OneSpan
OSPN
151 hedge funds and large institutions have $314M invested in OneSpan in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 61 increasing their positions, 59 reducing their positions, and 38 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 59
3% more call options, than puts
Call options by funds: $1.8M | Put options by funds: $1.75M
15% less funds holding
Funds holding: 177 → 151 (-26)
28% less capital invested
Capital invested by funds: $437M → $314M (-$123M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
66% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$6.18M |
| 2 |
Renaissance Technologies
New York
|
+$4.28M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$3.27M |
| 4 |
WC
Walthausen & Co
Malta,
New York
|
+$3.16M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$17.6M |
| 2 |
Coatue Management
New York
|
-$15.2M |
| 3 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$13.1M |
| 4 |
SIMG
Stephens Investment Management Group
Houston,
Texas
|
-$12M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
-$10.6M |
OSPN Hedge Fund Activity: Q1 2016 in Review
151 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in OneSpan (OSPN) for Q1 2016, worth a combined $314M — down 28% from $437M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of OSPN and 13 opened new positions — a net loss of 25 holders — while 59 trimmed existing stakes and 61 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $6.18M. The largest seller was Tiger Global Management, exiting entirely with an estimated $17.6M sold.
- 151 institutional investors held OneSpan (OSPN) as of Q1 2016, down from 177 in Q4 2015.
- Funds reported $314M of OneSpan stock for Q1 2016, down 28% quarter-over-quarter.
- 13 funds opened new OneSpan positions in Q1 2016 and 38 closed out, a net change of -25 holders.
- The largest OneSpan buyer in Q1 2016 was D.E. Shaw & Co, an estimated $6.18M added.
- The largest OneSpan seller in Q1 2016 was Tiger Global Management, an estimated $17.6M sold.
Based on aggregated 13F filings for Q1 2016.