Offerpad Solutions
OPAD
74 hedge funds and large institutions have $328M invested in Offerpad Solutions in 2021 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 10 closing their positions.
390% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 10
263% more call options, than puts
Call options by funds: $6.03M | Put options by funds: $1.66M
111% more funds holding
Funds holding: 35 → 74 (+39)
74% more capital invested
Capital invested by funds: $189M → $328M (+$139M)
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
0.25% more ownership
Funds ownership: 0.28% → 0.54% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$39.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$17.4M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$13.7M |
| 4 |
GC
Greenlight Capital
New York
|
+$13.4M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCC
Spring Creek Capital
Wichita,
Kansas
|
-$7.7M |
| 2 |
Goldman Sachs
New York
|
-$5.66M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$4.95M |
| 4 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
-$4.35M |
| 5 |
GL
Governors Lane
New York
|
-$4.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
76
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$4.95M | -3,000 | Closed |
|
|
GL
77
Governors Lane
New York
| – | -$4.13M | -2,500 | Closed |
|
|
PMAM
78
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| – | -$4.35M | -2,500 | Closed |
|
|
HIM
79
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$3M | -1,820 | Closed |
|
|
SC
80
Sculptor Capital
New York
| – | -$2.6M | -1,576 | Closed |
|
81
Squarepoint
New York
| – | -$1.65M | -1,000 | Closed |
|
|
CS
82
Credit Suisse
Zurich,
Switzerland
| – | -$1.6M | -972 | Closed |
|
|
EAM
83
Exos Asset Management
New York
| – | -$717K | -434 | Closed |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$19K | -11 | Closed |
|
OPAD Hedge Fund Activity: Q1 2021 in Review
74 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Offerpad Solutions (OPAD) for Q1 2021, worth a combined $328M — up 74% from $189M a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new OPAD positions and 10 closed out — a net gain of 39 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Weiss Asset Management, adding an estimated $39.9M. The largest seller was Spring Creek Capital, exiting entirely with an estimated $7.7M sold.
- 74 institutional investors held Offerpad Solutions (OPAD) as of Q1 2021, up from 35 in Q4 2020.
- Funds reported $328M of Offerpad Solutions stock for Q1 2021, up 74% quarter-over-quarter.
- 49 funds opened new Offerpad Solutions positions in Q1 2021 and 10 closed out, a net change of +39 holders.
- The largest Offerpad Solutions buyer in Q1 2021 was Weiss Asset Management, an estimated $39.9M added.
- The largest Offerpad Solutions seller in Q1 2021 was Spring Creek Capital, an estimated $7.7M sold.
Based on aggregated 13F filings for Q1 2021.