Octave Specialty Group
OSG
120 hedge funds and large institutions have $592M invested in Octave Specialty Group in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 41 reducing their positions, and 12 closing their positions.
91% more call options, than puts
Call options by funds: $3.39M | Put options by funds: $1.77M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
10% more capital invested
Capital invested by funds: $537M → $592M (+$55.7M)
10% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 41
5% less funds holding
Funds holding: 126 → 120 (-6)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Venor Capital Management
New York
|
+$12.3M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.05M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.71M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.51M |
| 5 |
GJL
Gendell Jeffrey L
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.76M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
-$8.15M |
| 3 |
Goldman Sachs
New York
|
-$3.07M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.85M |
| 5 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$2.49M |
OSG Hedge Fund Activity: Q3 2016 in Review
120 of the 3,710 institutional investors tracked by Wall St. Rank reported a position in Octave Specialty Group (OSG) for Q3 2016, worth a combined $592M — up 10% from $537M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of OSG and 7 opened new positions — a net loss of 5 holders — while 41 trimmed existing stakes and 37 added.
The largest buyer was Venor Capital Management, opening a new position worth an estimated $12.3M. The largest seller was Credit Suisse, cutting an estimated $9.76M.
- 120 institutional investors held Octave Specialty Group (OSG) as of Q3 2016, down from 126 in Q2 2016.
- Funds reported $592M of Octave Specialty Group stock for Q3 2016, up 10% quarter-over-quarter.
- 7 funds opened new Octave Specialty Group positions in Q3 2016 and 12 closed out, a net change of -5 holders.
- The largest Octave Specialty Group buyer in Q3 2016 was Venor Capital Management, an estimated $12.3M added.
- The largest Octave Specialty Group seller in Q3 2016 was Credit Suisse, an estimated $9.76M sold.
Based on aggregated 13F filings for Q3 2016.