Octave Specialty Group
OSG
142 hedge funds and large institutions have $575M invested in Octave Specialty Group in 2020 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 46 reducing their positions, and 14 closing their positions.
535% more call options, than puts
Call options by funds: $17M | Put options by funds: $2.68M
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
23% more capital invested
Capital invested by funds: $468M → $575M (+$107M)
7% more funds holding
Funds holding: 133 → 142 (+9)
1.61% more ownership
Funds ownership: 80.04% → 81.65% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$20.7M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$7.72M |
| 3 |
BCL
Bracebridge Capital LLC
Boston,
Massachusetts
|
+$3.34M |
| 4 |
CU
CQS (US)
New York
|
+$2.65M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$5.95M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5.28M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$4.66M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$4.03M |
| 5 |
JAM
Jacobs Asset Management
New York
|
-$3.74M |
OSG Hedge Fund Activity: Q4 2020 in Review
142 of the 5,675 institutional investors tracked by Wall St. Rank reported a position in Octave Specialty Group (OSG) for Q4 2020, worth a combined $575M — up 23% from $468M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new OSG positions and 14 closed out — a net gain of 10 holders — while 44 added to existing stakes and 46 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $20.7M. The largest seller was Raging Capital Management, exiting entirely with an estimated $5.95M sold.
- 142 institutional investors held Octave Specialty Group (OSG) as of Q4 2020, up from 133 in Q3 2020.
- Funds reported $575M of Octave Specialty Group stock for Q4 2020, up 23% quarter-over-quarter.
- 24 funds opened new Octave Specialty Group positions in Q4 2020 and 14 closed out, a net change of +10 holders.
- The largest Octave Specialty Group buyer in Q4 2020 was Morgan Stanley, an estimated $20.7M added.
- The largest Octave Specialty Group seller in Q4 2020 was Raging Capital Management, an estimated $5.95M sold.
Based on aggregated 13F filings for Q4 2020.