Octave Specialty Group
OSG
150 hedge funds and large institutions have $728M invested in Octave Specialty Group in 2018 Q2 according to their latest regulatory filings, with 51 funds opening new positions, 45 increasing their positions, 29 reducing their positions, and 17 closing their positions.
200% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 17
128% more call options, than puts
Call options by funds: $29.3M | Put options by funds: $12.8M
55% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 29
35% more capital invested
Capital invested by funds: $538M → $728M (+$190M)
29% more funds holding
Funds holding: 116 → 150 (+34)
5.06% more ownership
Funds ownership: 75.85% → 80.91% (+5.1%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$15.5M |
| 2 |
Man Group
London,
United Kingdom
|
+$14.2M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$10.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$6.74M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$6.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$18.9M |
| 2 |
SC
Sessa Capital
New York
|
-$16.6M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$15.6M |
| 4 |
CP
Centerbridge Partners
New York
|
-$12M |
| 5 |
EC
EJF Capital
Arlington,
Virginia
|
-$10.9M |
OSG Hedge Fund Activity: Q2 2018 in Review
150 institutional investors reported a position in Octave Specialty Group (OSG) for Q2 2018, worth a combined $728M — up 35% from $538M a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new OSG positions and 17 closed out — a net gain of 34 holders — while 45 added to existing stakes and 29 trimmed.
The largest buyer was Rubric Capital Management (New York), adding an estimated $15.5M. The largest seller was Nomura Holdings, cutting an estimated $18.9M.
- 150 institutional investors held Octave Specialty Group (OSG) as of Q2 2018, up from 116 in Q1 2018.
- Funds reported $728M of Octave Specialty Group stock for Q2 2018, up 35% quarter-over-quarter.
- 51 funds opened new Octave Specialty Group positions in Q2 2018 and 17 closed out, a net change of +34 holders.
- The largest Octave Specialty Group buyer in Q2 2018 was Rubric Capital Management (New York), an estimated $15.5M added.
- The largest Octave Specialty Group seller in Q2 2018 was Nomura Holdings, an estimated $18.9M sold.
Based on aggregated 13F filings for Q2 2018.