Opendoor
OPEN
299 hedge funds and large institutions have $667M invested in Opendoor in 2023 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 89 increasing their positions, 80 reducing their positions, and 46 closing their positions.
102% more call options, than puts
Call options by funds: $9.87M | Put options by funds: $4.88M
29% more capital invested
Capital invested by funds: $516M → $667M (+$151M)
24% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 46
11% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 80
3% more funds holding
Funds holding: 291 → 299 (+8)
11.53% less ownership
Funds ownership: 72.43% → 60.9% (-12%)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$9.68M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$6.77M |
| 3 |
Millennium Management
New York
|
+$3.53M |
| 4 |
Jane Street
New York
|
+$3.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$61M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$16.6M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$13.2M |
| 4 |
BC
BIT Capital
Berlin,
Germany
|
-$12.8M |
| 5 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
-$12.8M |
OPEN Hedge Fund Activity: Q1 2023 in Review
299 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Opendoor (OPEN) for Q1 2023, worth a combined $667M — up 29% from $516M a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new OPEN positions and 46 closed out — a net gain of 11 holders — while 89 added to existing stakes and 80 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $9.68M. The largest seller was Goldman Sachs, cutting an estimated $61M.
- 299 institutional investors held Opendoor (OPEN) as of Q1 2023, up from 291 in Q4 2022.
- Funds reported $667M of Opendoor stock for Q1 2023, up 29% quarter-over-quarter.
- 57 funds opened new Opendoor positions in Q1 2023 and 46 closed out, a net change of +11 holders.
- The largest Opendoor buyer in Q1 2023 was Citadel Advisors, an estimated $9.68M added.
- The largest Opendoor seller in Q1 2023 was Goldman Sachs, an estimated $61M sold.
Based on aggregated 13F filings for Q1 2023.