Openlane
OPLN
301 hedge funds and large institutions have $5.75B invested in Openlane in 2017 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 126 increasing their positions, 102 reducing their positions, and 31 closing their positions.
5,596% more call options, than puts
Call options by funds: $17.9M | Put options by funds: $315K
48% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 31
24% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 102
5% more funds holding
Funds holding: 288 → 301 (+13)
4% less capital invested
Capital invested by funds: $6.02B → $5.75B (-$266M)
2.2% less ownership
Funds ownership: 266.34% → 264.14% (-2.2%)
67% less funds holding in top 10
Funds holding in top 10: 9 → 3 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$71.6M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$40.3M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$39.5M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$38M |
| 5 |
Millennium Management
New York
|
+$36.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$52.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$51.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$50.7M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$48.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$31M |
OPLN Hedge Fund Activity: Q2 2017 in Review
301 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Openlane (OPLN) for Q2 2017, worth a combined $5.75B — down 4.4% from $6.02B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new OPLN positions and 31 closed out — a net gain of 15 holders — while 126 added to existing stakes and 102 trimmed.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $71.6M. The largest seller was Lord, Abbett & Co, cutting an estimated $52.2M.
- 301 institutional investors held Openlane (OPLN) as of Q2 2017, up from 288 in Q1 2017.
- Funds reported $5.75B of Openlane stock for Q2 2017, down 4.4% quarter-over-quarter.
- 46 funds opened new Openlane positions in Q2 2017 and 31 closed out, a net change of +15 holders.
- The largest Openlane buyer in Q2 2017 was Janus Henderson Group, an estimated $71.6M added.
- The largest Openlane seller in Q2 2017 was Lord, Abbett & Co, an estimated $52.2M sold.
Based on aggregated 13F filings for Q2 2017.