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Offerpad Solutions

34 hedge funds and large institutions have $101M invested in Offerpad Solutions in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,620% more call options, than puts

Call options by funds: $2.15M | Put options by funds: $79K

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.18% less ownership

Funds ownership: 3.98%3.8% (-0.18%)

8% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 12

21% less funds holding

Funds holding: 4334 (-9)

24% less capital invested

Capital invested by funds: $132M → $101M (-$31.1M)

75% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 12

Holders
34
Holders Change
-9
Holders Change %
-20.93%
% of All Funds
0.54%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
3
Increased
11
Reduced
12
Closed
12
Calls
$2.15M
Puts
$79K
Net Calls
+$2.07M
Net Calls Change
-$8.77M
Name Holding Trade Value Shares
Change
Change in
Stake
LF
1
LL Funds
Pennsylvania
$65.2M -$11.2K -100 -0%
KAS
2
Kemnay Advisory Services
New York
$13.5M
Vanguard Group
3
Vanguard Group
Pennsylvania
$9.34M +$3.81M +34,101 +55%
UM
4
Ulysses Management
New York
$7.53M -$123K -1,100 -1%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$1.19M -$469K -4,191 -26%
BlackRock
6
BlackRock
New York
$843K -$53.5K -478 -5%
State Street
7
State Street
Massachusetts
$543K -$162K -1,449 -21%
Charles Schwab
8
Charles Schwab
California
$498K -$170K -1,517 -23%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$378K +$44.5K +398 +11%
Renaissance Technologies
10
Renaissance Technologies
New York
$367K +$102K +910 +32%
Invesco
11
Invesco
Georgia
$301K +$2.57K +23 +0.8%
American Century Companies
12
American Century Companies
Missouri
$298K +$342K +3,057 New
Citigroup
13
Citigroup
New York
$214K +$245K +2,192 +54,800%
Northern Trust
14
Northern Trust
Illinois
$193K +$9.51K +85 +5%
Millennium Management
15
Millennium Management
New York
$184K -$112K -1,000 -35%
RA
16
Royce & Associates
New York
$114K +$8.61K +77 +7%
Deutsche Bank
17
Deutsche Bank
Germany
$97K
Barclays
18
Barclays
United Kingdom
$90.5K -$543K -4,854 -84%
Morgan Stanley
19
Morgan Stanley
New York
$58K +$30.2K +270 +83%
GWSG
20
GPS Wealth Strategies Group
Colorado
$9.27K +$5.03K +45 +90%
Fidelity Investments
21
Fidelity Investments
Massachusetts
$6.74K
Bank of America
22
Bank of America
North Carolina
$6.33K +$4.7K +42 +183%
UBS Group
23
UBS Group
Switzerland
$6.18K +$5.03K +45 +250%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$4K -$1.68K -15 -26%
RhumbLine Advisers
25
RhumbLine Advisers
Massachusetts
$2.35K -$1.79K -16 -40%

OPAD Hedge Fund Activity: Q3 2023 in Review

34 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Offerpad Solutions (OPAD) for Q3 2023, worth a combined $101M — down 24% from $132M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of OPAD and 3 opened new positions — a net loss of 9 holders — while 12 trimmed existing stakes and 11 added.

The largest buyer was Vanguard Group, adding an estimated $3.81M. The largest seller was Barclays, cutting an estimated $543K.

  • 34 institutional investors held Offerpad Solutions (OPAD) as of Q3 2023, down from 43 in Q2 2023.
  • Funds reported $101M of Offerpad Solutions stock for Q3 2023, down 24% quarter-over-quarter.
  • 3 funds opened new Offerpad Solutions positions in Q3 2023 and 12 closed out, a net change of -9 holders.
  • The largest Offerpad Solutions buyer in Q3 2023 was Vanguard Group, an estimated $3.81M added.
  • The largest Offerpad Solutions seller in Q3 2023 was Barclays, an estimated $543K sold.

Based on aggregated 13F filings for Q3 2023.