Answer
The answer is no. Throughout his successful wrestling career, Ole Anderson was primarily known for his involvement in the popular faction called The Four Horsemen. This group, consisting of Anderson, Ric Flair, Arn Anderson, and Tully Blanchard, gained significant prominence and achieved numerous championships in various wrestling promotions. However, it's worth noting that Anderson did not form any other notable factions outside of The Four Horsemen during his wrestling career.