Offerpad Solutions
OPAD
51 hedge funds and large institutions have $67.5M invested in Offerpad Solutions in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
11% more funds holding
Funds holding: 46 → 51 (+5)
0.22% more ownership
Funds ownership: 5.86% → 6.08% (+0.22%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $70.8M → $67.5M (-$3.23M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WSFS
Wilmington Savings Fund Society
Wilmington,
Delaware
|
+$2.39M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$186K |
| 3 |
CC
Corton Capital
Carrying Place,
Ontario, Canada
|
+$127K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$102K |
| 5 |
Morgan Stanley
New York
|
+$80.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$156K |
| 2 |
Charles Schwab
San Francisco,
California
|
-$152K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$132K |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$95K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$65.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Millennium Management
New York
| – | -$156K | -3,534 | Closed |
|
|
52
Invesco
Atlanta,
Georgia
| – | -$132K | -2,991 | Closed |
|
|
53
American Century Companies
Kansas City,
Missouri
| – | -$95K | -2,150 | Closed |
|
54
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$59.9K | -1,355 | Closed |
|
|
AGM
55
Alpine Global Management
New York
| – | -$45.1K | -1,020 | Closed |
|
|
CFM
56
Catalyst Funds Management
Sydney NSW,
Australia
| – | -$23.9K | -540 | Closed |
|
57
Simplex Trading
Chicago,
Illinois
| – | -$1.29K | -32 | -80% |
|
OPAD Hedge Fund Activity: Q3 2024 in Review
51 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Offerpad Solutions (OPAD) for Q3 2024, worth a combined $67.5M — down 4.6% from $70.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new OPAD positions and 6 closed out — a net gain of 5 holders — while 16 added to existing stakes and 8 trimmed.
The largest buyer was Wilmington Savings Fund Society, opening a new position worth an estimated $2.39M. The largest seller was Millennium Management, exiting entirely with an estimated $156K sold.
- 51 institutional investors held Offerpad Solutions (OPAD) as of Q3 2024, up from 46 in Q2 2024.
- Funds reported $67.5M of Offerpad Solutions stock for Q3 2024, down 4.6% quarter-over-quarter.
- 11 funds opened new Offerpad Solutions positions in Q3 2024 and 6 closed out, a net change of +5 holders.
- The largest Offerpad Solutions buyer in Q3 2024 was Wilmington Savings Fund Society, an estimated $2.39M added.
- The largest Offerpad Solutions seller in Q3 2024 was Millennium Management, an estimated $156K sold.
Based on aggregated 13F filings for Q3 2024.