Opendoor
OPEN
303 hedge funds and large institutions have $1.24B invested in Opendoor in 2024 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 98 increasing their positions, 84 reducing their positions, and 55 closing their positions.
42% more call options, than puts
Call options by funds: $20.3M | Put options by funds: $14.3M
17% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 84
9% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 55
2% less funds holding
Funds holding: 310 → 303 (-7)
2.96% less ownership
Funds ownership: 65.2% → 62.24% (-3%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
35% less capital invested
Capital invested by funds: $1.89B → $1.24B (-$654M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$20M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$18.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$16.5M |
| 4 |
SC
Sylebra Capital
Palo Alto,
California
|
+$11M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$32.5M |
| 2 |
Morgan Stanley
New York
|
-$29.9M |
| 3 |
BC
BIT Capital
Berlin,
Germany
|
-$25.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$13.8M |
| 5 |
Two Sigma Investments
New York
|
-$10.1M |
OPEN Hedge Fund Activity: Q1 2024 in Review
303 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Opendoor (OPEN) for Q1 2024, worth a combined $1.24B — down 35% from $1.89B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of OPEN and 50 opened new positions — a net loss of 5 holders — while 84 trimmed existing stakes and 98 added.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $20M. The largest seller was Deutsche Bank, cutting an estimated $32.5M.
- 303 institutional investors held Opendoor (OPEN) as of Q1 2024, down from 310 in Q4 2023.
- Funds reported $1.24B of Opendoor stock for Q1 2024, down 35% quarter-over-quarter.
- 50 funds opened new Opendoor positions in Q1 2024 and 55 closed out, a net change of -5 holders.
- The largest Opendoor buyer in Q1 2024 was Point72 Asset Management, an estimated $20M added.
- The largest Opendoor seller in Q1 2024 was Deutsche Bank, an estimated $32.5M sold.
Based on aggregated 13F filings for Q1 2024.