Octave Specialty Group
OSG
129 hedge funds and large institutions have $575M invested in Octave Specialty Group in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 38 reducing their positions, and 31 closing their positions.
603% more call options, than puts
Call options by funds: $39.6M | Put options by funds: $5.64M
13% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
0.45% less ownership
Funds ownership: 73.76% → 73.3% (-0.45%)
9% less capital invested
Capital invested by funds: $629M → $575M (-$54M)
12% less funds holding
Funds holding: 146 → 129 (-17)
52% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$12.5M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$7.38M |
| 3 |
Millennium Management
New York
|
+$7.11M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$4.77M |
| 5 |
Renaissance Technologies
New York
|
+$4.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$12.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$6.96M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.04M |
| 4 |
SC
Sessa Capital
New York
|
-$4.97M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.12M |
OSG Hedge Fund Activity: Q2 2017 in Review
129 of the 3,956 institutional investors tracked by Wall St. Rank reported a position in Octave Specialty Group (OSG) for Q2 2017, worth a combined $575M — down 8.6% from $629M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of OSG and 15 opened new positions — a net loss of 16 holders — while 38 trimmed existing stakes and 43 added.
The largest buyer was Raging Capital Management, adding an estimated $12.5M. The largest seller was Robeco Institutional Asset Management, exiting entirely with an estimated $12.1M sold.
- 129 institutional investors held Octave Specialty Group (OSG) as of Q2 2017, down from 146 in Q1 2017.
- Funds reported $575M of Octave Specialty Group stock for Q2 2017, down 8.6% quarter-over-quarter.
- 15 funds opened new Octave Specialty Group positions in Q2 2017 and 31 closed out, a net change of -16 holders.
- The largest Octave Specialty Group buyer in Q2 2017 was Raging Capital Management, an estimated $12.5M added.
- The largest Octave Specialty Group seller in Q2 2017 was Robeco Institutional Asset Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q2 2017.