Openlane
OPLN
311 hedge funds and large institutions have $6.44B invested in Openlane in 2017 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 122 increasing their positions, 107 reducing their positions, and 33 closing their positions.
1,342% more call options, than puts
Call options by funds: $17.5M | Put options by funds: $1.22M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
39% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 33
14% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 107
12% more capital invested
Capital invested by funds: $5.75B → $6.44B (+$683M)
3% more funds holding
Funds holding: 301 → 311 (+10)
4.61% less ownership
Funds ownership: 264.14% → 259.53% (-4.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$61.2M |
| 2 |
GCM
Gates Capital Management
New York
|
+$37.4M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$25.6M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
+$25.5M |
| 5 |
PAM
Pagoda Asset Management
New York
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$160M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$58M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$39.2M |
| 4 |
VM
Valinor Management
New York
|
-$38.4M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$27.3M |
OPLN Hedge Fund Activity: Q3 2017 in Review
311 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Openlane (OPLN) for Q3 2017, worth a combined $6.44B — up 12% from $5.75B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new OPLN positions and 33 closed out — a net gain of 13 holders — while 122 added to existing stakes and 107 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $61.2M. The largest seller was Fidelity Investments, cutting an estimated $160M.
- 311 institutional investors held Openlane (OPLN) as of Q3 2017, up from 301 in Q2 2017.
- Funds reported $6.44B of Openlane stock for Q3 2017, up 12% quarter-over-quarter.
- 46 funds opened new Openlane positions in Q3 2017 and 33 closed out, a net change of +13 holders.
- The largest Openlane buyer in Q3 2017 was Wellington Management Group, an estimated $61.2M added.
- The largest Openlane seller in Q3 2017 was Fidelity Investments, an estimated $160M sold.
Based on aggregated 13F filings for Q3 2017.