Octave Specialty Group
OSG
118 hedge funds and large institutions have $544M invested in Octave Specialty Group in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 34 increasing their positions, 39 reducing their positions, and 23 closing their positions.
592% more call options, than puts
Call options by funds: $28.8M | Put options by funds: $4.16M
5% more ownership
Funds ownership: 70.18% → 75.18% (+5%)
1% less capital invested
Capital invested by funds: $548M → $544M (-$4.53M)
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
2% less funds holding
Funds holding: 120 → 118 (-2)
13% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 39
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$22.2M |
| 2 |
SC
Sessa Capital
New York
|
+$21.5M |
| 3 |
Citigroup
New York
|
+$12.7M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$6.35M |
| 5 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Alden Global Capital
Brandon,
Florida
|
-$18M |
| 2 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
-$14.6M |
| 3 |
Millennium Management
New York
|
-$10.2M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.32M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.61M |
OSG Hedge Fund Activity: Q4 2017 in Review
118 institutional investors reported a position in Octave Specialty Group (OSG) for Q4 2017, worth a combined $544M — down 0.83% from $548M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of OSG and 22 opened new positions — a net loss of 1 holder — while 39 trimmed existing stakes and 34 added.
The largest buyer was Bank of America, adding an estimated $22.2M. The largest seller was Alden Global Capital, exiting entirely with an estimated $18M sold.
- 118 institutional investors held Octave Specialty Group (OSG) as of Q4 2017, down from 120 in Q3 2017.
- Funds reported $544M of Octave Specialty Group stock for Q4 2017, down 0.83% quarter-over-quarter.
- 22 funds opened new Octave Specialty Group positions in Q4 2017 and 23 closed out, a net change of -1 holder.
- The largest Octave Specialty Group buyer in Q4 2017 was Bank of America, an estimated $22.2M added.
- The largest Octave Specialty Group seller in Q4 2017 was Alden Global Capital, an estimated $18M sold.
Based on aggregated 13F filings for Q4 2017.