OLD REP INTL CORP ORI
COM · Common Stock · CUSIP 680223104 · ISIN US6802231042
American insurance company
- SectorFinancials
- IndustrySurety Insurance
- HeadquartersChicago, IL
- Websiteoldrepublic.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.2m this quarter). Holder counts are more reliable. Shares outstanding: 284.6m as of 2023-06-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $24.94. Options: 7 managers hold calls ($6.4m notional), 6 hold puts ($1.1m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 445 |
| Q4 2022 | 482 |
| Q1 2023 | 487 |
| Q2 2023 | 490 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 216 | 194 |
| Q1 2023 | 230 | 199 |
| Q2 2023 | 185 | 232 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $4.7m | $2.8m | 0.59 |
| Q4 2022 | $9.0m | $3.3m | 0.37 |
| Q1 2023 | $7.8m | $2.9m | 0.37 |
| Q2 2023 | $6.4m | $1.1m | 0.18 |
Biggest buyers
| GW&K Investment Management, LLC | Added | +1.1m |
| CITADEL ADVISORS LLC | Added | +430.6k |
| MILLENNIUM MANAGEMENT LLC | Added | +318.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +275.5k |
| FRANKLIN RESOURCES INC | Added | +194.2k |
| Asset Management One Co., Ltd. | New | +189.4k |
| JANE STREET GROUP, LLC | Added | +183.7k |
| Man Group plc | New | +171.0k |
| MACKENZIE FINANCIAL CORP | New | +152.2k |
| Connor, Clark & Lunn Investment Management Ltd. | New | +138.7k |
Biggest sellers
| FMR LLC | Reduced | -7.1m |
| STATE STREET CORP | Reduced | -1.9m |
| VANGUARD GROUP INC | Reduced | -1.2m |
| BlackRock Inc. | Reduced | -1.1m |
| Invesco Ltd. | Reduced | -780.3k |
| FIRST TRUST ADVISORS LP | Reduced | -778.0k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -555.8k |
| Brandywine Global Investment Management, LLC | Reduced | -553.5k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -396.0k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -387.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.5m138.5k shares |
| GROUP ONE TRADING LLC | Added | $1.0m40.5k shares |
| CITADEL ADVISORS LLC | Reduced | $893.5k35.5k shares |
| JANE STREET GROUP, LLC | Reduced | $687.1k27.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $339.0k13.5k shares |
| Walleye Trading LLC | New | $5.0k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Walleye Trading LLC | Reduced | $448.0k17.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $329.7k13.1k shares |
| CITADEL ADVISORS LLC | Reduced | $188.8k7.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $113.0k4.5k shares |
| GROUP ONE TRADING LLC | Added | $68.0k2.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 2 | $60.5k | 0 | — | — |
| Q1 2022 | 3 | $77.8k | 0 | — | — |
| Q2 2022 | 4 | $312.5k | 0 | — | — |
| Q3 2022 | 2 | $23.0k | 0 | — | — |
| Q4 2022 | 2 | $37.2k | 1 | $256.5k | — |
| Q1 2023 | 2 | $10.7k | 0 | — | — |
| Q2 2023 | 1 | $3.6k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-15 | KOVALESKI CHARLES J Director | Bought | $3.6k143 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 33.1m $832.9m | Reduced -1.1m |
| VANGUARD GROUP INC 0.02% of their portfolio | 26.9m $677.7m | Reduced -1.2m |
| STATE STREET CORP 0.03% of their portfolio | 22.7m $570.7m | Reduced -1.9m |
| VICTORY CAPITAL MANAGEMENT INC 0.41% of their portfolio | 14.9m $373.8m | Added +61.5k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 7.9m $198.2m | Added +98.1k |
| FMR LLC 0.02% of their portfolio | 7.2m $181.0m | Reduced -7.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 5.4m $137.5m | Added +122.3k |
| Hamlin Capital Management, LLC 4.09% of their portfolio | 4.8m $122.1m | Added +3.3k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 3.7m $94.0m | Reduced -158.0k |
| NORGES BANK 0.01% of their portfolio | 2.9m $73.5m | Reduced -59.0k |
