Openlane
OPLN
200 hedge funds and large institutions have $1.57B invested in Openlane in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 56 increasing their positions, 90 reducing their positions, and 22 closing their positions.
18% more call options, than puts
Call options by funds: $639K | Put options by funds: $542K
8% more capital invested
Capital invested by funds: $1.46B → $1.57B (+$116M)
3.14% more ownership
Funds ownership: 102.38% → 105.52% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 213 → 200 (-13)
38% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 90
45% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
+$7.66M |
| 2 |
CSCSIM
Clear Sky Carbon Solutions Investment Management
Bellaire,
Texas
|
+$3.33M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$2.83M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.8M |
| 5 |
Neuberger Berman Group
New York
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$6.46M |
| 2 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
-$5.36M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$5.17M |
| 4 |
BlackRock
New York
|
-$4.58M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$4.36M |
OPLN Hedge Fund Activity: Q1 2023 in Review
200 of the 6,285 institutional investors tracked by Wall St. Rank reported a position in Openlane (OPLN) for Q1 2023, worth a combined $1.57B — up 8% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of OPLN and 12 opened new positions — a net loss of 10 holders — while 90 trimmed existing stakes and 56 added.
The largest buyer was Schonfeld Strategic Advisors, adding an estimated $7.66M. The largest seller was Bridgeway Capital Management, exiting entirely with an estimated $6.46M sold.
- 200 institutional investors held Openlane (OPLN) as of Q1 2023, down from 213 in Q4 2022.
- Funds reported $1.57B of Openlane stock for Q1 2023, up 8% quarter-over-quarter.
- 12 funds opened new Openlane positions in Q1 2023 and 22 closed out, a net change of -10 holders.
- The largest Openlane buyer in Q1 2023 was Schonfeld Strategic Advisors, an estimated $7.66M added.
- The largest Openlane seller in Q1 2023 was Bridgeway Capital Management, an estimated $6.46M sold.
Based on aggregated 13F filings for Q1 2023.