Ocean Power Technologies
OPTT
16 hedge funds and large institutions have $843K invested in Ocean Power Technologies in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 5 closing their positions.
16.73% less ownership
Funds ownership: 24.89% → 8.16% (-17%)
20% less funds holding
Funds holding: 20 → 16 (-4)
36% less capital invested
Capital invested by funds: $1.33M → $843K (-$483K)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
+$53.6K |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$1.79K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$84 |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
AWM Investment Company
New York
|
-$211K |
| 2 |
Renaissance Technologies
New York
|
-$71.8K |
| 3 |
Bank of New York Mellon
New York
|
-$67K |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$67K |
| 5 |
ARTA
A.R.T. Advisors
New York
|
-$21K |
OPTT Hedge Fund Activity: Q3 2019 in Review
16 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Ocean Power Technologies (OPTT) for Q3 2019, worth a combined $843K — down 36% from $1.33M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of OPTT and 1 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Sabby Management, adding an estimated $53.6K. The largest seller was AWM Investment Company, cutting an estimated $211K.
- 16 institutional investors held Ocean Power Technologies (OPTT) as of Q3 2019, down from 20 in Q2 2019.
- Funds reported $843K of Ocean Power Technologies stock for Q3 2019, down 36% quarter-over-quarter.
- 1 fund opened new Ocean Power Technologies positions in Q3 2019 and 5 closed out, a net change of -4 holders.
- The largest Ocean Power Technologies buyer in Q3 2019 was Sabby Management, an estimated $53.6K added.
- The largest Ocean Power Technologies seller in Q3 2019 was AWM Investment Company, an estimated $211K sold.
Based on aggregated 13F filings for Q3 2019.