Open Lending Corp
LPRO
13 hedge funds and large institutions have $82.2M invested in Open Lending Corp in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 2 increasing their positions, reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
160% more funds holding
Funds holding: 5 → 13 (+8)
154% more capital invested
Capital invested by funds: $32.3M → $82.2M (+$49.8M)
18.92% more ownership
Funds ownership: 12.15% → 31.07% (+19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
+$11.6M |
| 2 |
SC
Sculptor Capital
New York
|
+$9.65M |
| 3 |
AGC
Angelo Gordon & Co
New York
|
+$7.72M |
| 4 |
LA
Linden Advisors
New York
|
+$7.56M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$4.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAM
Deltec Asset Management
New York
|
-$492K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
1
Moore Capital Management
New York
| $12M | – | – | – |
|
|
GL
2
Governors Lane
New York
| $11.6M | +$29 | +3 | +0% |
|
|
FIG
3
Fortress Investment Group
New York
| $11.6M | +$11.6M | +1,200,000 | New |
|
|
SC
4
Sculptor Capital
New York
| $9.65M | +$9.65M | +999,999 | New |
|
|
AGC
5
Angelo Gordon & Co
New York
| $7.72M | +$7.72M | +799,998 | New |
|
|
LA
6
Linden Advisors
New York
| $7.5M | +$7.56M | +783,000 | New |
|
|
AA
7
AQR Arbitrage
Greenwich,
Connecticut
| $6.71M | – | – | – |
|
|
BCM
8
Basso Capital Management
Stamford,
Connecticut
| $4.83M | +$3.38M | +350,000 | +233% |
|
|
9
Alyeska Investment Group
Chicago,
Illinois
| $4.83M | +$4.83M | +500,001 | New |
|
|
HI
10
HBK Investments
Dallas,
Texas
| $4.83M | +$4.83M | +500,001 | New |
|
|
AC
11
Aristeia Capital
Greenwich,
Connecticut
| $492K | +$492K | +51,000 | New |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| $482K | +$483K | +50,000 | New |
|
|
CI
13
Cowen Inc
New York
| $189 | +$189K | +19,548 | New |
|
|
DAM
14
Deltec Asset Management
New York
| – | -$492K | -51,000 | Closed |
|
LPRO Hedge Fund Activity: Q2 2018 in Review
13 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Open Lending Corp (LPRO) for Q2 2018, worth a combined $82.2M — up 154% from $32.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new LPRO positions and 1 closed out — a net gain of 8 holders — while 2 added to existing stakes and 0 trimmed.
The largest buyer was Fortress Investment Group, opening a new position worth an estimated $11.6M. The largest seller was Deltec Asset Management, exiting entirely with an estimated $492K sold.
- 13 institutional investors held Open Lending Corp (LPRO) as of Q2 2018, up from 5 in Q1 2018.
- Funds reported $82.2M of Open Lending Corp stock for Q2 2018, up 154% quarter-over-quarter.
- 9 funds opened new Open Lending Corp positions in Q2 2018 and 1 closed out, a net change of +8 holders.
- The largest Open Lending Corp buyer in Q2 2018 was Fortress Investment Group, an estimated $11.6M added.
- The largest Open Lending Corp seller in Q2 2018 was Deltec Asset Management, an estimated $492K sold.
Based on aggregated 13F filings for Q2 2018.