Otis Worldwide
OTIS
1,188 hedge funds and large institutions have $34B invested in Otis Worldwide in 2024 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 395 increasing their positions, 455 reducing their positions, and 73 closing their positions.
202% more call options, than puts
Call options by funds: $142M | Put options by funds: $46.8M
1.1% more ownership
Funds ownership: 86.39% → 87.49% (+1.1%)
10% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 73
2% less capital invested
Capital invested by funds: $34.8B → $34B (-$704M)
1% less funds holding
Funds holding: 1,200 → 1,188 (-12)
13% less repeat investments, than reductions
Existing positions increased: 395 | Existing positions reduced: 455
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$844M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$191M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$87.5M |
| 4 |
SP
Sarasin & Partners
London,
United Kingdom
|
+$85.2M |
| 5 |
PAM
PineStone Asset Management
Montreal,
Quebec, Canada
|
+$83.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$169M |
| 2 |
AC
AKO Capital
London,
United Kingdom
|
-$75.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$72.2M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$71.6M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$60.2M |
OTIS Hedge Fund Activity: Q2 2024 in Review
1,188 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Otis Worldwide (OTIS) for Q2 2024, worth a combined $34B — down 2% from $34.8B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new OTIS positions and 73 closed out — a net gain of 7 holders — while 395 added to existing stakes and 455 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $844M. The largest seller was Lazard Asset Management, cutting an estimated $169M.
- 1,188 institutional investors held Otis Worldwide (OTIS) as of Q2 2024, down from 1,200 in Q1 2024.
- Funds reported $34B of Otis Worldwide stock for Q2 2024, down 2% quarter-over-quarter.
- 80 funds opened new Otis Worldwide positions in Q2 2024 and 73 closed out, a net change of +7 holders.
- The largest Otis Worldwide buyer in Q2 2024 was JP Morgan Chase, an estimated $844M added.
- The largest Otis Worldwide seller in Q2 2024 was Lazard Asset Management, an estimated $169M sold.
Based on aggregated 13F filings for Q2 2024.