| BERKLEY W R CORP 4.06% of their portfolio | 2.7m $67.4m | Unchanged |
| MORGAN STANLEY 0.01% of their portfolio | 2.7m $66.8m | Added +81.4k |
| MILLER HOWARD INVESTMENTS INC /NY 2.20% of their portfolio | 2.5m $61.8m | Reduced -3.1k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.2m $54.8m | Reduced -90.9k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.83% of their portfolio | 2.1m $52.4m | Reduced -4.4k |
| COMERICA BANK 0.00% of their portfolio | 1.9m $0 | First filing |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.8m $45.4m | Reduced -17.1k |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 1.8m $44.1m | Reduced -258.5k |
| BRANDES INVESTMENT PARTNERS, LP 0.84% of their portfolio | 1.7m $41.8m | Reduced -137.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.6m $39.9m | Reduced -126.7k |
| Invesco Ltd. 0.01% of their portfolio | 1.5m $36.7m | Reduced -780.3k |
| ProShare Advisors LLC 0.09% of their portfolio | 1.3m $32.7m | Reduced -129.4k |
| M&T Bank Corp 0.11% of their portfolio | 1.2m $29.7m | Reduced -2.6k |
| GW&K Investment Management, LLC 0.27% of their portfolio | 1.1m $28.3m | Added +1.1m |
| LSV ASSET MANAGEMENT 0.06% of their portfolio | 1.1m $26.6m | Reduced -33.2k |
| RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio | 1.1m $26.5m | Reduced -296.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.0m $25.7m | Reduced -69.7k |
| TCTC Holdings, LLC 1.02% of their portfolio | 1.0m $25.5m | Unchanged |
| CRAWFORD INVESTMENT COUNSEL INC 0.52% of their portfolio | 1.0m $25.4m | Added +13.5k |
| SYSTEMATIC FINANCIAL MANAGEMENT LP 0.74% of their portfolio | 929.2k $23.4m | Reduced -4.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 900.4k $22.7m | Reduced -32.0k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 878.3k $22.1m | Reduced -3.0k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 873.7k $22.0m | Added +430.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 849.6k $21.4m | Reduced -5.9k |
| DDD Partners, LLC 2.92% of their portfolio | 836.8k $21.1m | Added +6.4k |
| THIRD AVENUE MANAGEMENT LLC 3.47% of their portfolio | 836.3k $21.1m | Added +1.9k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 824.5k $20.8m | Reduced -9.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 811.2k $20.4m | Reduced -22.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 800.5k $20.1m | Reduced -396.0k |
| North Star Investment Management Corp. 1.56% of their portfolio | 765.6k $19.3m | Added +1.5k |
| Legal & General Group Plc 0.01% of their portfolio | 727.2k $18.3m | Reduced -9.3k |
| Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio | 708.6k $17.8m | Reduced -23.2k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 693.0k $17.4m | Added +318.9k |
| MARTINGALE ASSET MANAGEMENT L P 0.34% of their portfolio | 683.2k $17.2m | Reduced -65.9k |
| Swiss National Bank 0.01% of their portfolio | 612.9k $15.4m | Reduced -11.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 607.4k $15.2m | Unchanged |
| Brookstone Capital Management 0.31% of their portfolio | 606.9k $15.2m | Added +4.4k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 605.5k $15.2m | Reduced -778.0k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 599.5k $15.1m | Reduced -360.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 565.0k $14.2m | Reduced -387.7k |
| RITHOLTZ WEALTH MANAGEMENT 0.63% of their portfolio | 559.7k $14.1m | Added +16.3k |
| HEARTLAND ADVISORS INC 0.79% of their portfolio | 551.1k $13.9m | Added +39.2k |
| Retirement Systems of Alabama 0.06% of their portfolio | 543.6k $13.7m | Reduced -9.5k |
| California Public Employees Retirement System 0.01% of their portfolio | 475.1k $12.0m | Reduced -44.6k |
| Baird Financial Group, Inc. 0.03% of their portfolio | 468.4k $11.8m | Reduced -17.4k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 460.4k $11.6m | Added +41.2k |
