Otis Worldwide
OTIS
1,124 hedge funds and large institutions have $31.9B invested in Otis Worldwide in 2023 Q2 according to their latest regulatory filings, with 96 funds opening new positions, 333 increasing their positions, 445 reducing their positions, and 65 closing their positions.
98% more call options, than puts
Call options by funds: $194M | Put options by funds: $98.1M
48% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 65
6% more capital invested
Capital invested by funds: $30.1B → $31.9B (+$1.78B)
2% more funds holding
Funds holding: 1,099 → 1,124 (+25)
0.2% more ownership
Funds ownership: 86.53% → 86.74% (+0.2%)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
25% less repeat investments, than reductions
Existing positions increased: 333 | Existing positions reduced: 445
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$253M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$93.8M |
| 3 |
Millennium Management
New York
|
+$82.9M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$81.2M |
| 5 |
JP Morgan Chase
New York
|
+$49.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$196M |
| 2 |
Goldman Sachs
New York
|
-$87.5M |
| 3 |
PAM
PineStone Asset Management
Montreal,
Quebec, Canada
|
-$82.3M |
| 4 |
Parnassus Investments
San Francisco,
California
|
-$64.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$59M |
OTIS Hedge Fund Activity: Q2 2023 in Review
1,124 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Otis Worldwide (OTIS) for Q2 2023, worth a combined $31.9B — up 5.9% from $30.1B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new OTIS positions and 65 closed out — a net gain of 31 holders — while 333 added to existing stakes and 445 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $253M. The largest seller was Citadel Advisors, cutting an estimated $196M.
- 1,124 institutional investors held Otis Worldwide (OTIS) as of Q2 2023, up from 1,099 in Q1 2023.
- Funds reported $31.9B of Otis Worldwide stock for Q2 2023, up 5.9% quarter-over-quarter.
- 96 funds opened new Otis Worldwide positions in Q2 2023 and 65 closed out, a net change of +31 holders.
- The largest Otis Worldwide buyer in Q2 2023 was AllianceBernstein, an estimated $253M added.
- The largest Otis Worldwide seller in Q2 2023 was Citadel Advisors, an estimated $196M sold.
Based on aggregated 13F filings for Q2 2023.