Openlane
OPLN
356 hedge funds and large institutions have $3.27B invested in Openlane in 2019 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 135 increasing their positions, 112 reducing their positions, and 63 closing their positions.
273% more call options, than puts
Call options by funds: $5.6M | Put options by funds: $1.5M
21% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 112
0.25% more ownership
Funds ownership: 116.12% → 116.38% (+0.25%)
3% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 63
2% less funds holding
Funds holding: 362 → 356 (-6)
14% less capital invested
Capital invested by funds: $3.81B → $3.27B (-$541M)
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$33.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$33M |
| 3 |
GCM
Gates Capital Management
New York
|
+$28.4M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$26.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$125M |
| 2 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$54.4M |
| 3 |
NMVA
New Mountain Vantage Advisers
New York
|
-$39.9M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$36.9M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FPS
401
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$61K | -2,499 | Closed |
|
|
AIC
402
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$51K | -2,080 | Closed |
|
403
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$46K | -1,870 | Closed |
|
|
CA
404
Crewe Advisors
Salt Lake City,
Utah
| – | -$46K | -1,870 | Closed |
|
|
HFM
405
Harvest Fund Management
Beijing,
China
| – | -$29K | -1,171 | Closed |
|
406
Marshall Wace
London,
United Kingdom
| – | -$17K | -691 | Closed |
|
|
FHA
407
First Horizon Advisors
Memphis,
Tennessee
| – | -$14K | -591 | Closed |
|
|
CIAS
408
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$7K | -296 | Closed |
|
409
Asset Management One
Tokyo,
Japan
| – | -$6K | -259 | Closed |
|
|
HH
410
HWG Holdings
Houston,
Texas
| – | -$1K | -40 | Closed |
|
|
TSW
411
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | +$114 | +5 | New |
|
|
CFGS
412
Concourse Financial Group Securities
Birmingham,
Alabama
| – | +$228 | +10 | New |
|
|
LWM
413
Lionsbridge Wealth Management
Jacksonville Beach,
Florida
| – | +$274 | +12 | New |
|
OPLN Hedge Fund Activity: Q4 2019 in Review
356 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Openlane (OPLN) for Q4 2019, worth a combined $3.27B — down 14% from $3.81B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of OPLN and 61 opened new positions — a net loss of 2 holders — while 112 trimmed existing stakes and 135 added.
The largest buyer was State of Michigan Retirement System, adding an estimated $33.4M. The largest seller was Maverick Capital, cutting an estimated $125M.
- 356 institutional investors held Openlane (OPLN) as of Q4 2019, down from 362 in Q3 2019.
- Funds reported $3.27B of Openlane stock for Q4 2019, down 14% quarter-over-quarter.
- 61 funds opened new Openlane positions in Q4 2019 and 63 closed out, a net change of -2 holders.
- The largest Openlane buyer in Q4 2019 was State of Michigan Retirement System, an estimated $33.4M added.
- The largest Openlane seller in Q4 2019 was Maverick Capital, an estimated $125M sold.
Based on aggregated 13F filings for Q4 2019.