Otis Worldwide
OTIS
1,200 hedge funds and large institutions have $34.8B invested in Otis Worldwide in 2024 Q1 according to their latest regulatory filings, with 102 funds opening new positions, 384 increasing their positions, 445 reducing their positions, and 76 closing their positions.
261% more call options, than puts
Call options by funds: $169M | Put options by funds: $46.9M
34% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 76
5% more capital invested
Capital invested by funds: $33B → $34.8B (+$1.72B)
1% more funds holding
Funds holding: 1,189 → 1,200 (+11)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
3.87% less ownership
Funds ownership: 90.27% → 86.39% (-3.9%)
14% less repeat investments, than reductions
Existing positions increased: 384 | Existing positions reduced: 445
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$267M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$231M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$220M |
| 4 |
CF
Canoe Financial
Calgary,
Alberta, Canada
|
+$94.1M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.16B |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$489M |
| 3 |
Dodge & Cox
San Francisco,
California
|
-$463M |
| 4 |
PAM
PineStone Asset Management
Montreal,
Quebec, Canada
|
-$135M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$110M |
OTIS Hedge Fund Activity: Q1 2024 in Review
1,200 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Otis Worldwide (OTIS) for Q1 2024, worth a combined $34.8B — up 5.2% from $33B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new OTIS positions and 76 closed out — a net gain of 26 holders — while 384 added to existing stakes and 445 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $267M. The largest seller was Morgan Stanley, cutting an estimated $1.16B.
- 1,200 institutional investors held Otis Worldwide (OTIS) as of Q1 2024, up from 1,189 in Q4 2023.
- Funds reported $34.8B of Otis Worldwide stock for Q1 2024, up 5.2% quarter-over-quarter.
- 102 funds opened new Otis Worldwide positions in Q1 2024 and 76 closed out, a net change of +26 holders.
- The largest Otis Worldwide buyer in Q1 2024 was JP Morgan Chase, an estimated $267M added.
- The largest Otis Worldwide seller in Q1 2024 was Morgan Stanley, an estimated $1.16B sold.
Based on aggregated 13F filings for Q1 2024.