Otis Worldwide
OTIS
1,111 hedge funds and large institutions have $23.1B invested in Otis Worldwide in 2020 Q3 according to their latest regulatory filings, with 113 funds opening new positions, 258 increasing their positions, 572 reducing their positions, and 124 closing their positions.
225% more call options, than puts
Call options by funds: $28.1M | Put options by funds: $8.65M
10% more capital invested
Capital invested by funds: $21B → $23.1B (+$2.06B)
0.04% less ownership
Funds ownership: 85.39% → 85.35% (-0.04%)
9% less first-time investments, than exits
New positions opened: 113 | Existing positions closed: 124
2% less funds holding
Funds holding: 1,128 → 1,111 (-17)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
55% less repeat investments, than reductions
Existing positions increased: 258 | Existing positions reduced: 572
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$192M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$183M |
| 3 |
Los Angeles Capital Management
Los Angeles,
California
|
+$177M |
| 4 |
Renaissance Technologies
New York
|
+$79.6M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$73.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$210M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$164M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$114M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$88.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$87.8M |
OTIS Hedge Fund Activity: Q3 2020 in Review
1,111 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Otis Worldwide (OTIS) for Q3 2020, worth a combined $23.1B — up 9.8% from $21B a quarter earlier.
Sellers outnumbered buyers: 124 funds closed out of OTIS and 113 opened new positions — a net loss of 11 holders — while 572 trimmed existing stakes and 258 added.
The largest buyer was Bank of New York Mellon, adding an estimated $192M. The largest seller was Credit Suisse, cutting an estimated $210M.
- 1,111 institutional investors held Otis Worldwide (OTIS) as of Q3 2020, down from 1,128 in Q2 2020.
- Funds reported $23.1B of Otis Worldwide stock for Q3 2020, up 9.8% quarter-over-quarter.
- 113 funds opened new Otis Worldwide positions in Q3 2020 and 124 closed out, a net change of -11 holders.
- The largest Otis Worldwide buyer in Q3 2020 was Bank of New York Mellon, an estimated $192M added.
- The largest Otis Worldwide seller in Q3 2020 was Credit Suisse, an estimated $210M sold.
Based on aggregated 13F filings for Q3 2020.