Offerpad Solutions
OPAD
40 hedge funds and large institutions have $790M invested in Offerpad Solutions in 2021 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 20 closing their positions.
372% more capital invested
Capital invested by funds: $167M → $790M (+$622M)
285% more call options, than puts
Call options by funds: $19.6M | Put options by funds: $5.1M
3% more funds holding
Funds holding: 39 → 40 (+1)
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
0.31% more ownership
Funds ownership: 0.06% → 0.37% (+0.31%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.8M |
| 2 |
BlackRock
New York
|
+$7.15M |
| 3 |
ZP
Zimmer Partners
New York
|
+$6.75M |
| 4 |
LCG
Luxor Capital Group
New York
|
+$6.29M |
| 5 |
SM
Senvest Management
New York
|
+$6.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$8.72M |
| 2 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$6.98M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$6.84M |
| 4 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$4.8M |
| 5 |
LCM
LH Capital Markets
New York
|
-$4.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Jane Street
New York
| – | -$345K | -301 | Closed |
|
|
VF
52
Virtu Financial
New York
| – | -$218K | -167 | Closed |
|
|
ECM
53
ExodusPoint Capital Management
New York
| – | -$112K | -86 | Closed |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | -$102K | -78 | Closed |
|
|
SSA
55
Schonfeld Strategic Advisors
New York
| – | -$96K | -73 | Closed |
|
|
TSS
56
Two Sigma Securities
New York
| – | -$96K | -73 | Closed |
|
57
UBS Group
Zurich,
Switzerland
| – | -$36K | -27 | Closed |
|
|
SOW
58
State of Wyoming
Cheyenne,
Wyoming
| – | -$13K | -10 | Closed |
|
59
Belvedere Trading
Chicago,
Illinois
| – | -$9.17K | -8 | Closed |
|
|
ICM
60
Ionic Capital Management
New York
| – | -$5.73K | -5 | Closed |
|
OPAD Hedge Fund Activity: Q4 2021 in Review
40 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Offerpad Solutions (OPAD) for Q4 2021, worth a combined $790M — up 372% from $167M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new OPAD positions and 20 closed out — a net gain of 1 holder — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $31.8M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $8.72M sold.
- 40 institutional investors held Offerpad Solutions (OPAD) as of Q4 2021, up from 39 in Q3 2021.
- Funds reported $790M of Offerpad Solutions stock for Q4 2021, up 372% quarter-over-quarter.
- 21 funds opened new Offerpad Solutions positions in Q4 2021 and 20 closed out, a net change of +1 holder.
- The largest Offerpad Solutions buyer in Q4 2021 was Vanguard Group, an estimated $31.8M added.
- The largest Offerpad Solutions seller in Q4 2021 was Weiss Asset Management, an estimated $8.72M sold.
Based on aggregated 13F filings for Q4 2021.