OneSpan
OSPN
164 hedge funds and large institutions have $610M invested in OneSpan in 2014 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 52 increasing their positions, 60 reducing their positions, and 21 closing their positions.
95% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 21
63% more call options, than puts
Call options by funds: $4.82M | Put options by funds: $2.95M
59% more capital invested
Capital invested by funds: $384M → $610M (+$226M)
12% more funds holding
Funds holding: 146 → 164 (+18)
13% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 60
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Castleark Management
Chicago,
Illinois
|
+$10.2M |
| 2 |
CCM
Century Capital Management
Boston,
Massachusetts
|
+$10.1M |
| 3 |
JIR
James Investment Research
Alpha,
Ohio
|
+$8.55M |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
+$8.04M |
| 5 |
Renaissance Technologies
New York
|
+$6.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
-$12.6M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$11.5M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$10.2M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$7.67M |
| 5 |
RA
Royce & Associates
New York
|
-$6.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Tudor Investment Corp
Stamford,
Connecticut
| – | -$471K | -25,096 | Closed |
|
|
PSC
177
Piper Sandler & Co
Minneapolis,
Minnesota
| – | -$282K | -15,000 | Closed |
|
|
SCA
178
Secor Capital Advisors
New York
| – | -$272K | -14,461 | Closed |
|
|
CSS
179
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$262K | -13,930 | Closed |
|
|
PG
180
PEAK6 Group
Chicago,
Illinois
| – | -$309K | -12,469 | Closed |
|
|
DCM
181
Dean Capital Management
Overland Park,
Kansas
| – | -$71K | -3,800 | Closed |
|
182
BNP Paribas Financial Markets
Paris,
France
| – | -$33.4K | -1,776 | Closed |
|
|
SAM
183
Solaris Asset Management
New York
| – | -$32K | -1,700 | Closed |
|
|
OIA
184
Optimum Investment Advisors
Chicago,
Illinois
| – | -$19K | -1,000 | Closed |
|
|
TRCT
185
Tower Research Capital (TRC)
New York
| – | -$2.2K | -89 | Closed |
|
|
GAM
186
Gemmer Asset Management
Walnut Creek,
California
| – | -$1K | -37 | Closed |
|
OSPN Hedge Fund Activity: Q4 2014 in Review
164 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in OneSpan (OSPN) for Q4 2014, worth a combined $610M — up 59% from $384M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new OSPN positions and 21 closed out — a net gain of 20 holders — while 52 added to existing stakes and 60 trimmed.
The largest buyer was Castleark Management, opening a new position worth an estimated $10.2M. The largest seller was Teachers Advisors, cutting an estimated $12.6M.
- 164 institutional investors held OneSpan (OSPN) as of Q4 2014, up from 146 in Q3 2014.
- Funds reported $610M of OneSpan stock for Q4 2014, up 59% quarter-over-quarter.
- 41 funds opened new OneSpan positions in Q4 2014 and 21 closed out, a net change of +20 holders.
- The largest OneSpan buyer in Q4 2014 was Castleark Management, an estimated $10.2M added.
- The largest OneSpan seller in Q4 2014 was Teachers Advisors, an estimated $12.6M sold.
Based on aggregated 13F filings for Q4 2014.