Octave Specialty Group
OSG
115 hedge funds and large institutions have $511M invested in Octave Specialty Group in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 37 reducing their positions, and 21 closing their positions.
23% more call options, than puts
Call options by funds: $678K | Put options by funds: $550K
11% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 37
5% more capital invested
Capital invested by funds: $486M → $511M (+$25.2M)
9% less funds holding
Funds holding: 127 → 115 (-12)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
52% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$12.6M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.02M |
| 3 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$3M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$2.52M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$9.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.81M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$7.03M |
| 4 |
Millennium Management
New York
|
-$5.84M |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$5.46M |
OSG Hedge Fund Activity: Q1 2016 in Review
115 of the 3,674 institutional investors tracked by Wall St. Rank reported a position in Octave Specialty Group (OSG) for Q1 2016, worth a combined $511M — up 5.2% from $486M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of OSG and 10 opened new positions — a net loss of 11 holders — while 37 trimmed existing stakes and 41 added.
The largest buyer was Goldman Sachs, adding an estimated $12.6M. The largest seller was Fir Tree Capital Management, cutting an estimated $9.2M.
- 115 institutional investors held Octave Specialty Group (OSG) as of Q1 2016, down from 127 in Q4 2015.
- Funds reported $511M of Octave Specialty Group stock for Q1 2016, up 5.2% quarter-over-quarter.
- 10 funds opened new Octave Specialty Group positions in Q1 2016 and 21 closed out, a net change of -11 holders.
- The largest Octave Specialty Group buyer in Q1 2016 was Goldman Sachs, an estimated $12.6M added.
- The largest Octave Specialty Group seller in Q1 2016 was Fir Tree Capital Management, an estimated $9.2M sold.
Based on aggregated 13F filings for Q1 2016.