Openlane
OPLN
348 hedge funds and large institutions have $3.51B invested in Openlane in 2019 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 14 increasing their positions, 279 reducing their positions, and 110 closing their positions.
66% more call options, than puts
Call options by funds: $8.14M | Put options by funds: $4.9M
15% less funds holding
Funds holding: 408 → 348 (-60)
49% less capital invested
Capital invested by funds: $6.87B → $3.51B (-$3.36B)
50% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 110
57% less funds holding in top 10
Funds holding in top 10: 14 → 6 (-8)
95% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 279
163.86% less ownership
Funds ownership: 266% → 102.14% (-164%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$109M |
| 2 |
NMVA
New Mountain Vantage Advisers
New York
|
+$32.4M |
| 3 |
GC
Greenlight Capital
New York
|
+$19.1M |
| 4 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
+$14.7M |
| 5 |
BC
Beaconlight Capital
New York
|
+$8.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$472M |
| 2 |
BlackRock
New York
|
-$383M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$211M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$164M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$147M |
OPLN Hedge Fund Activity: Q2 2019 in Review
348 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Openlane (OPLN) for Q2 2019, worth a combined $3.51B — down 49% from $6.87B a quarter earlier.
Sellers outnumbered buyers: 110 funds closed out of OPLN and 55 opened new positions — a net loss of 55 holders — while 279 trimmed existing stakes and 14 added.
The largest buyer was Maverick Capital, opening a new position worth an estimated $109M. The largest seller was Vanguard Group, cutting an estimated $472M.
- 348 institutional investors held Openlane (OPLN) as of Q2 2019, down from 408 in Q1 2019.
- Funds reported $3.51B of Openlane stock for Q2 2019, down 49% quarter-over-quarter.
- 55 funds opened new Openlane positions in Q2 2019 and 110 closed out, a net change of -55 holders.
- The largest Openlane buyer in Q2 2019 was Maverick Capital, an estimated $109M added.
- The largest Openlane seller in Q2 2019 was Vanguard Group, an estimated $472M sold.
Based on aggregated 13F filings for Q2 2019.