OppFi
OPFI
62 hedge funds and large institutions have $205M invested in OppFi in 2021 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 22 closing their positions.
556% more call options, than puts
Call options by funds: $584K | Put options by funds: $89K
82% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 22
38% more funds holding
Funds holding: 45 → 62 (+17)
31% more capital invested
Capital invested by funds: $156M → $205M (+$48.9M)
19.61% more ownership
Funds ownership: 63.26% → 82.87% (+20%)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
+$25.5M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$18.5M |
| 3 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$15.4M |
| 4 |
CC
Clearline Capital
New York
|
+$15.4M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
+$5.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$19.9M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$13.9M |
| 3 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$9.16M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
-$5.09M |
| 5 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$4.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Walleye Trading
New York
| – | -$754K | -74,040 | Closed |
|
77
Balyasny Asset Management
Chicago,
Illinois
| – | -$695K | -68,266 | Closed |
|
|
COPPSERS
78
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$509K | -50,000 | Closed |
|
79
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$458K | -45,000 | Closed |
|
|
ACA
80
Arena Capital Advisors
Los Angeles,
California
| – | -$392K | -38,500 | Closed |
|
|
RA
81
RiverPark Advisors
New York
| – | -$383K | -37,604 | Closed |
|
|
EAM
82
Exos Asset Management
New York
| – | -$17K | -1,700 | Closed |
|
|
WAM
83
Wolverine Asset Management
Chicago,
Illinois
| – | -$15K | -1,496 | Closed |
|
|
SGAM
84
Seaport Global Asset Management
New York
| – | -$10K | -1,000 | Closed |
|
OPFI Hedge Fund Activity: Q1 2021 in Review
62 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in OppFi (OPFI) for Q1 2021, worth a combined $205M — up 31% from $156M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new OPFI positions and 22 closed out — a net gain of 18 holders — while 6 added to existing stakes and 14 trimmed.
The largest buyer was Corsair Capital Management, opening a new position worth an estimated $25.5M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $19.9M sold.
- 62 institutional investors held OppFi (OPFI) as of Q1 2021, up from 45 in Q4 2020.
- Funds reported $205M of OppFi stock for Q1 2021, up 31% quarter-over-quarter.
- 40 funds opened new OppFi positions in Q1 2021 and 22 closed out, a net change of +18 holders.
- The largest OppFi buyer in Q1 2021 was Corsair Capital Management, an estimated $25.5M added.
- The largest OppFi seller in Q1 2021 was Karpus Investment Management, an estimated $19.9M sold.
Based on aggregated 13F filings for Q1 2021.