Open Lending Corp
LPRO
160 hedge funds and large institutions have $780M invested in Open Lending Corp in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 63 reducing their positions, and 40 closing their positions.
440% more call options, than puts
Call options by funds: $3.31M | Put options by funds: $613K
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0% more capital invested
Capital invested by funds: $779M → $780M (+$746K)
2.24% less ownership
Funds ownership: 91.73% → 89.49% (-2.2%)
14% less funds holding
Funds holding: 186 → 160 (-26)
25% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 63
65% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$9.91M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.49M |
| 3 |
WCAU
Working Capital Advisors (UK)
London,
United Kingdom
|
+$5.81M |
| 4 |
KIM
Kestrel Investment Management
San Mateo,
California
|
+$4.08M |
| 5 |
HP
Hound Partners
New York
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$16.7M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$10.8M |
| 3 |
Millennium Management
New York
|
-$7.63M |
| 4 |
Jennison Associates
New York
|
-$7.5M |
| 5 |
BlackRock
New York
|
-$6.99M |
LPRO Hedge Fund Activity: Q1 2023 in Review
160 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Open Lending Corp (LPRO) for Q1 2023, worth a combined $780M — up 0.1% from $779M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of LPRO and 14 opened new positions — a net loss of 26 holders — while 63 trimmed existing stakes and 47 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $9.91M. The largest seller was Goldman Sachs, cutting an estimated $16.7M.
- 160 institutional investors held Open Lending Corp (LPRO) as of Q1 2023, down from 186 in Q4 2022.
- Funds reported $780M of Open Lending Corp stock for Q1 2023, up 0.1% quarter-over-quarter.
- 14 funds opened new Open Lending Corp positions in Q1 2023 and 40 closed out, a net change of -26 holders.
- The largest Open Lending Corp buyer in Q1 2023 was T. Rowe Price Associates, an estimated $9.91M added.
- The largest Open Lending Corp seller in Q1 2023 was Goldman Sachs, an estimated $16.7M sold.
Based on aggregated 13F filings for Q1 2023.