Old Republic International
ORI
407 hedge funds and large institutions have $3.27B invested in Old Republic International in 2020 Q3 according to their latest regulatory filings, with 54 funds opening new positions, 124 increasing their positions, 155 reducing their positions, and 47 closing their positions.
15% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 47
1% more funds holding
Funds holding: 401 → 407 (+6)
10% less call options, than puts
Call options by funds: $4.31M | Put options by funds: $4.76M
1.23% less ownership
Funds ownership: 74.74% → 73.51% (-1.2%)
12% less capital invested
Capital invested by funds: $3.7B → $3.27B (-$430M)
20% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 155
100% less funds holding in top 10
Funds holding in top 10: 4 → 0 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$22.5M |
| 2 |
Goldman Sachs
New York
|
+$22.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$20.9M |
| 4 |
Two Sigma Investments
New York
|
+$20.3M |
| 5 |
Two Sigma Advisers
New York
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$58M |
| 2 |
BlackRock
New York
|
-$39.9M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$39.6M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$29.3M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$21M |
ORI Hedge Fund Activity: Q3 2020 in Review
407 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Old Republic International (ORI) for Q3 2020, worth a combined $3.27B — down 12% from $3.7B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new ORI positions and 47 closed out — a net gain of 7 holders — while 124 added to existing stakes and 155 trimmed.
The largest buyer was Vaughan Nelson Investment Management, adding an estimated $22.5M. The largest seller was Fidelity Investments, cutting an estimated $58M.
- 407 institutional investors held Old Republic International (ORI) as of Q3 2020, up from 401 in Q2 2020.
- Funds reported $3.27B of Old Republic International stock for Q3 2020, down 12% quarter-over-quarter.
- 54 funds opened new Old Republic International positions in Q3 2020 and 47 closed out, a net change of +7 holders.
- The largest Old Republic International buyer in Q3 2020 was Vaughan Nelson Investment Management, an estimated $22.5M added.
- The largest Old Republic International seller in Q3 2020 was Fidelity Investments, an estimated $58M sold.
Based on aggregated 13F filings for Q3 2020.