Optimum Communications, Inc. (OPTU)
CABLE & OTHER PAY TELEVISION SERVICES
Optimum Communications, Inc. (OPTU) is listed on the New York Stock Exchange, where it has traded since June 22, 2017.
- Listed On
- the New York Stock Exchange
- Listed Since
- June 22, 2017
- Employees
- 9,500
- Market Cap
- $253M
About Optimum Communications, Inc.
Optimum's assets were brought together when Altice Europe acquired US cable companies Suddenlink in 2015 and Cablevision in 2016. The Suddenlink business, which management calls the "West," provides television, internet access, and phone services to roughly 4.5 million US homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. The Cablevision portion, dubbed the "East," provides comparable services to about 5.5 million homes and businesses in the New York City metro area. Both regions now operate under the Optimum brand name. Altice Europe spun off Optimum, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018.
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 185 institutions reported holding OPTU, with 215.5 million shares worth $299.0 million in aggregate. The largest reported holder was BlackRock, with 19.5 million shares worth $28.3 million. Of the 5 largest holders listed below, 2 added shares and 3 reduced their positions during the quarter.
| Institution | Shares | Value | Quarter change |
|---|---|---|---|
| BlackRock | 19,543,542 | $28M | Reduced 4.68% |
| Vanguard | 19,037,357 | $28M | Reduced 17.84% |
| Milfam | 15,920,494 | $23M | Added 81.53% |
| Kite Lake Capital Management (UK) | 14,100,000 | $20M | Added 466.42% |
| Empyrean Capital Partners | 14,039,012 | $6M | Reduced 42.88% |
Form 13F is a quarterly report that institutional investment managers with at least $100 million in qualifying securities file with the SEC. It lists long positions as of the last day of the quarter and is due within 45 days of quarter end, so these holdings describe that date rather than today.
Frequently asked questions
What is OPTU?
Optimum Communications, Inc. (OPTU) is listed on the New York Stock Exchange, where it has traded since June 22, 2017.
Who are the largest institutional holders of OPTU?
In 13F filings for the quarter ended June 30, 2026, the largest reported holders of OPTU were BlackRock, Vanguard and Milfam.
How many institutions own OPTU?
185 institutions reported a position in OPTU for the quarter ended June 30, 2026, worth $299.0 million in total.
Did institutions buy or sell OPTU last quarter?
Of the 5 largest reported holders, 2 added shares and 3 reduced their positions during the quarter. Every reported holder and its change is on the SentiSense ownership page for OPTU.
Every reported institutional holder, plus insider and congressional trades in OPTU, on SentiSense.