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.
23 hedge funds and large institutions have $1.95M 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 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 6 closing their positions.
12% less funds holding
Funds holding: 26 → 23 (-3)
34% less capital invested
Capital invested by funds: $2.96M → $1.95M (-$1M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAC
Cowen and Company
New York
|
+$93.9K |
| 2 |
Walleye Capital
New York
|
+$68.4K |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
+$43.7K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.25K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$154K |
| 2 |
PFM
Privium Fund Management
Amsterdam,
Netherlands
|
-$58K |
| 3 |
AGM
Alpine Global Management
New York
|
-$54K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$14.4K |
| 5 |
CH
CVI Holdings
Wilmington,
Delaware
|
-$7K |
OPAD.WS Hedge Fund Activity: Q3 2022 in Review
23 of the 5,805 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 Q3 2022, worth a combined $1.95M — down 34% from $2.96M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of OPAD.WS and 3 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was Cowen and Company, opening a new position worth an estimated $93.9K. The largest seller was Empyrean Capital Partners, exiting entirely with an estimated $154K sold.
- 23 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 Q3 2022, down from 26 in Q2 2022.
- Funds reported $1.95M 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 Q3 2022, down 34% quarter-over-quarter.
- 3 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 Q3 2022 and 6 closed out, a net change of -3 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 Q3 2022 was Cowen and Company, an estimated $93.9K 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 Q3 2022 was Empyrean Capital Partners, an estimated $154K sold.
Based on aggregated 13F filings for Q3 2022.