Openlane
OPLN
207 hedge funds and large institutions have $1.67B invested in Openlane in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 60 increasing their positions, 68 reducing their positions, and 19 closing their positions.
44% more call options, than puts
Call options by funds: $1M | Put options by funds: $696K
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
6% more capital invested
Capital invested by funds: $1.57B → $1.67B (+$102M)
4% more funds holding
Funds holding: 200 → 207 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.82% less ownership
Funds ownership: 105.52% → 100.7% (-4.8%)
12% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$4.97M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.22M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$3.22M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$2.97M |
| 5 |
Two Sigma Investments
New York
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$26.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.7M |
| 3 |
Morgan Stanley
New York
|
-$12.5M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$5.97M |
| 5 |
CSCSIM
Clear Sky Carbon Solutions Investment Management
Bellaire,
Texas
|
-$5.03M |
OPLN Hedge Fund Activity: Q2 2023 in Review
207 of the 6,385 institutional investors tracked by Wall St. Rank reported a position in Openlane (OPLN) for Q2 2023, worth a combined $1.67B — up 6.5% from $1.57B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new OPLN positions and 19 closed out — a net gain of 8 holders — while 60 added to existing stakes and 68 trimmed.
The largest buyer was Harris Associates, adding an estimated $4.97M. The largest seller was American Century Companies, cutting an estimated $26.8M.
- 207 institutional investors held Openlane (OPLN) as of Q2 2023, up from 200 in Q1 2023.
- Funds reported $1.67B of Openlane stock for Q2 2023, up 6.5% quarter-over-quarter.
- 27 funds opened new Openlane positions in Q2 2023 and 19 closed out, a net change of +8 holders.
- The largest Openlane buyer in Q2 2023 was Harris Associates, an estimated $4.97M added.
- The largest Openlane seller in Q2 2023 was American Century Companies, an estimated $26.8M sold.
Based on aggregated 13F filings for Q2 2023.