Opendoor
OPEN
303 hedge funds and large institutions have $1.11B invested in Opendoor in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 88 increasing their positions, 87 reducing their positions, and 44 closing their positions.
64% more call options, than puts
Call options by funds: $25.5M | Put options by funds: $15.6M
18% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 44
1% more funds holding
Funds holding: 299 → 303 (+4)
1% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 87
0.84% more ownership
Funds ownership: 65.28% → 66.12% (+0.84%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
32% less capital invested
Capital invested by funds: $1.64B → $1.11B (-$527M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$33.6M |
| 2 |
Goldman Sachs
New York
|
+$22.9M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$20.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$45.4M |
| 2 |
SPC
Slate Path Capital
New York
|
-$43.1M |
| 3 |
SCH
Sylebra Capital (HK)
Hong Kong
|
-$24.9M |
| 4 |
BPIH
Broad Peak Investment Holdings
Singapore
|
-$22.6M |
| 5 |
BC
BIT Capital
Berlin,
Germany
|
-$16.7M |
OPEN Hedge Fund Activity: Q3 2023 in Review
303 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Opendoor (OPEN) for Q3 2023, worth a combined $1.11B — down 32% from $1.64B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new OPEN positions and 44 closed out — a net gain of 8 holders — while 88 added to existing stakes and 87 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $33.6M. The largest seller was Deutsche Bank, cutting an estimated $45.4M.
- 303 institutional investors held Opendoor (OPEN) as of Q3 2023, up from 299 in Q2 2023.
- Funds reported $1.11B of Opendoor stock for Q3 2023, down 32% quarter-over-quarter.
- 52 funds opened new Opendoor positions in Q3 2023 and 44 closed out, a net change of +8 holders.
- The largest Opendoor buyer in Q3 2023 was Renaissance Technologies, an estimated $33.6M added.
- The largest Opendoor seller in Q3 2023 was Deutsche Bank, an estimated $45.4M sold.
Based on aggregated 13F filings for Q3 2023.