Openlane
OPLN
296 hedge funds and large institutions have $1.9B invested in Openlane in 2020 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 89 increasing their positions, 108 reducing their positions, and 39 closing their positions.
149% more call options, than puts
Call options by funds: $7.41M | Put options by funds: $2.97M
21% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 39
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
2% more funds holding
Funds holding: 291 → 296 (+5)
0% more capital invested
Capital invested by funds: $1.9B → $1.9B (+$1.83M)
4.64% less ownership
Funds ownership: 106.89% → 102.25% (-4.6%)
18% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 108
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$50M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$16.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$14.6M |
| 4 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
+$11.4M |
| 5 |
RCM
Redwood Capital Management
New York
|
+$8.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$40M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$36.4M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$29M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$28.4M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$15.8M |
OPLN Hedge Fund Activity: Q3 2020 in Review
296 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Openlane (OPLN) for Q3 2020, worth a combined $1.9B — up 0.1% from $1.9B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new OPLN positions and 39 closed out — a net gain of 8 holders — while 89 added to existing stakes and 108 trimmed.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $50M. The largest seller was Gates Capital Management, cutting an estimated $40M.
- 296 institutional investors held Openlane (OPLN) as of Q3 2020, up from 291 in Q2 2020.
- Funds reported $1.9B of Openlane stock for Q3 2020, up 0.1% quarter-over-quarter.
- 47 funds opened new Openlane positions in Q3 2020 and 39 closed out, a net change of +8 holders.
- The largest Openlane buyer in Q3 2020 was Melvin Capital Management, an estimated $50M added.
- The largest Openlane seller in Q3 2020 was Gates Capital Management, an estimated $40M sold.
Based on aggregated 13F filings for Q3 2020.