OneSpan
OSPN
174 hedge funds and large institutions have $432M invested in OneSpan in 2015 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 63 increasing their positions, 56 reducing their positions, and 54 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 56
12% less funds holding
Funds holding: 197 → 174 (-23)
39% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 54
40% less capital invested
Capital invested by funds: $724M → $432M (-$292M)
49% less call options, than puts
Call options by funds: $9.59M | Put options by funds: $19M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
+$18.6M |
| 2 |
Morgan Stanley
New York
|
+$17.1M |
| 3 |
HP
Hound Partners
New York
|
+$12.5M |
| 4 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$10.9M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$8.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nichols Asset Management
Sudbury,
Massachusetts
|
-$8.98M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$7.86M |
| 3 |
Tiger Global Management
New York
|
-$7.19M |
| 4 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
-$5.29M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.24M |
OSPN Hedge Fund Activity: Q3 2015 in Review
174 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in OneSpan (OSPN) for Q3 2015, worth a combined $432M — down 40% from $724M a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of OSPN and 33 opened new positions — a net loss of 21 holders — while 56 trimmed existing stakes and 63 added.
The largest buyer was Coatue Management, opening a new position worth an estimated $18.6M. The largest seller was Nichols Asset Management, exiting entirely with an estimated $8.98M sold.
- 174 institutional investors held OneSpan (OSPN) as of Q3 2015, down from 197 in Q2 2015.
- Funds reported $432M of OneSpan stock for Q3 2015, down 40% quarter-over-quarter.
- 33 funds opened new OneSpan positions in Q3 2015 and 54 closed out, a net change of -21 holders.
- The largest OneSpan buyer in Q3 2015 was Coatue Management, an estimated $18.6M added.
- The largest OneSpan seller in Q3 2015 was Nichols Asset Management, an estimated $8.98M sold.
Based on aggregated 13F filings for Q3 2015.