Octave Specialty Group
OSG
150 hedge funds and large institutions have $738M invested in Octave Specialty Group in 2016 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 44 increasing their positions, 30 reducing their positions, and 10 closing their positions.
310% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 10
256% more call options, than puts
Call options by funds: $17.4M | Put options by funds: $4.89M
72.68% more ownership
Funds ownership: 0% → 72.68% (+73%)
47% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 30
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
25% more funds holding
Funds holding: 120 → 150 (+30)
25% more capital invested
Capital invested by funds: $592M → $738M (+$146M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Venor Capital Management
New York
|
+$8.55M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$8.47M |
| 3 |
Morgan Stanley
New York
|
+$7.14M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$41M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$22.3M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$7.76M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.43M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$4.04M |
OSG Hedge Fund Activity: Q4 2016 in Review
150 institutional investors reported a position in Octave Specialty Group (OSG) for Q4 2016, worth a combined $738M — up 25% from $592M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new OSG positions and 10 closed out — a net gain of 31 holders — while 44 added to existing stakes and 30 trimmed.
The largest buyer was Venor Capital Management, adding an estimated $8.55M. The largest seller was Canyon Capital Advisors, cutting an estimated $41M.
- 150 institutional investors held Octave Specialty Group (OSG) as of Q4 2016, up from 120 in Q3 2016.
- Funds reported $738M of Octave Specialty Group stock for Q4 2016, up 25% quarter-over-quarter.
- 41 funds opened new Octave Specialty Group positions in Q4 2016 and 10 closed out, a net change of +31 holders.
- The largest Octave Specialty Group buyer in Q4 2016 was Venor Capital Management, an estimated $8.55M added.
- The largest Octave Specialty Group seller in Q4 2016 was Canyon Capital Advisors, an estimated $41M sold.
Based on aggregated 13F filings for Q4 2016.