Optimum Communications Inc-a (OPTU) — Smart Money Tracker (13F, Q2 2026)

OPTU ranks #3084 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

OPTU is a top-conviction position for Milfam LLC — at 18.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in OPTU belongs to Silver Rock Financial LP, but the position matters far more to Milfam LLC, who has 18.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

BW Gestao de Investimentos Ltda. has added to its OPTU position for two straight quarters, increasing it by $16.4M to reach $18.0M today.

Empyrean Capital Partners, LP has trimmed its OPTU position for two straight quarters, cutting it by $34.9M while still holding $6.4M.

OPTU is down 3.3% today, but institutions show net buying of $5.8B this quarter — a divergence between today's price move and the underlying institutional flow.

OPTU reported a net loss of $4.9B over the trailing twelve months.

• Not yet profitable — net loss of $4.9B over the trailing twelve months
• Revenue declined 4.4% year over year
• Net income declined year over year, from -$269.0M to -$4.9B
• Generated $1.2B in positive operating cash flow
• Total liabilities currently exceed total assets (negative shareholder equity)