Openlane
OPLN
217 hedge funds and large institutions have $1.88B invested in Openlane in 2022 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 75 increasing their positions, 82 reducing their positions, and 34 closing their positions.
0.49% less ownership
Funds ownership: 105.29% → 104.8% (-0.49%)
9% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 82
6% less funds holding
Funds holding: 232 → 217 (-15)
13% less call options, than puts
Call options by funds: $6.88M | Put options by funds: $7.87M
18% less capital invested
Capital invested by funds: $2.3B → $1.88B (-$418M)
29% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 34
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$26.3M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$18.8M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$16.2M |
| 4 |
Harris Associates
Chicago,
Illinois
|
+$14.8M |
| 5 |
Morgan Stanley
New York
|
+$14.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.9M |
| 2 |
NSGL
No Street GP LP
San Francisco,
California
|
-$17.3M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$12.8M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$12.2M |
| 5 |
D.E. Shaw & Co
New York
|
-$8.64M |
OPLN Hedge Fund Activity: Q2 2022 in Review
217 of the 5,960 institutional investors tracked by Wall St. Rank reported a position in Openlane (OPLN) for Q2 2022, worth a combined $1.88B — down 18% from $2.3B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of OPLN and 24 opened new positions — a net loss of 10 holders — while 82 trimmed existing stakes and 75 added.
The largest buyer was Hawk Ridge Capital Management, adding an estimated $26.3M. The largest seller was Fidelity Investments, cutting an estimated $29.9M.
- 217 institutional investors held Openlane (OPLN) as of Q2 2022, down from 232 in Q1 2022.
- Funds reported $1.88B of Openlane stock for Q2 2022, down 18% quarter-over-quarter.
- 24 funds opened new Openlane positions in Q2 2022 and 34 closed out, a net change of -10 holders.
- The largest Openlane buyer in Q2 2022 was Hawk Ridge Capital Management, an estimated $26.3M added.
- The largest Openlane seller in Q2 2022 was Fidelity Investments, an estimated $29.9M sold.
Based on aggregated 13F filings for Q2 2022.