Open Lending Corp
LPRO
86 hedge funds and large institutions have $1.09B invested in Open Lending Corp in 2020 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 16 closing their positions.
229% more capital invested
Capital invested by funds: $332M → $1.09B (+$759M)
213% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 16
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
65% more funds holding
Funds holding: 52 → 86 (+34)
14.46% more ownership
Funds ownership: 23.98% → 38.44% (+14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$119M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$71.4M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$61.6M |
| 4 |
PCM
Parsifal Capital Management
Greenwich,
Connecticut
|
+$61.4M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moore Capital Management
New York
|
-$42.8M |
| 2 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
-$15.1M |
| 3 |
NSGL
No Street GP LP
San Francisco,
California
|
-$13.2M |
| 4 |
SFM
Soros Fund Management
New York
|
-$12.1M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$10.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$351 | +18 | New |
|
LPRO Hedge Fund Activity: Q3 2020 in Review
86 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Open Lending Corp (LPRO) for Q3 2020, worth a combined $1.09B — up 229% from $332M a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new LPRO positions and 16 closed out — a net gain of 34 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $119M. The largest seller was Moore Capital Management, cutting an estimated $42.8M.
- 86 institutional investors held Open Lending Corp (LPRO) as of Q3 2020, up from 52 in Q2 2020.
- Funds reported $1.09B of Open Lending Corp stock for Q3 2020, up 229% quarter-over-quarter.
- 50 funds opened new Open Lending Corp positions in Q3 2020 and 16 closed out, a net change of +34 holders.
- The largest Open Lending Corp buyer in Q3 2020 was Vanguard Group, an estimated $119M added.
- The largest Open Lending Corp seller in Q3 2020 was Moore Capital Management, an estimated $42.8M sold.
Based on aggregated 13F filings for Q3 2020.