Optimum Communications Inc
OPTU
165 hedge funds and large institutions have $609M invested in Optimum Communications Inc in 2024 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 50 increasing their positions, 49 reducing their positions, and 31 closing their positions.
224% more call options, than puts
Call options by funds: $33.5M | Put options by funds: $10.3M
20% more capital invested
Capital invested by funds: $507M → $609M (+$102M)
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
2% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 49
0.57% less ownership
Funds ownership: 90.07% → 89.5% (-0.57%)
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
2% less funds holding
Funds holding: 169 → 165 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$21.2M |
| 2 |
DCP
Diameter Capital Partners
New York
|
+$13.3M |
| 3 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
+$12.6M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.9M |
| 5 |
1SP
140 Summer Partners
New York
|
+$7.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$58.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.3M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$11.4M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$7.16M |
| 5 |
Morgan Stanley
New York
|
-$6.02M |
OPTU Hedge Fund Activity: Q3 2024 in Review
165 of the 6,977 institutional investors tracked by Wall St. Rank reported a position in Optimum Communications Inc (OPTU) for Q3 2024, worth a combined $609M — up 20% from $507M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of OPTU and 28 opened new positions — a net loss of 3 holders — while 49 trimmed existing stakes and 50 added.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $21.2M. The largest seller was Clarkston Capital Partners, cutting an estimated $58.6M.
- 165 institutional investors held Optimum Communications Inc (OPTU) as of Q3 2024, down from 169 in Q2 2024.
- Funds reported $609M of Optimum Communications Inc stock for Q3 2024, up 20% quarter-over-quarter.
- 28 funds opened new Optimum Communications Inc positions in Q3 2024 and 31 closed out, a net change of -3 holders.
- The largest Optimum Communications Inc buyer in Q3 2024 was Nomura Holdings, an estimated $21.2M added.
- The largest Optimum Communications Inc seller in Q3 2024 was Clarkston Capital Partners, an estimated $58.6M sold.
Based on aggregated 13F filings for Q3 2024.