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    Fund Managers

    Baupost Group Lowered Its Stake in Ocwen Financial

    The Baupost Group lowered its position in Ocwen Financial (OCN) during 4Q14. The position accounted for 1.77% of the total portfolio in 4Q14.

    By Samantha Nielson
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    Consumer

    Must-know: Omega Advisors increases its position in Ocwen Financial

    Omega’s 13F filing revealed that it increased its stake in Ocwen Financial. The position currently accounts for 1.27%, up from 0.12% of the fund’s first quarter of 2014 (or 1Q14) portfolio. Ocwen Financial is a financial services holding company that, through its subsidiaries, is one of the largest mortgage companies in the U.S.

    By Samantha Nielson
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