Offerpad Solutions Inc. Warrants, Every 15 warrants will be exercisable for one share of Class A Common Stock at an exercise price of $172.50 per share of Class A Common Stock
OPAD.WS
OPAD.WS was delisted on the 15th of November, 2023.
24 hedge funds and large institutions have $7.46M invested in Offerpad Solutions Inc. Warrants, Every 15 warrants will be exercisable for one share of Class A Common Stock at an exercise price of $172.50 per share of Class A Common Stock in 2022 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 10 reducing their positions, and 5 closing their positions.
17% less funds holding
Funds holding: 29 → 24 (-5)
31% less capital invested
Capital invested by funds: $10.8M → $7.46M (-$3.38M)
80% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 10
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFM
Privium Fund Management
Amsterdam,
Netherlands
|
+$534K |
| 2 |
ICM
Ionic Capital Management
New York
|
+$15.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$250K |
| 2 |
AGM
Alpine Global Management
New York
|
-$123K |
| 3 |
ICMH
Integrity Capital Management (HK)
Central,
Hong Kong
|
-$96K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$79.3K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$78.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICMH
26
Integrity Capital Management (HK)
Central,
Hong Kong
| – | -$96K | -89,633 | Closed |
|
|
SM
27
Skaana Management
Brooklyn,
New York
| – | -$46K | -43,186 | Closed |
|
|
ESCM
28
Echo Street Capital Management
New York
| – | -$18K | -16,856 | Closed |
|
29
Osaic Holdings
Scottsdale,
Arizona
| – | -$1K | -500 | Closed |
|
OPAD.WS Hedge Fund Activity: Q1 2022 in Review
24 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Offerpad Solutions Inc. Warrants, Every 15 warrants will be exercisable for one share of Class A Common Stock at an exercise price of $172.50 per share of Class A Common Stock (OPAD.WS) for Q1 2022, worth a combined $7.46M — down 31% from $10.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of OPAD.WS and 0 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 2 added.
The largest buyer was Privium Fund Management, adding an estimated $534K. The largest seller was Park West Asset Management, exiting entirely with an estimated $250K sold.
- 24 institutional investors held Offerpad Solutions Inc. Warrants, Every 15 warrants will be exercisable for one share of Class A Common Stock at an exercise price of $172.50 per share of Class A Common Stock (OPAD.WS) as of Q1 2022, down from 29 in Q4 2021.
- Funds reported $7.46M of Offerpad Solutions Inc. Warrants, Every 15 warrants will be exercisable for one share of Class A Common Stock at an exercise price of $172.50 per share of Class A Common Stock stock for Q1 2022, down 31% quarter-over-quarter.
- 0 funds opened new Offerpad Solutions Inc. Warrants, Every 15 warrants will be exercisable for one share of Class A Common Stock at an exercise price of $172.50 per share of Class A Common Stock positions in Q1 2022 and 5 closed out, a net change of -5 holders.
- The largest Offerpad Solutions Inc. Warrants, Every 15 warrants will be exercisable for one share of Class A Common Stock at an exercise price of $172.50 per share of Class A Common Stock buyer in Q1 2022 was Privium Fund Management, an estimated $534K added.
- The largest Offerpad Solutions Inc. Warrants, Every 15 warrants will be exercisable for one share of Class A Common Stock at an exercise price of $172.50 per share of Class A Common Stock seller in Q1 2022 was Park West Asset Management, an estimated $250K sold.
Based on aggregated 13F filings for Q1 2022.