Otis Worldwide
OTIS
1,202 hedge funds and large institutions have $34.8B invested in Otis Worldwide in 2024 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 385 increasing their positions, 443 reducing their positions, and 75 closing their positions.
263% more call options, than puts
Call options by funds: $170M | Put options by funds: $46.9M
37% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 75
1% more funds holding
Funds holding: 1,189 → 1,202 (+13)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
0.95% less ownership
Funds ownership: 87.35% → 86.39% (-0.95%)
13% less repeat investments, than reductions
Existing positions increased: 385 | Existing positions reduced: 443
19% less capital inflows, than outflows
Capital inflows: $1.8B | Capital outflows: $2.23B
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 |
Canoe Financial
Calgary,
Alberta, Canada
|
+$94.1M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$489M |
| 2 |
Dodge & Cox
San Francisco,
California
|
-$463M |
| 3 |
PineStone Asset Management
Montreal,
Quebec, Canada
|
-$135M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$110M |
| 5 |
Neuberger Berman Group
New York
|
-$80.1M |
OTIS Hedge Fund Activity: Q1 2024 in Review
1,202 of the 6,963 institutional investors tracked by Wall St. Rank reported a position in Otis Worldwide (OTIS) for Q1 2024, worth a combined $34.8B — up 8.7% from $32B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new OTIS positions and 75 closed out — a net gain of 28 holders — while 385 added to existing stakes and 443 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $267M. The largest seller was Capital Research Global Investors, cutting an estimated $489M.
- 1,202 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 8.7% quarter-over-quarter.
- 103 funds opened new Otis Worldwide positions in Q1 2024 and 75 closed out, a net change of +28 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 Capital Research Global Investors, an estimated $489M sold.
Based on aggregated 13F filings for Q1 2024.