Openlane
OPLN
284 hedge funds and large institutions have $5.89B invested in Openlane in 2016 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 98 increasing their positions, 99 reducing their positions, and 21 closing their positions.
1,876% more call options, than puts
Call options by funds: $6.44M | Put options by funds: $326K
148% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 21
12% more capital invested
Capital invested by funds: $5.24B → $5.89B (+$644M)
11% more funds holding
Funds holding: 255 → 284 (+29)
3.49% more ownership
Funds ownership: 267.91% → 271.4% (+3.5%)
1% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 99
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$119M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$72.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$58.3M |
| 4 |
O
OppenheimerFunds
New York
|
+$42M |
| 5 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
+$33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MDSL
M.D. Sass LLC
New York
|
-$79.4M |
| 2 |
PCM
Palestra Capital Management
New York
|
-$42.6M |
| 3 |
SC
Sculptor Capital
New York
|
-$32.5M |
| 4 |
VM
Valinor Management
New York
|
-$31.4M |
| 5 |
Millennium Management
New York
|
-$29.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
AQR Capital Management
Greenwich,
Connecticut
| – | -$221K | -15,289 | Closed |
|
|
AIM
302
Acrospire Investment Management
Chicago,
Illinois
| – | -$27K | -1,849 | Closed |
|
|
MPWT
303
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$8.62K | -576 | Closed |
|
OPLN Hedge Fund Activity: Q2 2016 in Review
284 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Openlane (OPLN) for Q2 2016, worth a combined $5.89B — up 12% from $5.24B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new OPLN positions and 21 closed out — a net gain of 31 holders — while 98 added to existing stakes and 99 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $119M. The largest seller was M.D. Sass LLC, cutting an estimated $79.4M.
- 284 institutional investors held Openlane (OPLN) as of Q2 2016, up from 255 in Q1 2016.
- Funds reported $5.89B of Openlane stock for Q2 2016, up 12% quarter-over-quarter.
- 52 funds opened new Openlane positions in Q2 2016 and 21 closed out, a net change of +31 holders.
- The largest Openlane buyer in Q2 2016 was Fidelity Investments, an estimated $119M added.
- The largest Openlane seller in Q2 2016 was M.D. Sass LLC, an estimated $79.4M sold.
Based on aggregated 13F filings for Q2 2016.