Open Lending Corp
LPRO
27 hedge funds and large institutions have $158M invested in Open Lending Corp in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
23% more funds holding
Funds holding: 22 → 27 (+5)
1.38% more ownership
Funds ownership: 56.01% → 57.39% (+1.4%)
4% more capital invested
Capital invested by funds: $151M → $158M (+$6.19M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
+$1.58M |
| 2 |
AFS
Amtrust Financial Services
New York
|
+$1.5M |
| 3 |
TCM
Tenor Capital Management
New York
|
+$1.5M |
| 4 |
PCR
Potrero Capital Research
San Francisco,
California
|
+$997K |
| 5 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
-$1.31M |
| 2 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$499K |
| 3 |
KC
Kepos Capital
New York
|
-$234K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KC
26
Kepos Capital
New York
| – | -$234K | -24,009 | Closed |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | +$10 | +1 | New |
|
28
Morgan Stanley
New York
| – | +$60 | +6 | New |
|
LPRO Hedge Fund Activity: Q1 2019 in Review
27 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Open Lending Corp (LPRO) for Q1 2019, worth a combined $158M — up 4.1% from $151M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new LPRO positions and 1 closed out — a net gain of 5 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Cowen Inc, opening a new position worth an estimated $1.58M. The largest seller was Fortress Investment Group, cutting an estimated $1.31M.
- 27 institutional investors held Open Lending Corp (LPRO) as of Q1 2019, up from 22 in Q4 2018.
- Funds reported $158M of Open Lending Corp stock for Q1 2019, up 4.1% quarter-over-quarter.
- 6 funds opened new Open Lending Corp positions in Q1 2019 and 1 closed out, a net change of +5 holders.
- The largest Open Lending Corp buyer in Q1 2019 was Cowen Inc, an estimated $1.58M added.
- The largest Open Lending Corp seller in Q1 2019 was Fortress Investment Group, an estimated $1.31M sold.
Based on aggregated 13F filings for Q1 2019.