Octave Specialty Group
OSG
118 hedge funds and large institutions have $767M invested in Octave Specialty Group in 2014 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 38 increasing their positions, 39 reducing their positions, and 23 closing their positions.
124% more call options, than puts
Call options by funds: $41.1M | Put options by funds: $18.4M
3% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 39
6% less funds holding
Funds holding: 125 → 118 (-7)
23% less capital invested
Capital invested by funds: $990M → $767M (-$223M)
30% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 23
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$17.5M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$15.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.21M |
| 4 |
Barclays
London,
United Kingdom
|
+$7.08M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
-$43.7M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$12.3M |
| 3 |
AGCJ
Alden Global Capital (Jersey)
St. Helier,
Jersey
|
-$11.1M |
| 4 |
VCM
Venor Capital Management
New York
|
-$10.6M |
| 5 |
ACM
Archer Capital Management
New York
|
-$10.5M |
OSG Hedge Fund Activity: Q3 2014 in Review
118 of the 3,407 institutional investors tracked by Wall St. Rank reported a position in Octave Specialty Group (OSG) for Q3 2014, worth a combined $767M — down 23% from $990M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of OSG and 16 opened new positions — a net loss of 7 holders — while 39 trimmed existing stakes and 38 added.
The largest buyer was Whitebox Advisors, adding an estimated $17.5M. The largest seller was York Capital Management Global Advisors, exiting entirely with an estimated $43.7M sold.
- 118 institutional investors held Octave Specialty Group (OSG) as of Q3 2014, down from 125 in Q2 2014.
- Funds reported $767M of Octave Specialty Group stock for Q3 2014, down 23% quarter-over-quarter.
- 16 funds opened new Octave Specialty Group positions in Q3 2014 and 23 closed out, a net change of -7 holders.
- The largest Octave Specialty Group buyer in Q3 2014 was Whitebox Advisors, an estimated $17.5M added.
- The largest Octave Specialty Group seller in Q3 2014 was York Capital Management Global Advisors, an estimated $43.7M sold.
Based on aggregated 13F filings for Q3 2014.