Ocean Power Technologies
OPTT
33 hedge funds and large institutions have $1.51M invested in Ocean Power Technologies in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 5 closing their positions.
0.36% less ownership
Funds ownership: 6.95% → 6.59% (-0.36%)
3% less funds holding
Funds holding: 34 → 33 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
35% less capital invested
Capital invested by funds: $2.34M → $1.51M (-$832K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Bailard
Foster City,
California
|
+$24K |
| 2 |
Morgan Stanley
New York
|
+$10.9K |
| 3 |
SF
Synovus Financial
Columbus,
Georgia
|
+$8.85K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.18K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$217 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$18.7K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$16K |
| 3 |
Jane Street
New York
|
-$15.5K |
| 4 |
Millennium Management
New York
|
-$9.35K |
| 5 |
VF
Virtu Financial
New York
|
-$2.58K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $167 | +$12 | +24 | +6% |
|
27
JP Morgan Chase
New York
| $26 | +$34 | +67 | New |
|
28
Qube Research & Technologies (QRT)
London,
United Kingdom
| $20 | +$25 | +50 | New |
|
29
Fidelity Investments
Boston,
Massachusetts
| $5 | +$6 | +12 | New |
|
30
UBS Group
Zurich,
Switzerland
| $2 | -$960 | -1,896 | -100% |
|
|
WTA
31
Washington Trust Advisors
Wellesley,
Massachusetts
| $1 | – | – | – |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$16K | -31,522 | Closed |
|
|
33
Jane Street
New York
| – | -$15.5K | -25,791 | Closed |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$314 | -620 | -58% |
|
|
CAS
35
Coppell Advisory Solutions
Coppell,
Texas
| – | -$250 | -413 | Closed |
|
|
GI
36
Gradient Investments
Arden Hills,
Minnesota
| – | -$120 | -200 | Closed |
|
|
HI
37
Harbour Investments
Madison,
Wisconsin
| – | -$120 | -200 | Closed |
|
OPTT Hedge Fund Activity: Q3 2023 in Review
33 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Ocean Power Technologies (OPTT) for Q3 2023, worth a combined $1.51M — down 35% from $2.34M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of OPTT and 4 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 5 added.
The largest buyer was Bailard, adding an estimated $24K. The largest seller was Citadel Advisors, cutting an estimated $18.7K.
- 33 institutional investors held Ocean Power Technologies (OPTT) as of Q3 2023, down from 34 in Q2 2023.
- Funds reported $1.51M of Ocean Power Technologies stock for Q3 2023, down 35% quarter-over-quarter.
- 4 funds opened new Ocean Power Technologies positions in Q3 2023 and 5 closed out, a net change of -1 holder.
- The largest Ocean Power Technologies buyer in Q3 2023 was Bailard, an estimated $24K added.
- The largest Ocean Power Technologies seller in Q3 2023 was Citadel Advisors, an estimated $18.7K sold.
Based on aggregated 13F filings for Q3 2023.