Offerpad Solutions
OPAD
57 hedge funds and large institutions have $635M invested in Offerpad Solutions in 2022 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 6 closing their positions.
297% more call options, than puts
Call options by funds: $18.6M | Put options by funds: $4.69M
283% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 6
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
43% more funds holding
Funds holding: 40 → 57 (+17)
0% more ownership
Funds ownership: 0.37% → 0.37% (+0%)
20% less capital invested
Capital invested by funds: $790M → $635M (-$154M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kemnay Advisory Services
New York
|
+$12.9M |
| 2 |
BC
BIT Capital
Berlin,
Germany
|
+$5.15M |
| 3 |
State Street
Boston,
Massachusetts
|
+$941K |
| 4 |
Millennium Management
New York
|
+$765K |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
+$729K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$5.33M |
| 2 |
IM
Islet Management
New York
|
-$4.15M |
| 3 |
ZP
Zimmer Partners
New York
|
-$1.44M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$792K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$359K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SOW
51
State of Wyoming
Cheyenne,
Wyoming
| $5K | +$4.08K | +6 | New |
|
|
OCM
52
Ovata Capital Management
Hong Kong
| $4K | +$3.4K | +5 | New |
|
|
TWA
53
TCI Wealth Advisors
Tucson,
Arizona
| $3K | +$2.72K | +4 | New |
|
54
JP Morgan Chase
New York
| $2K | -$15.7K | -23 | -88% |
|
|
APC
55
Aspire Private Capital
Cornelius,
North Carolina
| $2K | – | – | – |
|
56
National Bank of Canada
Montreal,
Quebec, Canada
| $2K | – | – | – |
|
57
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $1K | – | – | – |
|
|
IM
58
Islet Management
New York
| – | -$4.15M | -4,325 | Closed |
|
|
59
AllianceBernstein
Nashville,
Tennessee
| – | -$359K | -374 | Closed |
|
|
XT
60
XTX Topco
George Town,
Cayman Islands
| – | -$126K | -131 | Closed |
|
61
Marshall Wace
London,
United Kingdom
| – | -$67K | -70 | Closed |
|
62
Wolverine Trading
Chicago,
Illinois
| – | -$47K | -69 | Closed |
|
63
Parallax Volatility Advisers
San Francisco,
California
| – | -$40.8K | -60 | Closed |
|
OPAD Hedge Fund Activity: Q1 2022 in Review
57 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Offerpad Solutions (OPAD) for Q1 2022, worth a combined $635M — down 20% from $790M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new OPAD positions and 6 closed out — a net gain of 17 holders — while 19 added to existing stakes and 6 trimmed.
The largest buyer was Kemnay Advisory Services, opening a new position worth an estimated $12.9M. The largest seller was Luxor Capital Group, cutting an estimated $5.33M.
- 57 institutional investors held Offerpad Solutions (OPAD) as of Q1 2022, up from 40 in Q4 2021.
- Funds reported $635M of Offerpad Solutions stock for Q1 2022, down 20% quarter-over-quarter.
- 23 funds opened new Offerpad Solutions positions in Q1 2022 and 6 closed out, a net change of +17 holders.
- The largest Offerpad Solutions buyer in Q1 2022 was Kemnay Advisory Services, an estimated $12.9M added.
- The largest Offerpad Solutions seller in Q1 2022 was Luxor Capital Group, an estimated $5.33M sold.
Based on aggregated 13F filings for Q1 2022.