Opendoor
OPEN
180 hedge funds and large institutions have $6.87B invested in Opendoor in 2021 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 49 increasing their positions, 28 reducing their positions, and 31 closing their positions.
139% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 31
75% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 28
31% more funds holding
Funds holding: 137 → 180 (+43)
19% more capital invested
Capital invested by funds: $5.79B → $6.87B (+$1.08B)
6.74% more ownership
Funds ownership: 49.41% → 56.15% (+6.7%)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
39% less call options, than puts
Call options by funds: $164M | Put options by funds: $267M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$784M |
| 2 |
BlackRock
New York
|
+$258M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$251M |
| 4 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$208M |
| 5 |
NAMA
Nikko Asset Management Americas
New York
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$90.9M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$90.9M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$68.2M |
| 4 |
SCM
Suvretta Capital Management
New York
|
-$55.3M |
| 5 |
Millennium Management
New York
|
-$46.8M |
OPEN Hedge Fund Activity: Q1 2021 in Review
180 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Opendoor (OPEN) for Q1 2021, worth a combined $6.87B — up 19% from $5.79B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new OPEN positions and 31 closed out — a net gain of 43 holders — while 49 added to existing stakes and 28 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $784M. The largest seller was Altimeter Capital Management, exiting entirely with an estimated $90.9M sold.
- 180 institutional investors held Opendoor (OPEN) as of Q1 2021, up from 137 in Q4 2020.
- Funds reported $6.87B of Opendoor stock for Q1 2021, up 19% quarter-over-quarter.
- 74 funds opened new Opendoor positions in Q1 2021 and 31 closed out, a net change of +43 holders.
- The largest Opendoor buyer in Q1 2021 was Vanguard Group, an estimated $784M added.
- The largest Opendoor seller in Q1 2021 was Altimeter Capital Management, an estimated $90.9M sold.
Based on aggregated 13F filings for Q1 2021.