| US BANCORP \DE\ 0.02% of their portfolio | 453.2k $11.4m | Reduced -935 |
| REGIONS FINANCIAL CORP 0.10% of their portfolio | 440.0k $11.1m | Reduced -19.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 428.7k $10.8m | Reduced -2.9k |
| Brandywine Global Investment Management, LLC 0.09% of their portfolio | 422.8k $10.6m | Reduced -553.5k |
| GUGGENHEIM CAPITAL LLC 0.08% of their portfolio | 421.5k $10.6m | Added +8.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 420.7k $10.6m | Reduced -8.5k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.06% of their portfolio | 410.7k $10.3m | Reduced -15.0k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 402.3k $10.1m | Added +3.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 389.8k $9.8m | Added +275.5k |
| CHURCHILL MANAGEMENT Corp 0.16% of their portfolio | 383.4k $9.6m | Reduced -4.9k |
| Amundi 0.00% of their portfolio | 371.7k $9.3m | Reduced -81.6k |
| Bogart Wealth, LLC 0.56% of their portfolio | 348.9k $8.8m | Reduced -953 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 341.6k $8.6m | Reduced -19.5k |
| Alaska Permanent Fund Corp 0.17% of their portfolio | 336.7k $8.5m | First filing |
| Robeco Institutional Asset Management B.V. 0.02% of their portfolio | 331.7k $8.3m | Reduced -8.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 326.0k $8.2m | Added +15.9k |
| Leith Wheeler Investment Counsel Ltd. 1.01% of their portfolio | 306.3k $7.7m | Added +1.5k |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.49% of their portfolio | 305.6k $7.7m | Reduced -9.2k |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 300.8k $7.6m | Reduced -13.6k |
| First Eagle Investment Management, LLC 0.02% of their portfolio | 296.4k $7.5m | Added +68.6k |
| CITIGROUP INC 0.01% of their portfolio | 295.7k $7.4m | Added +59.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 290.8k $7.3m | Reduced -15.6k |
| LPL Financial LLC 0.01% of their portfolio | 290.6k $7.3m | Reduced -15.7k |
| ALPS ADVISORS INC 0.06% of their portfolio | 288.3k $7.3m | Added +74.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 258.9k $6.5m | Reduced -31.0k |
| Curi Capital, LLC 0.21% of their portfolio | 254.7k $6.4m | Added +21.7k |
| Interval Partners, LP 0.31% of their portfolio | 243.9k $6.1m | Reduced -281.6k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.06% of their portfolio | 239.7k $6.0m | Reduced -7.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 238.8k $6.0m | Reduced -15.3k |
| Cadence Bank 0.51% of their portfolio | 232.3k $5.8m | Added +417 |
| Point72 Asset Management, L.P. 0.02% of their portfolio | 225.7k $5.7m | Added +73.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 220.5k $5.5m | Added +183.7k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 218.8k $5.5m | Reduced -8.7k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 216.9k $5.5m | Reduced -2.1k |
| COLONY GROUP LLC 0.08% of their portfolio | 214.6k $5.4m | Added +3.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 210.4k $5.3m | Added +194.2k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 209.4k $5.3m | Reduced -32.8k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 208.2k $5.2m | Added +19.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 204.3k $5.1m | Reduced -11.0k |
| State of Alaska, Department of Revenue 0.06% of their portfolio | 201.3k $5.1m | Reduced -4.2k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 197.7k $5.0m | Reduced -24.3k |
| NFC Investments, LLC 1.62% of their portfolio | 195.8k $4.9m | Reduced -4.2k |
| ASSETMARK, INC 0.02% of their portfolio | 192.5k $4.8m | Reduced -30.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 191.0k $4.8m | Added +1.7k |