Optimum Communications Inc
OPTU
253 hedge funds and large institutions have $1.15B invested in Optimum Communications Inc in 2022 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 97 increasing their positions, 76 reducing their positions, and 71 closing their positions.
112% more call options, than puts
Call options by funds: $59.5M | Put options by funds: $28M
28% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 76
4% less ownership
Funds ownership: 96.86% → 92.86% (-4%)
11% less funds holding
Funds holding: 285 → 253 (-32)
25% less capital invested
Capital invested by funds: $1.54B → $1.15B (-$382M)
38% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 71
42% less funds holding in top 10
Funds holding in top 10: 12 → 7 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$49.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$26M |
| 3 |
RCM
Redwood Capital Management
New York
|
+$21.9M |
| 4 |
Barclays
London,
United Kingdom
|
+$21.1M |
| 5 |
BG
Baupost Group
Boston,
Massachusetts
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HVCM
HG Vora Capital Management
New York
|
-$87.5M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$63.6M |
| 3 |
NTCM
Nut Tree Capital Management
New York
|
-$23.3M |
| 4 |
DCP
Diameter Capital Partners
New York
|
-$21M |
| 5 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$17.7M |
OPTU Hedge Fund Activity: Q4 2022 in Review
253 of the 6,236 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q4 2022, worth a combined $1.15B — down 25% from $1.54B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of OPTU and 44 opened new positions — a net loss of 27 holders — while 76 trimmed existing stakes and 97 added.
The largest buyer was AQR Capital Management, adding an estimated $49.7M. The largest seller was HG Vora Capital Management, exiting entirely with an estimated $87.5M sold.
- 253 institutional investors held Optimum Communications Inc (OPTU) as of Q4 2022, down from 285 in Q3 2022.
- Funds reported $1.15B of Optimum Communications Inc stock for Q4 2022, down 25% quarter-over-quarter.
- 44 funds opened new Optimum Communications Inc positions in Q4 2022 and 71 closed out, a net change of -27 holders.
- The largest Optimum Communications Inc buyer in Q4 2022 was AQR Capital Management, an estimated $49.7M added.
- The largest Optimum Communications Inc seller in Q4 2022 was HG Vora Capital Management, an estimated $87.5M sold.
Based on aggregated 13F filings for Q4 2022.