Octave Specialty Group
OSG
125 hedge funds and large institutions have $990M invested in Octave Specialty Group in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 46 reducing their positions, and 26 closing their positions.
35% more call options, than puts
Call options by funds: $16.9M | Put options by funds: $12.4M
7% less funds holding
Funds holding: 134 → 125 (-9)
11% less capital invested
Capital invested by funds: $1.11B → $990M (-$121M)
20% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 46
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
47% less funds holding in top 10
Funds holding in top 10: 15 → 8 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$20.2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$12.9M |
| 3 |
SCI
Seneca Capital Investments
New York
|
+$12.2M |
| 4 |
YCMGA
York Capital Management Global Advisors
New York
|
+$11.6M |
| 5 |
ACM
Archer Capital Management
New York
|
+$9.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
-$20.7M |
| 2 |
SCM
SkyTop Capital Management
Rutherford,
New Jersey
|
-$13.4M |
| 3 |
CC
Caspian Capital
New York
|
-$9.71M |
| 4 |
APCM
Arbiter Partners Capital Management
New York
|
-$7.56M |
| 5 |
Two Sigma Investments
New York
|
-$6.35M |
OSG Hedge Fund Activity: Q2 2014 in Review
125 of the 3,444 institutional investors tracked by Wall St. Rank reported a position in Octave Specialty Group (OSG) for Q2 2014, worth a combined $990M — down 11% from $1.11B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of OSG and 18 opened new positions — a net loss of 8 holders — while 46 trimmed existing stakes and 37 added.
The largest buyer was Credit Suisse, adding an estimated $20.2M. The largest seller was Jefferies Group, cutting an estimated $20.7M.
- 125 institutional investors held Octave Specialty Group (OSG) as of Q2 2014, down from 134 in Q1 2014.
- Funds reported $990M of Octave Specialty Group stock for Q2 2014, down 11% quarter-over-quarter.
- 18 funds opened new Octave Specialty Group positions in Q2 2014 and 26 closed out, a net change of -8 holders.
- The largest Octave Specialty Group buyer in Q2 2014 was Credit Suisse, an estimated $20.2M added.
- The largest Octave Specialty Group seller in Q2 2014 was Jefferies Group, an estimated $20.7M sold.
Based on aggregated 13F filings for Q2 2014.