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OPAD.WS

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

Delisted

OPAD.WS was delisted on the 15th of November, 2023.

23 hedge funds and large institutions have $595K 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 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more capital invested

Capital invested by funds: $437K → $595K (+$158K)

8% less funds holding

Funds holding: 2523 (-2)

33% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 3

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

Holders
23
Holders Change
-2
Holders Change %
-8%
% of All Funds
0.37%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
2
Reduced
3
Closed
4
Calls
$6K
Puts
Net Calls
+$6K
Net Calls Change
+$3K
Name Holding Trade Value Shares
Change
Change in
Stake
LP
1
LMR Partners
United Kingdom
$258K
PFM
2
Privium Fund Management
Netherlands
$114K -$4.69K -96,349 -3%
BlackRock
3
BlackRock
New York
$48K -$5.02K -103,027 -8%
ICM
4
Ionic Capital Management
New York
$36.3K
Walleye Capital
5
Walleye Capital
New York
$31.8K +$3.08K +63,235 +9%
CAC
6
Cowen and Company
New York
$27.5K +$12.4K +254,235 +59%
CCA
7
Castle Creek Arbitrage
Colorado
$17.3K
SRFM
8
Shannon River Fund Management
New York
$13.5K
ICM
9
Indaba Capital Management
California
$10.7K
Balyasny Asset Management
10
Balyasny Asset Management
Illinois
$8K
SM
11
Senvest Management
New York
$6.34K
Point72 Asset Management
12
Point72 Asset Management
Connecticut
$5.33K
TCA
13
Taconic Capital Advisors
New York
$4.4K
HCM
14
Highbridge Capital Management
New York
$3K
Jane Street
15
Jane Street
New York
$2.69K
TCM
16
Tenor Capital Management
New York
$2.16K
WAM
17
Wolverine Asset Management
Illinois
$2.05K -$58 -1,200 -2%
MC
18
Meteora Capital
Florida
$1.12K
DKCM
19
Davidson Kempner Capital Management
New York
$902
DKP
20
Davidson Kempner Partners
New York
$902 +$1.1K +22,562 New
Neuberger Berman Group
21
Neuberger Berman Group
New York
$456
EWA
22
EverSource Wealth Advisors
Alabama
$72
UBS Group
23
UBS Group
Switzerland
$60 +$73 +1,500 New
AA
24
AQR Arbitrage
Connecticut
-$330 -14,660 Closed
TSS
25
Two Sigma Securities
New York
-$315 -14,000 Closed

OPAD.WS Hedge Fund Activity: Q1 2023 in Review

23 of the 6,275 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 2023, worth a combined $595K — up 36% from $437K a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of OPAD.WS and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 2 added.

The largest buyer was Cowen and Company, adding an estimated $12.4K. The largest seller was BlackRock, cutting an estimated $5.02K.

  • 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 Q1 2023, down from 25 in Q4 2022.
  • Funds reported $595K 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 2023, up 36% quarter-over-quarter.
  • 2 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 2023 and 4 closed out, a net change of -2 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 2023 was Cowen and Company, an estimated $12.4K 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 2023 was BlackRock, an estimated $5.02K sold.

Based on aggregated 13F filings for Q1 2023.