Octave Specialty Group
OSG
150 hedge funds and large institutions have $657M invested in Octave Specialty Group in 2018 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 53 increasing their positions, 48 reducing their positions, and 29 closing their positions.
416% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $2.87M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
10% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 48
6.1% more ownership
Funds ownership: 77.98% → 84.09% (+6.1%)
4% less funds holding
Funds holding: 157 → 150 (-7)
9% less capital invested
Capital invested by funds: $722M → $657M (-$64.6M)
24% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$73.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$45.8M |
| 3 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$20.8M |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$5.84M |
| 5 |
Morgan Stanley
New York
|
+$3.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$24.4M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$12.7M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$12.5M |
| 4 |
SC
Sessa Capital
New York
|
-$11.1M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.88M |
OSG Hedge Fund Activity: Q4 2018 in Review
150 of the 4,504 institutional investors tracked by Wall St. Rank reported a position in Octave Specialty Group (OSG) for Q4 2018, worth a combined $657M — down 8.9% from $722M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of OSG and 22 opened new positions — a net loss of 7 holders — while 48 trimmed existing stakes and 53 added.
The largest buyer was BlackRock, adding an estimated $73.8M. The largest seller was Goldman Sachs, cutting an estimated $24.4M.
- 150 institutional investors held Octave Specialty Group (OSG) as of Q4 2018, down from 157 in Q3 2018.
- Funds reported $657M of Octave Specialty Group stock for Q4 2018, down 8.9% quarter-over-quarter.
- 22 funds opened new Octave Specialty Group positions in Q4 2018 and 29 closed out, a net change of -7 holders.
- The largest Octave Specialty Group buyer in Q4 2018 was BlackRock, an estimated $73.8M added.
- The largest Octave Specialty Group seller in Q4 2018 was Goldman Sachs, an estimated $24.4M sold.
Based on aggregated 13F filings for Q4 2018.