Oportun Financial
OPRT
70 hedge funds and large institutions have $218M invested in Oportun Financial in 2020 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 31 increasing their positions, 6 reducing their positions, and 15 closing their positions.
417% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 6
47% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 15
25% more capital invested
Capital invested by funds: $174M → $218M (+$43.5M)
11% more funds holding
Funds holding: 63 → 70 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.5% less ownership
Funds ownership: 61.14% → 59.63% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.35M |
| 3 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$3.26M |
| 4 |
JP Morgan Chase
New York
|
+$1.72M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$18M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$17.9M |
| 3 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$777K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$639K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$561K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ECM
76
ExodusPoint Capital Management
New York
| – | -$305K | -28,914 | Closed |
|
77
Renaissance Technologies
New York
| – | -$289K | -27,360 | Closed |
|
|
AI
78
Atria Investments
Charlotte,
North Carolina
| – | -$257K | -24,318 | Closed |
|
|
B
79
Bailard
Foster City,
California
| – | -$110K | -10,400 | Closed |
|
80
Victory Capital Management
San Antonio,
Texas
| – | -$48K | -4,490 | Closed |
|
|
SMFS
81
Squar Milner Financial Services
Irvine,
California
| – | -$22K | -2,203 | Closed |
|
|
BFEC
82
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$13K | -1,211 | Closed |
|
83
Mitsubishi UFJ Asset Management
Tokyo,
Japan
| – | -$12K | -1,184 | Closed |
|
|
MAM
84
Meeder Asset Management
Dublin,
Ohio
| – | -$9K | -846 | Closed |
|
OPRT Hedge Fund Activity: Q2 2020 in Review
70 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Oportun Financial (OPRT) for Q2 2020, worth a combined $218M — up 25% from $174M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new OPRT positions and 15 closed out — a net gain of 7 holders — while 31 added to existing stakes and 6 trimmed.
The largest buyer was BlackRock, adding an estimated $10.4M. The largest seller was Fidelity Investments, exiting entirely with an estimated $18M sold.
- 70 institutional investors held Oportun Financial (OPRT) as of Q2 2020, up from 63 in Q1 2020.
- Funds reported $218M of Oportun Financial stock for Q2 2020, up 25% quarter-over-quarter.
- 22 funds opened new Oportun Financial positions in Q2 2020 and 15 closed out, a net change of +7 holders.
- The largest Oportun Financial buyer in Q2 2020 was BlackRock, an estimated $10.4M added.
- The largest Oportun Financial seller in Q2 2020 was Fidelity Investments, an estimated $18M sold.
Based on aggregated 13F filings for Q2 2020.