Optimum Communications Inc
OPTU
188 hedge funds and large institutions have $775M invested in Optimum Communications Inc in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 56 increasing their positions, 58 reducing their positions, and 28 closing their positions.
197% more call options, than puts
Call options by funds: $23.8M | Put options by funds: $8.01M
3% more capital invested
Capital invested by funds: $749M → $775M (+$26.1M)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
3% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 58
7% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 28
2% less funds holding
Funds holding: 191 → 188 (-3)
4.21% less ownership
Funds ownership: 91.83% → 87.62% (-4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
Diameter Capital Partners
New York
|
+$13.9M |
| 2 |
D.E. Shaw & Co
New York
|
+$10.7M |
| 3 |
Millennium Management
New York
|
+$8.52M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$4.29M |
| 5 |
Two Sigma Investments
New York
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Boundary Creek Advisors
New York
|
-$16M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$13M |
| 3 |
Morgan Stanley
New York
|
-$12.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.44M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$5.49M |
OPTU Hedge Fund Activity: Q3 2023 in Review
188 of the 6,309 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q3 2023, worth a combined $775M — up 3.5% from $749M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of OPTU and 26 opened new positions — a net loss of 2 holders — while 58 trimmed existing stakes and 56 added.
The largest buyer was Diameter Capital Partners, opening a new position worth an estimated $13.9M. The largest seller was Boundary Creek Advisors, cutting an estimated $16M.
- 188 institutional investors held Optimum Communications Inc (OPTU) as of Q3 2023, down from 191 in Q2 2023.
- Funds reported $775M of Optimum Communications Inc stock for Q3 2023, up 3.5% quarter-over-quarter.
- 26 funds opened new Optimum Communications Inc positions in Q3 2023 and 28 closed out, a net change of -2 holders.
- The largest Optimum Communications Inc buyer in Q3 2023 was Diameter Capital Partners, an estimated $13.9M added.
- The largest Optimum Communications Inc seller in Q3 2023 was Boundary Creek Advisors, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2023.