Offerpad Solutions
OPAD
56 hedge funds and large institutions have $79.3M invested in Offerpad Solutions in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 20 closing their positions.
1,713% more call options, than puts
Call options by funds: $272K | Put options by funds: $15K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
40% more capital invested
Capital invested by funds: $56.6M → $79.3M (+$22.7M)
0.07% more ownership
Funds ownership: 0.35% → 0.43% (+0.07%)
23% less funds holding
Funds holding: 73 → 56 (-17)
85% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kemnay Advisory Services
New York
|
+$11.8M |
| 2 |
UM
Ulysses Management
New York
|
+$5.92M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$255K |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$53.6K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$48.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$169K |
| 2 |
BlackRock
New York
|
-$89.6K |
| 3 |
Charles Schwab
San Francisco,
California
|
-$50.7K |
| 4 |
E
Ergoteles
New York
|
-$48.4K |
| 5 |
Jane Street
New York
|
-$42.7K |
OPAD Hedge Fund Activity: Q1 2023 in Review
56 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Offerpad Solutions (OPAD) for Q1 2023, worth a combined $79.3M — up 40% from $56.6M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of OPAD and 3 opened new positions — a net loss of 17 holders — while 14 trimmed existing stakes and 20 added.
The largest buyer was Kemnay Advisory Services, adding an estimated $11.8M. The largest seller was D.E. Shaw & Co, exiting entirely with an estimated $169K sold.
- 56 institutional investors held Offerpad Solutions (OPAD) as of Q1 2023, down from 73 in Q4 2022.
- Funds reported $79.3M of Offerpad Solutions stock for Q1 2023, up 40% quarter-over-quarter.
- 3 funds opened new Offerpad Solutions positions in Q1 2023 and 20 closed out, a net change of -17 holders.
- The largest Offerpad Solutions buyer in Q1 2023 was Kemnay Advisory Services, an estimated $11.8M added.
- The largest Offerpad Solutions seller in Q1 2023 was D.E. Shaw & Co, an estimated $169K sold.
Based on aggregated 13F filings for Q1 2023.