Octave Specialty Group
OSG
129 hedge funds and large institutions have $704M invested in Octave Specialty Group in 2019 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 37 reducing their positions, and 22 closing their positions.
946% more call options, than puts
Call options by funds: $22.7M | Put options by funds: $2.17M
41% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 37
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
12% more capital invested
Capital invested by funds: $630M → $704M (+$74.6M)
2.99% less ownership
Funds ownership: 82.09% → 79.1% (-3%)
4% less funds holding
Funds holding: 135 → 129 (-6)
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$15M |
| 2 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$4.72M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.98M |
| 4 |
BlackRock
New York
|
+$2.89M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$11.6M |
| 2 |
Man Group
London,
United Kingdom
|
-$5.15M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$4.48M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$3.75M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.74M |
OSG Hedge Fund Activity: Q3 2019 in Review
129 of the 4,573 institutional investors tracked by Wall St. Rank reported a position in Octave Specialty Group (OSG) for Q3 2019, worth a combined $704M — up 12% from $630M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of OSG and 16 opened new positions — a net loss of 6 holders — while 37 trimmed existing stakes and 52 added.
The largest buyer was Invesco, adding an estimated $15M. The largest seller was Raging Capital Management, cutting an estimated $11.6M.
- 129 institutional investors held Octave Specialty Group (OSG) as of Q3 2019, down from 135 in Q2 2019.
- Funds reported $704M of Octave Specialty Group stock for Q3 2019, up 12% quarter-over-quarter.
- 16 funds opened new Octave Specialty Group positions in Q3 2019 and 22 closed out, a net change of -6 holders.
- The largest Octave Specialty Group buyer in Q3 2019 was Invesco, an estimated $15M added.
- The largest Octave Specialty Group seller in Q3 2019 was Raging Capital Management, an estimated $11.6M sold.
Based on aggregated 13F filings for Q3 2019.