Openlane
OPLN
210 hedge funds and large institutions have $4.29B invested in Openlane in 2013 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 85 increasing their positions, 60 reducing their positions, and 28 closing their positions.
57% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 28
49.89% more ownership
Funds ownership: 225.76% → 275.66% (+50%)
42% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 60
28% more capital invested
Capital invested by funds: $3.34B → $4.29B (+$950M)
13% more funds holding in top 10
Funds holding in top 10: 15 → 17 (+2)
8% more funds holding
Funds holding: 194 → 210 (+16)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$114M |
| 2 |
AC
Axon Capital
New York
|
+$79.8M |
| 3 |
SCM
SAB Capital Management
New York
|
+$60.5M |
| 4 |
VM
Valinor Management
New York
|
+$60.5M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$58.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$201M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$49.3M |
| 3 |
JCMLC
JAT Capital Management LP (Connecticut)
Greenwich,
Connecticut
|
-$29.9M |
| 4 |
Millennium Management
New York
|
-$26M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$17.6M |
OPLN Hedge Fund Activity: Q4 2013 in Review
210 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Openlane (OPLN) for Q4 2013, worth a combined $4.29B — up 28% from $3.34B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new OPLN positions and 28 closed out — a net gain of 16 holders — while 85 added to existing stakes and 60 trimmed.
The largest buyer was Eminence Capital, opening a new position worth an estimated $114M. The largest seller was Goldman Sachs, exiting entirely with an estimated $201M sold.
- 210 institutional investors held Openlane (OPLN) as of Q4 2013, up from 194 in Q3 2013.
- Funds reported $4.29B of Openlane stock for Q4 2013, up 28% quarter-over-quarter.
- 44 funds opened new Openlane positions in Q4 2013 and 28 closed out, a net change of +16 holders.
- The largest Openlane buyer in Q4 2013 was Eminence Capital, an estimated $114M added.
- The largest Openlane seller in Q4 2013 was Goldman Sachs, an estimated $201M sold.
Based on aggregated 13F filings for Q4 2013.