Offerpad Solutions
OPAD
84 hedge funds and large institutions have $294M invested in Offerpad Solutions in 2022 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 9 closing their positions.
300% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 9
47% more funds holding
Funds holding: 57 → 84 (+27)
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
25% more call options, than puts
Call options by funds: $5.7M | Put options by funds: $4.55M
0.02% more ownership
Funds ownership: 0.37% → 0.39% (+0.02%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less capital invested
Capital invested by funds: $635M → $294M (-$341M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.5M |
| 2 |
BlackRock
New York
|
+$13.3M |
| 3 |
Millennium Management
New York
|
+$12.6M |
| 4 |
State Street
Boston,
Massachusetts
|
+$4.31M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$14.1M |
| 2 |
LCG
Luxor Capital Group
New York
|
-$4.31M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$3.52M |
| 4 |
BC
BIT Capital
Berlin,
Germany
|
-$3.26M |
| 5 |
Morgan Stanley
New York
|
-$279K |
OPAD Hedge Fund Activity: Q2 2022 in Review
84 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Offerpad Solutions (OPAD) for Q2 2022, worth a combined $294M — down 54% from $635M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new OPAD positions and 9 closed out — a net gain of 27 holders — while 23 added to existing stakes and 16 trimmed.
The largest buyer was Vanguard Group, adding an estimated $16.5M. The largest seller was Zimmer Partners, cutting an estimated $14.1M.
- 84 institutional investors held Offerpad Solutions (OPAD) as of Q2 2022, up from 57 in Q1 2022.
- Funds reported $294M of Offerpad Solutions stock for Q2 2022, down 54% quarter-over-quarter.
- 36 funds opened new Offerpad Solutions positions in Q2 2022 and 9 closed out, a net change of +27 holders.
- The largest Offerpad Solutions buyer in Q2 2022 was Vanguard Group, an estimated $16.5M added.
- The largest Offerpad Solutions seller in Q2 2022 was Zimmer Partners, an estimated $14.1M sold.
Based on aggregated 13F filings for Q2 2022.