Openlane
OPLN
200 hedge funds and large institutions have $1.6B invested in Openlane in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 86 reducing their positions, and 23 closing their positions.
34% more call options, than puts
Call options by funds: $414K | Put options by funds: $309K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $1.67B → $1.6B (-$72.6M)
2.67% less ownership
Funds ownership: 100.7% → 98.03% (-2.7%)
3% less funds holding
Funds holding: 207 → 200 (-7)
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
44% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 86
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sunriver Management
Greenwich,
Connecticut
|
+$4.34M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$3.49M |
| 3 |
D.E. Shaw & Co
New York
|
+$3.02M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$2.8M |
| 5 |
RC
Roubaix Capital
Denver,
Colorado
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$8.6M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
-$7.41M |
| 3 |
Morgan Stanley
New York
|
-$7.11M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$4.74M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$4.18M |
OPLN Hedge Fund Activity: Q3 2023 in Review
200 of the 6,312 institutional investors tracked by Wall St. Rank reported a position in Openlane (OPLN) for Q3 2023, worth a combined $1.6B — down 4.3% from $1.67B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of OPLN and 17 opened new positions — a net loss of 6 holders — while 86 trimmed existing stakes and 48 added.
The largest buyer was Sunriver Management, opening a new position worth an estimated $4.34M. The largest seller was BlackRock, cutting an estimated $8.6M.
- 200 institutional investors held Openlane (OPLN) as of Q3 2023, down from 207 in Q2 2023.
- Funds reported $1.6B of Openlane stock for Q3 2023, down 4.3% quarter-over-quarter.
- 17 funds opened new Openlane positions in Q3 2023 and 23 closed out, a net change of -6 holders.
- The largest Openlane buyer in Q3 2023 was Sunriver Management, an estimated $4.34M added.
- The largest Openlane seller in Q3 2023 was BlackRock, an estimated $8.6M sold.
Based on aggregated 13F filings for Q3 2023.