Ocean Power Technologies
OPTT
36 hedge funds and large institutions have $2.14M invested in Ocean Power Technologies in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 6 closing their positions.
10% more capital invested
Capital invested by funds: $1.94M → $2.14M (+$199K)
0.48% less ownership
Funds ownership: 7.71% → 7.23% (-0.48%)
5% less funds holding
Funds holding: 38 → 36 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$28.6K |
| 2 |
TC
TownSquare Capital
Provo,
Utah
|
+$9.78K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$8.23K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.36K |
| 5 |
BlackRock
New York
|
+$2.44K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$54K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$30.6K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$20.9K |
| 4 |
VF
Virtu Financial
New York
|
-$17.8K |
| 5 |
Renaissance Technologies
New York
|
-$16K |
OPTT Hedge Fund Activity: Q1 2023 in Review
36 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Ocean Power Technologies (OPTT) for Q1 2023, worth a combined $2.14M — up 10% from $1.94M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of OPTT and 5 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 6 added.
The largest buyer was Millennium Management, adding an estimated $28.6K. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $54K sold.
- 36 institutional investors held Ocean Power Technologies (OPTT) as of Q1 2023, down from 38 in Q4 2022.
- Funds reported $2.14M of Ocean Power Technologies stock for Q1 2023, up 10% quarter-over-quarter.
- 5 funds opened new Ocean Power Technologies positions in Q1 2023 and 6 closed out, a net change of -1 holder.
- The largest Ocean Power Technologies buyer in Q1 2023 was Millennium Management, an estimated $28.6K added.
- The largest Ocean Power Technologies seller in Q1 2023 was T. Rowe Price Associates, an estimated $54K sold.
Based on aggregated 13F filings for Q1 2023.