Old Republic International
ORI
308 hedge funds and large institutions have $2.87B invested in Old Republic International in 2015 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 112 increasing their positions, 89 reducing their positions, and 20 closing their positions.
482% more call options, than puts
Call options by funds: $4.04M | Put options by funds: $695K
135% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 20
26% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 89
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% more funds holding
Funds holding: 282 → 308 (+26)
3% less capital invested
Capital invested by funds: $2.95B → $2.87B (-$80.1M)
2.05% less ownership
Funds ownership: 72.26% → 70.22% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$21.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$12.3M |
| 3 |
Millennium Management
New York
|
+$11.3M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$7.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$77M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$29.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$25M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$13.4M |
| 5 |
First Manhattan
New York
|
-$12.5M |
ORI Hedge Fund Activity: Q3 2015 in Review
308 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Old Republic International (ORI) for Q3 2015, worth a combined $2.87B — down 2.7% from $2.95B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new ORI positions and 20 closed out — a net gain of 27 holders — while 112 added to existing stakes and 89 trimmed.
The largest buyer was Maverick Capital, adding an estimated $21.2M. The largest seller was JP Morgan Chase, cutting an estimated $77M.
- 308 institutional investors held Old Republic International (ORI) as of Q3 2015, up from 282 in Q2 2015.
- Funds reported $2.87B of Old Republic International stock for Q3 2015, down 2.7% quarter-over-quarter.
- 47 funds opened new Old Republic International positions in Q3 2015 and 20 closed out, a net change of +27 holders.
- The largest Old Republic International buyer in Q3 2015 was Maverick Capital, an estimated $21.2M added.
- The largest Old Republic International seller in Q3 2015 was JP Morgan Chase, an estimated $77M sold.
Based on aggregated 13F filings for Q3 2015.