Ocean Power Technologies
OPTT
28 hedge funds and large institutions have $941K invested in Ocean Power Technologies in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 9 closing their positions.
1.07% less ownership
Funds ownership: 7.04% → 5.97% (-1.1%)
22% less funds holding
Funds holding: 36 → 28 (-8)
28% less capital invested
Capital invested by funds: $1.31M → $941K (-$368K)
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$7.52K |
| 2 |
TSS
Two Sigma Securities
New York
|
+$3.13K |
| 3 |
CA
CoreCap Advisors
Southfield,
Michigan
|
+$75 |
| 4 |
JP Morgan Chase
New York
|
+$9 |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$9 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Bailard
Foster City,
California
|
-$49K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$41.1K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$23.2K |
| 4 |
Jane Street
New York
|
-$15.4K |
| 5 |
Morgan Stanley
New York
|
-$15.1K |
OPTT Hedge Fund Activity: Q1 2024 in Review
28 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ocean Power Technologies (OPTT) for Q1 2024, worth a combined $941K — down 28% from $1.31M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of OPTT and 2 opened new positions — a net loss of 7 holders — while 11 trimmed existing stakes and 4 added.
The largest buyer was Commonwealth Equity Services, adding an estimated $7.52K. The largest seller was Bailard, cutting an estimated $49K.
- 28 institutional investors held Ocean Power Technologies (OPTT) as of Q1 2024, down from 36 in Q4 2023.
- Funds reported $941K of Ocean Power Technologies stock for Q1 2024, down 28% quarter-over-quarter.
- 2 funds opened new Ocean Power Technologies positions in Q1 2024 and 9 closed out, a net change of -7 holders.
- The largest Ocean Power Technologies buyer in Q1 2024 was Commonwealth Equity Services, an estimated $7.52K added.
- The largest Ocean Power Technologies seller in Q1 2024 was Bailard, an estimated $49K sold.
Based on aggregated 13F filings for Q1 2024.