OPAL Fuels
OPAL
22 hedge funds and large institutions have $72.7M invested in OPAL Fuels in 2022 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 60 closing their positions.
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50.18% less ownership
Funds ownership: 84.38% → 34.2% (-50%)
68% less funds holding
Funds holding: 68 → 22 (-46)
71% less capital invested
Capital invested by funds: $249M → $72.7M (-$176M)
77% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$29.7M |
| 2 |
ECP
Electron Capital Partners
New York
|
+$17.5M |
| 3 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$15.1M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$12.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$16.8M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$16M |
| 3 |
HCM
Highbridge Capital Management
New York
|
-$15.9M |
| 4 |
TCA
Taconic Capital Advisors
New York
|
-$13.2M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$12.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$207K | -20,795 | Closed |
|
|
AA
77
AQR Arbitrage
Greenwich,
Connecticut
| – | -$199K | -20,000 | Closed |
|
78
Capstone Investment Advisors
New York
| – | -$199K | -20,000 | Closed |
|
|
BP
79
BBR Partners
New York
| – | -$123K | -12,354 | Closed |
|
|
PCM
80
Penserra Capital Management
Orinda,
California
| – | -$34K | -3,439 | Closed |
|
81
Wells Fargo
San Francisco,
California
| – | +$194 | +20 | New |
|
|
CWM
82
Castle Wealth Management
West Palm Beach,
Florida
| – | +$242 | +25 | New |
|
OPAL Hedge Fund Activity: Q3 2022 in Review
22 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in OPAL Fuels (OPAL) for Q3 2022, worth a combined $72.7M — down 71% from $249M a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of OPAL and 14 opened new positions — a net loss of 46 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was Ares Management, opening a new position worth an estimated $29.7M. The largest seller was Citadel Advisors, exiting entirely with an estimated $16.8M sold.
- 22 institutional investors held OPAL Fuels (OPAL) as of Q3 2022, down from 68 in Q2 2022.
- Funds reported $72.7M of OPAL Fuels stock for Q3 2022, down 71% quarter-over-quarter.
- 14 funds opened new OPAL Fuels positions in Q3 2022 and 60 closed out, a net change of -46 holders.
- The largest OPAL Fuels buyer in Q3 2022 was Ares Management, an estimated $29.7M added.
- The largest OPAL Fuels seller in Q3 2022 was Citadel Advisors, an estimated $16.8M sold.
Based on aggregated 13F filings for Q3 2022.