Open Lending Corp
LPRO
137 hedge funds and large institutions have $732M invested in Open Lending Corp in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 51 increasing their positions, 50 reducing their positions, and 30 closing their positions.
5,694% more call options, than puts
Call options by funds: $985K | Put options by funds: $17K
2% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 50
8% less capital invested
Capital invested by funds: $792M → $732M (-$60.3M)
13% less funds holding
Funds holding: 158 → 137 (-21)
17.68% less ownership
Funds ownership: 89.52% → 71.84% (-18%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
53% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$6.35M |
| 2 |
WCAU
Working Capital Advisors (UK)
London,
United Kingdom
|
+$4.43M |
| 3 |
JP Morgan Chase
New York
|
+$3.01M |
| 4 |
BlackRock
New York
|
+$2.76M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$7.26M |
| 2 |
State Street
Boston,
Massachusetts
|
-$3.31M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
-$3.07M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.3M |
| 5 |
ITFISA
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna
Warsaw,
|
-$1.5M |
LPRO Hedge Fund Activity: Q4 2023 in Review
137 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Open Lending Corp (LPRO) for Q4 2023, worth a combined $732M — down 7.6% from $792M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of LPRO and 14 opened new positions — a net loss of 16 holders — while 50 trimmed existing stakes and 51 added.
The largest buyer was Cannell Capital, adding an estimated $6.35M. The largest seller was Wasatch Advisors, cutting an estimated $7.26M.
- 137 institutional investors held Open Lending Corp (LPRO) as of Q4 2023, down from 158 in Q3 2023.
- Funds reported $732M of Open Lending Corp stock for Q4 2023, down 7.6% quarter-over-quarter.
- 14 funds opened new Open Lending Corp positions in Q4 2023 and 30 closed out, a net change of -16 holders.
- The largest Open Lending Corp buyer in Q4 2023 was Cannell Capital, an estimated $6.35M added.
- The largest Open Lending Corp seller in Q4 2023 was Wasatch Advisors, an estimated $7.26M sold.
Based on aggregated 13F filings for Q4 2023.