Open Lending Corp
LPRO
167 hedge funds and large institutions have $3.71B invested in Open Lending Corp in 2021 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 63 increasing their positions, 46 reducing their positions, and 31 closing their positions.
328% more call options, than puts
Call options by funds: $37.2M | Put options by funds: $8.69M
52% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 31
37% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 46
10% more funds holding
Funds holding: 152 → 167 (+15)
1.83% more ownership
Funds ownership: 80.75% → 82.58% (+1.8%)
3% more capital invested
Capital invested by funds: $3.62B → $3.71B (+$91.2M)
35% less funds holding in top 10
Funds holding in top 10: 17 → 11 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$75.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$61.9M |
| 3 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$50M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$49.2M |
| 5 |
Millennium Management
New York
|
+$33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$45.6M |
| 2 |
IM
Islet Management
New York
|
-$34.3M |
| 3 |
PCM
Parsifal Capital Management
Greenwich,
Connecticut
|
-$32.7M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$30.4M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$27.6M |
LPRO Hedge Fund Activity: Q1 2021 in Review
167 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Open Lending Corp (LPRO) for Q1 2021, worth a combined $3.71B — up 2.5% from $3.62B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new LPRO positions and 31 closed out — a net gain of 16 holders — while 63 added to existing stakes and 46 trimmed.
The largest buyer was Wasatch Advisors, adding an estimated $75.7M. The largest seller was Adage Capital Partners, cutting an estimated $45.6M.
- 167 institutional investors held Open Lending Corp (LPRO) as of Q1 2021, up from 152 in Q4 2020.
- Funds reported $3.71B of Open Lending Corp stock for Q1 2021, up 2.5% quarter-over-quarter.
- 47 funds opened new Open Lending Corp positions in Q1 2021 and 31 closed out, a net change of +16 holders.
- The largest Open Lending Corp buyer in Q1 2021 was Wasatch Advisors, an estimated $75.7M added.
- The largest Open Lending Corp seller in Q1 2021 was Adage Capital Partners, an estimated $45.6M sold.
Based on aggregated 13F filings for Q1 2021.