Octave Specialty Group
OSG
133 hedge funds and large institutions have $468M invested in Octave Specialty Group in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 46 reducing their positions, and 19 closing their positions.
652% more call options, than puts
Call options by funds: $9.13M | Put options by funds: $1.21M
1.63% less ownership
Funds ownership: 81.68% → 80.04% (-1.6%)
4% less funds holding
Funds holding: 139 → 133 (-6)
11% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 46
13% less capital invested
Capital invested by funds: $535M → $468M (-$67.3M)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$9.4M |
| 2 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$6M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$4.45M |
| 4 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
+$2.91M |
| 5 |
Goldman Sachs
New York
|
+$2.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
-$24.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$6.11M |
| 3 |
WSL
Western Standard LLC
Los Angeles,
California
|
-$4.27M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$1.89M |
| 5 |
M
MRCap
Roslyn,
New York
|
-$1.79M |
OSG Hedge Fund Activity: Q3 2020 in Review
133 of the 4,969 institutional investors tracked by Wall St. Rank reported a position in Octave Specialty Group (OSG) for Q3 2020, worth a combined $468M — down 13% from $535M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of OSG and 13 opened new positions — a net loss of 6 holders — while 46 trimmed existing stakes and 41 added.
The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, adding an estimated $9.4M. The largest seller was Mirabella Financial Services, exiting entirely with an estimated $24.3M sold.
- 133 institutional investors held Octave Specialty Group (OSG) as of Q3 2020, down from 139 in Q2 2020.
- Funds reported $468M of Octave Specialty Group stock for Q3 2020, down 13% quarter-over-quarter.
- 13 funds opened new Octave Specialty Group positions in Q3 2020 and 19 closed out, a net change of -6 holders.
- The largest Octave Specialty Group buyer in Q3 2020 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $9.4M added.
- The largest Octave Specialty Group seller in Q3 2020 was Mirabella Financial Services, an estimated $24.3M sold.
Based on aggregated 13F filings for Q3 2020.