Optimum Communications (OPTU): Evaluating a Tender Offer Arbitrage
Investment management company Curreen Capital released its second-quarter 2026 Investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Kite Lake Capital Massi Khadjenouri | 14,100,000 | $20,445,000 | +467% | 7.05% |
| 2. | Senator Investment Group Doug Silverman And Alexander Klabin | 8,000,000 | $11,600,000 | +60% | 0.42% |
| 3. | Millennium Management Israel Englander | 7,723,322 | $11,198,817 | -19% | 0% |
| 4. | Balyasny Asset Management Dmitry Balyasny | 5,405,637 | $7,838,174 | 0.01% | |
| 5. | Redwood Capital Management Jonathan Kolatch | 5,189,270 | $7,524,442 | -37% | 0.81% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $14.59 | 10,000 | $145,900.00 | 20,000 | 2021-12-13 | Filing | |
| $15.08 | 10,000 | $150,800.00 | 10,000 | 2021-12-10 | Filing | |
| $16.50 | 5,000 | $82,500.00 | 48,451 | 2021-11-22 | Filing | |
| $16.75 | 2,500 | $41,875.00 | 43,451 | 2021-11-19 | Filing | |
| $17.03 | 5,000 | $85,150.00 | 40,951 | 2021-11-12 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $0.74 | 20,000 | $14,800.00 | 868,454 | 2026-08-03 | Filing | |
| $0.88 | 20,000 | $17,600.00 | 888,454 | 2026-07-01 | Filing | |
| $1.12 | 20,000 | $22,400.00 | 933,381 | 2026-06-01 | Filing | |
| $1.59 | 20,000 | $31,800.00 | 1,199,781 | 2026-05-01 | Filing | |
| $1.29 | 20,000 | $25,800.00 | 1,219,781 | 2026-04-01 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 19,543,542 | $28,338,136 | 0% | |
| 2. | 15,920,494 | $23,084,716 | 18.01% | |
| 3. | 12,127,418 | $17,584,756 | 0% | |
| 4. | 8,893,189 | $13,517,648 | 0% | |
| 5. | 8,395,938 | $12,174,110 | 0.24% |