Openlane
OPLN
230 hedge funds and large institutions have $1.84B invested in Openlane in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 98 reducing their positions, and 31 closing their positions.
7,100% more call options, than puts
Call options by funds: $504K | Put options by funds: $7K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
13% more capital invested
Capital invested by funds: $1.63B → $1.84B (+$210M)
2% less funds holding
Funds holding: 234 → 230 (-4)
3.23% less ownership
Funds ownership: 101.66% → 98.43% (-3.2%)
13% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 31
41% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 98
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$16.9M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$14.9M |
| 3 |
SM
Sunriver Management
Greenwich,
Connecticut
|
+$9.19M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$7.66M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$27.4M |
| 2 |
SCM
Snyder Capital Management
San Francisco,
California
|
-$25.8M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$12.6M |
| 4 |
PIM
Paradice Investment Management
Denver,
Colorado
|
-$11.2M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PHK
251
Point72 Hong Kong
Hong Kong
| – | -$129K | -8,678 | Closed |
|
252
Group One Trading
Chicago,
Illinois
| – | -$71K | -4,725 | Closed |
|
|
EC
253
EntryPoint Capital
New York
| – | -$27.1K | -1,830 | Closed |
|
|
JFGIW
254
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$13.2K | -888 | Closed |
|
|
PMEF
255
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$7.86K | -531 | Closed |
|
|
ASN
256
Advisory Services Network
Atlanta,
Georgia
| – | -$2.87K | -194 | Closed |
|
|
TC
257
Truvestments Capital
Sarasota,
Florida
| – | -$1.48K | -100 | Closed |
|
|
AF
258
Advisornet Financial
Minnetonka,
Minnesota
| – | -$385 | -26 | Closed |
|
|
GWS
259
Glassman Wealth Services
Vienna,
Virginia
| – | -$118 | -8 | Closed |
|
|
C
260
Covestor
London,
United Kingdom
| – | -$15 | -1 | -11% |
|
OPLN Hedge Fund Activity: Q1 2024 in Review
230 of the 6,946 institutional investors tracked by Wall St. Rank reported a position in Openlane (OPLN) for Q1 2024, worth a combined $1.84B — up 13% from $1.63B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of OPLN and 27 opened new positions — a net loss of 4 holders — while 98 trimmed existing stakes and 58 added.
The largest buyer was Invenomic Capital Management, adding an estimated $16.9M. The largest seller was Morgan Stanley, cutting an estimated $27.4M.
- 230 institutional investors held Openlane (OPLN) as of Q1 2024, down from 234 in Q4 2023.
- Funds reported $1.84B of Openlane stock for Q1 2024, up 13% quarter-over-quarter.
- 27 funds opened new Openlane positions in Q1 2024 and 31 closed out, a net change of -4 holders.
- The largest Openlane buyer in Q1 2024 was Invenomic Capital Management, an estimated $16.9M added.
- The largest Openlane seller in Q1 2024 was Morgan Stanley, an estimated $27.4M sold.
Based on aggregated 13F filings for Q1 2024.