Ocean Power Technologies
OPTT
11 hedge funds and large institutions have $201K invested in Ocean Power Technologies in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 6 closing their positions.
5.09% less ownership
Funds ownership: 8.16% → 3.06% (-5.1%)
31% less funds holding
Funds holding: 16 → 11 (-5)
76% less capital invested
Capital invested by funds: $843K → $201K (-$642K)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWMG
Prestige Wealth Management Group
Flemington,
New Jersey
|
+$1.25K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$30 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Sabby Management
Miami Beach,
Florida
|
-$269K |
| 2 |
Renaissance Technologies
New York
|
-$82K |
| 3 |
VF
Virtu Financial
New York
|
-$45K |
| 4 |
AIC
AWM Investment Company
New York
|
-$21.6K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
1
AWM Investment Company
New York
| $184K | -$21.6K | -17,277 | -8% |
|
2
Vanguard Group
Malvern,
Pennsylvania
| $16K | – | – | – |
|
|
PWMG
3
Prestige Wealth Management Group
Flemington,
New Jersey
| $1K | +$1.25K | +1,000 | New |
|
|
RE
4
RBC Europe
London,
United Kingdom
| $2 | -$6 | -5 | -71% |
|
|
APA
5
American Portfolios Advisors
Holbrook,
New York
| $1 | – | – | – |
|
|
SM
6
Sabby Management
Miami Beach,
Florida
| – | -$269K | -150,000 | Closed |
|
|
7
Renaissance Technologies
New York
| – | -$82K | -45,601 | Closed |
|
|
VF
8
Virtu Financial
New York
| – | -$45K | -25,346 | Closed |
|
|
9
Victory Capital Management
San Antonio,
Texas
| – | -$2K | -1,024 | Closed |
|
10
UBS Group
Zurich,
Switzerland
| – | -$401 | -320 | -78% |
|
|
FANJ
11
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$313 | -250 | -71% |
|
12
Morgan Stanley
New York
| – | -$1 | -1 | -1% |
|
|
13
Bank of America
Charlotte,
North Carolina
| – | +$30 | +24 | +44% |
|
OPTT Hedge Fund Activity: Q4 2019 in Review
11 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Ocean Power Technologies (OPTT) for Q4 2019, worth a combined $201K — down 76% from $843K a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of OPTT and 1 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was Prestige Wealth Management Group, opening a new position worth an estimated $1.25K. The largest seller was Sabby Management, exiting entirely with an estimated $269K sold.
- 11 institutional investors held Ocean Power Technologies (OPTT) as of Q4 2019, down from 16 in Q3 2019.
- Funds reported $201K of Ocean Power Technologies stock for Q4 2019, down 76% quarter-over-quarter.
- 1 fund opened new Ocean Power Technologies positions in Q4 2019 and 6 closed out, a net change of -5 holders.
- The largest Ocean Power Technologies buyer in Q4 2019 was Prestige Wealth Management Group, an estimated $1.25K added.
- The largest Ocean Power Technologies seller in Q4 2019 was Sabby Management, an estimated $269K sold.
Based on aggregated 13F filings for Q4 2019.