Optimum Communications Inc
OPTU
317 hedge funds and large institutions have $3.15B invested in Optimum Communications Inc in 2022 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 126 increasing their positions, 102 reducing their positions, and 82 closing their positions.
164% more call options, than puts
Call options by funds: $145M | Put options by funds: $54.8M
24% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 102
4.51% more ownership
Funds ownership: 89.05% → 93.56% (+4.5%)
10% less funds holding
Funds holding: 352 → 317 (-35)
19% less capital invested
Capital invested by funds: $3.9B → $3.15B (-$749M)
29% less funds holding in top 10
Funds holding in top 10: 17 → 12 (-5)
39% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$95.5M |
| 2 |
HVCM
HG Vora Capital Management
New York
|
+$66.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$63.4M |
| 4 |
Barclays
London,
United Kingdom
|
+$61.1M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$31.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHRC
W.H. Reaves & Co
Jersey City,
New Jersey
|
-$56.4M |
| 2 |
Millennium Management
New York
|
-$36M |
| 3 |
SCM
Simcoe Capital Management
New York
|
-$32.6M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$29.7M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$28.9M |
OPTU Hedge Fund Activity: Q1 2022 in Review
317 of the 6,359 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q1 2022, worth a combined $3.15B — down 19% from $3.9B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of OPTU and 50 opened new positions — a net loss of 32 holders — while 102 trimmed existing stakes and 126 added.
The largest buyer was Clarkston Capital Partners, adding an estimated $95.5M. The largest seller was W.H. Reaves & Co, cutting an estimated $56.4M.
- 317 institutional investors held Optimum Communications Inc (OPTU) as of Q1 2022, down from 352 in Q4 2021.
- Funds reported $3.15B of Optimum Communications Inc stock for Q1 2022, down 19% quarter-over-quarter.
- 50 funds opened new Optimum Communications Inc positions in Q1 2022 and 82 closed out, a net change of -32 holders.
- The largest Optimum Communications Inc buyer in Q1 2022 was Clarkston Capital Partners, an estimated $95.5M added.
- The largest Optimum Communications Inc seller in Q1 2022 was W.H. Reaves & Co, an estimated $56.4M sold.
Based on aggregated 13F filings for Q1 2022.