Optimum Communications Inc
OPTU
179 hedge funds and large institutions have $769M invested in Optimum Communications Inc in 2023 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 60 increasing their positions, 56 reducing their positions, and 33 closing their positions.
236% more call options, than puts
Call options by funds: $25.5M | Put options by funds: $7.58M
7% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 56
0.1% less ownership
Funds ownership: 87.62% → 87.52% (-0.1%)
1% less capital invested
Capital invested by funds: $775M → $769M (-$5.68M)
5% less funds holding
Funds holding: 188 → 179 (-9)
18% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 33
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$15M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$11M |
| 3 |
Morgan Stanley
New York
|
+$7.08M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.92M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$4.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$18.2M |
| 2 |
RCM
Redwood Capital Management
New York
|
-$14.8M |
| 3 |
DCP
Diameter Capital Partners
New York
|
-$14.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$10.1M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$6.63M |
OPTU Hedge Fund Activity: Q4 2023 in Review
179 of the 6,868 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q4 2023, worth a combined $769M — down 0.73% from $775M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of OPTU and 27 opened new positions — a net loss of 6 holders — while 56 trimmed existing stakes and 60 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $15M. The largest seller was AQR Capital Management, cutting an estimated $18.2M.
- 179 institutional investors held Optimum Communications Inc (OPTU) as of Q4 2023, down from 188 in Q3 2023.
- Funds reported $769M of Optimum Communications Inc stock for Q4 2023, down 0.73% quarter-over-quarter.
- 27 funds opened new Optimum Communications Inc positions in Q4 2023 and 33 closed out, a net change of -6 holders.
- The largest Optimum Communications Inc buyer in Q4 2023 was D.E. Shaw & Co, an estimated $15M added.
- The largest Optimum Communications Inc seller in Q4 2023 was AQR Capital Management, an estimated $18.2M sold.
Based on aggregated 13F filings for Q4 2023.