Octave Specialty Group
OSG
115 hedge funds and large institutions have $589M invested in Octave Specialty Group in 2013 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 39 increasing their positions, 25 reducing their positions, and 18 closing their positions.
511% more call options, than puts
Call options by funds: $5.15M | Put options by funds: $843K
89% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 18
56% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 25
16% more funds holding
Funds holding: 99 → 115 (+16)
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
22% less capital invested
Capital invested by funds: $752M → $589M (-$163M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
+$18.1M |
| 2 |
RA
Royce & Associates
New York
|
+$14.8M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$14.6M |
| 4 |
BP
Boston Provident
Englewood,
New Jersey
|
+$13.1M |
| 5 |
FS
Feinberg Stephen
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$25.7M |
| 2 |
ACG
Anchorage Capital Group
New York
|
-$19.2M |
| 3 |
BPM
Bronson Point Management
Fairfield,
Connecticut
|
-$14.6M |
| 4 |
YCMGA
York Capital Management Global Advisors
New York
|
-$11.4M |
| 5 |
EGM
Espalier Global Management
New York
|
-$9.89M |
OSG Hedge Fund Activity: Q3 2013 in Review
115 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Octave Specialty Group (OSG) for Q3 2013, worth a combined $589M — down 22% from $752M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new OSG positions and 18 closed out — a net gain of 16 holders — while 39 added to existing stakes and 25 trimmed.
The largest buyer was Alden Global Capital (Jersey), adding an estimated $18.1M. The largest seller was UBS, cutting an estimated $25.7M.
- 115 institutional investors held Octave Specialty Group (OSG) as of Q3 2013, up from 99 in Q2 2013.
- Funds reported $589M of Octave Specialty Group stock for Q3 2013, down 22% quarter-over-quarter.
- 34 funds opened new Octave Specialty Group positions in Q3 2013 and 18 closed out, a net change of +16 holders.
- The largest Octave Specialty Group buyer in Q3 2013 was Alden Global Capital (Jersey), an estimated $18.1M added.
- The largest Octave Specialty Group seller in Q3 2013 was UBS, an estimated $25.7M sold.
Based on aggregated 13F filings for Q3 2013.