Optimum Communications Inc
OPTU
275 hedge funds and large institutions have $2.36B invested in Optimum Communications Inc in 2022 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 97 increasing their positions, 100 reducing their positions, and 67 closing their positions.
0.81% more ownership
Funds ownership: 93.56% → 94.37% (+0.81%)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
3% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 100
10% less call options, than puts
Call options by funds: $71.5M | Put options by funds: $79.7M
13% less funds holding
Funds holding: 317 → 275 (-42)
25% less capital invested
Capital invested by funds: $3.15B → $2.36B (-$794M)
52% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$39.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$39M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$33.4M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$16.9M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$29.6M |
| 2 |
BlackRock
New York
|
-$29M |
| 3 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$27.9M |
| 4 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$20.8M |
| 5 |
ZP
Zimmer Partners
New York
|
-$18.7M |
OPTU Hedge Fund Activity: Q2 2022 in Review
275 of the 5,958 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q2 2022, worth a combined $2.36B — down 25% from $3.15B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of OPTU and 32 opened new positions — a net loss of 35 holders — while 100 trimmed existing stakes and 97 added.
The largest buyer was Clarkston Capital Partners, adding an estimated $39.9M. The largest seller was Fidelity International, exiting entirely with an estimated $29.6M sold.
- 275 institutional investors held Optimum Communications Inc (OPTU) as of Q2 2022, down from 317 in Q1 2022.
- Funds reported $2.36B of Optimum Communications Inc stock for Q2 2022, down 25% quarter-over-quarter.
- 32 funds opened new Optimum Communications Inc positions in Q2 2022 and 67 closed out, a net change of -35 holders.
- The largest Optimum Communications Inc buyer in Q2 2022 was Clarkston Capital Partners, an estimated $39.9M added.
- The largest Optimum Communications Inc seller in Q2 2022 was Fidelity International, an estimated $29.6M sold.
Based on aggregated 13F filings for Q2 2022.