Optimum Communications Inc
OPTU
169 hedge funds and large institutions have $507M invested in Optimum Communications Inc in 2024 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 34 increasing their positions, 59 reducing their positions, and 27 closing their positions.
499% more call options, than puts
Call options by funds: $6.45M | Put options by funds: $1.08M
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
22% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 27
2% more funds holding
Funds holding: 165 → 169 (+4)
0.32% more ownership
Funds ownership: 89.75% → 90.07% (+0.32%)
23% less capital invested
Capital invested by funds: $657M → $507M (-$151M)
42% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Apollo Management Holdings
New York
|
+$17.1M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$13.2M |
| 3 |
DCP
Diameter Capital Partners
New York
|
+$9.24M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.47M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TGA
TPG GP A
Fort Worth,
Texas
|
-$17.2M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
-$12.5M |
| 3 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$6.5M |
| 4 |
D.E. Shaw & Co
New York
|
-$4.97M |
| 5 |
BlackRock
New York
|
-$4.85M |
OPTU Hedge Fund Activity: Q2 2024 in Review
169 of the 6,934 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q2 2024, worth a combined $507M — down 23% from $657M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new OPTU positions and 27 closed out — a net gain of 6 holders — while 34 added to existing stakes and 59 trimmed.
The largest buyer was Apollo Management Holdings, adding an estimated $17.1M. The largest seller was TPG GP A, exiting entirely with an estimated $17.2M sold.
- 169 institutional investors held Optimum Communications Inc (OPTU) as of Q2 2024, up from 165 in Q1 2024.
- Funds reported $507M of Optimum Communications Inc stock for Q2 2024, down 23% quarter-over-quarter.
- 33 funds opened new Optimum Communications Inc positions in Q2 2024 and 27 closed out, a net change of +6 holders.
- The largest Optimum Communications Inc buyer in Q2 2024 was Apollo Management Holdings, an estimated $17.1M added.
- The largest Optimum Communications Inc seller in Q2 2024 was TPG GP A, an estimated $17.2M sold.
Based on aggregated 13F filings for Q2 2024.