down 44% quarter-over-quarter.
- 85 funds opened new Optimum Communications Inc positions in Q3 2021 and 55 closed out, a net change of +30 holders.
- The largest Optimum Communications Inc buyer in Q3 2021 was Clarkston Capital Partners, an estimated $299M added.
- The largest Optimum Communications Inc seller in Q3 2021 was Soroban Capital Partners, an estimated $922M sold.
Based on aggregated 13F filings for Q3 2021.