Offerpad Solutions
OPAD
46 hedge funds and large institutions have $70.8M invested in Offerpad Solutions in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
5% more funds holding
Funds holding: 44 → 46 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
0.04% less ownership
Funds ownership: 5.91% → 5.86% (-0.04%)
46% less capital invested
Capital invested by funds: $131M → $70.8M (-$59.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.71M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$644K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$186K |
| 4 |
State Street
Boston,
Massachusetts
|
+$173K |
| 5 |
Bank of New York Mellon
New York
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.51M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$879K |
| 3 |
Millennium Management
New York
|
-$680K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$420K |
| 5 |
Goldman Sachs
New York
|
-$346K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Balyasny Asset Management
Chicago,
Illinois
| – | -$93.6K | -1,156 | Closed |
|
|
CSS
52
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$86.3K | -1,066 | Closed |
|
|
PAS
53
Point72 Asia (Singapore)
Singapore
| – | -$34.5K | -426 | Closed |
|
54
Fidelity Investments
Boston,
Massachusetts
| – | -$4.69K | -58 | Closed |
|
55
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$3 | -33 | Closed |
|
56
Group One Trading
Chicago,
Illinois
| – | -$1.41K | -17 | Closed |
|
57
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$259 | -3 | Closed |
|
|
SPIA
58
Steward Partners Investment Advisory
New York
| – | -$16 | – | – |
|
OPAD Hedge Fund Activity: Q2 2024 in Review
46 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Offerpad Solutions (OPAD) for Q2 2024, worth a combined $70.8M — down 46% from $131M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new OPAD positions and 11 closed out — a net gain of 2 holders — while 11 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock, adding an estimated $2.71M. The largest seller was Vanguard Group, cutting an estimated $2.51M.
- 46 institutional investors held Offerpad Solutions (OPAD) as of Q2 2024, up from 44 in Q1 2024.
- Funds reported $70.8M of Offerpad Solutions stock for Q2 2024, down 46% quarter-over-quarter.
- 13 funds opened new Offerpad Solutions positions in Q2 2024 and 11 closed out, a net change of +2 holders.
- The largest Offerpad Solutions buyer in Q2 2024 was BlackRock, an estimated $2.71M added.
- The largest Offerpad Solutions seller in Q2 2024 was Vanguard Group, an estimated $2.51M sold.
Based on aggregated 13F filings for Q2 2024.