Optimum Communications Inc
OPTU
285 hedge funds and large institutions have $1.54B invested in Optimum Communications Inc in 2022 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 96 increasing their positions, 87 reducing their positions, and 44 closing their positions.
25% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 44
23% more call options, than puts
Call options by funds: $62.1M | Put options by funds: $50.6M
10% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 87
4% more funds holding
Funds holding: 275 → 285 (+10)
2.49% more ownership
Funds ownership: 94.37% → 96.86% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
35% less capital invested
Capital invested by funds: $2.36B → $1.54B (-$823M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$45.5M |
| 2 |
DCP
Diameter Capital Partners
New York
|
+$34.5M |
| 3 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$31.4M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$25.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$19.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$72M |
| 2 |
D.E. Shaw & Co
New York
|
-$22.8M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$19M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$18.6M |
| 5 |
PIC
Portland Investment Counsel
Burlington,
Ontario, Canada
|
-$16.6M |
OPTU Hedge Fund Activity: Q3 2022 in Review
285 of the 5,827 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q3 2022, worth a combined $1.54B — down 35% from $2.36B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new OPTU positions and 44 closed out — a net gain of 11 holders — while 96 added to existing stakes and 87 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $45.5M. The largest seller was Barrow, Hanley, Mewhinney & Strauss, cutting an estimated $72M.
- 285 institutional investors held Optimum Communications Inc (OPTU) as of Q3 2022, up from 275 in Q2 2022.
- Funds reported $1.54B of Optimum Communications Inc stock for Q3 2022, down 35% quarter-over-quarter.
- 55 funds opened new Optimum Communications Inc positions in Q3 2022 and 44 closed out, a net change of +11 holders.
- The largest Optimum Communications Inc buyer in Q3 2022 was Laurion Capital Management, an estimated $45.5M added.
- The largest Optimum Communications Inc seller in Q3 2022 was Barrow, Hanley, Mewhinney & Strauss, an estimated $72M sold.
Based on aggregated 13F filings for Q3 2022.