OPENLANE INC OPLN
COM · Common Stock · CUSIP 48238T109
- SectorConsumer discretionary
- IndustryRetail-Auto Dealers & Gasoline Stations
- HeadquartersCarmel, IN
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($11.2k this quarter). Holder counts are more reliable. Shares outstanding: 108.3m as of 2024-04-26, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $17.30. Options: 4 managers hold calls ($504.3k notional), 3 hold puts ($6.7k).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 219 |
| Q4 2022 | 214 |
| Q1 2023 | 201 |
| Q2 2023 | 208 |
| Q3 2023 | 203 |
| Q4 2023 | 235 |
| Q1 2024 | 231 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 66 | 137 |
| Q1 2023 | 68 | 110 |
| Q2 2023 | 86 | 86 |
| Q3 2023 | 65 | 110 |
| Q4 2023 | 101 | 89 |
| Q1 2024 | 84 | 128 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $1.0m | $696.5k | 0.69 |
| Q3 2023 | $413.8k | $308.8k | 0.75 |
| Q4 2023 | $282.7k | $255.3k | 0.90 |
| Q1 2024 | $504.3k | $6.7k | 0.01 |
Biggest buyers
| Invenomic Capital Management LP | Added | +1.1m |
| River Road Asset Management, LLC | New | +990.6k |
| MORGAN STANLEY | Added | +849.8k |
| Sunriver Management LLC | Added | +611.7k |
| HAWK RIDGE CAPITAL MANAGEMENT LP | Added | +510.0k |
| DEUTSCHE BANK AG\ | Added | +416.3k |
| CADIAN CAPITAL MANAGEMENT, LP | New | +370.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +242.1k |
| Invesco Ltd. | Added | +196.5k |
| Squarepoint Ops LLC | Added | +191.9k |
Biggest sellers
| SNYDER CAPITAL MANAGEMENT L P | Reduced | -1.7m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -837.1k |
| Paradice Investment Management LLC | Reduced | -745.7k |
| Alberta Investment Management Corp | Sold out | -745.7k |
| CARDINAL CAPITAL MANAGEMENT LLC /CT | Reduced | -438.9k |
| SEI INVESTMENTS CO | Reduced | -336.9k |
| BlackRock Inc. | Reduced | -326.0k |
| AXA S.A. | Reduced | -309.6k |
| HARRIS ASSOCIATES L P | Reduced | -275.9k |
| Sapience Investments, LLC | Reduced | -167.0k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $401.4k23.2k shares |
| SIMPLEX TRADING, LLC | Added | $58.0k3.4k shares |
| GROUP ONE TRADING LLC | Reduced | $45.0k2.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Added | $5.0k300 shares |
| CITADEL ADVISORS LLC | Reduced | $1.7k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution -1.9 pts · filed 2026-10-27 | 13.0% |
Ignition Acquisition Holdings GP LLC
13D · may seek influence
-6.5 pts · filed 2026-08-13
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented as follows: On August 11, 2026, Ignition Acquisition Holdings LP, as a selling stockholder, and the Issuer entered into an underwriting agreement (the "Underwriting Agreement") with BofA Securities, Inc. (the "Underwriter"), providing for the offer and sale of 8,000,000 shares of Common Stock by Ignition Acquisition Holdings LP in a secondary block trade (the "Offering"), and purchase by the Underwriter of the shares of Common Stock, at a price to Ignition Acquisition Holdings LP of $34.36 per share. The Offering closed on August 13, 2026. Pursuant to the Underwriting Agreement, Ignition Acquisition Holdings LP has entered into a lock-up agreement (the "Lock-Up Agreement") with the Underwriter pursuant to which it has agreed w… Full filing |
6.9% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
| DIMENSIONAL FUND ADVISORS LP 13G · institution filed 2026-10-08 | 5.1% |
Fell to 5% or below in the last year: BANK OF MONTREAL /CAN/ (4.5%, 2026-08-12), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), Burgundy Asset Management Ltd. (6.8%, 2026-02-12)
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2022 | 4 | $2.2m | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $508.2k | 1 | $234.6k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-11 | Money James E. II AFC President | Sold | $234.6k14.8k shares |
| 2024-02-27 | Kelly Peter J Chief Executive Officer, director | Bought | $359.5k24.0k shares |
| 2024-02-26 | Kelly Peter J Chief Executive Officer, director | Bought | $148.7k10.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 17.3m $298.7m | Reduced -326.0k |
| VANGUARD GROUP INC 0.00% of their portfolio | 12.3m $212.3m | Added +8.5k |
| Burgundy Asset Management Ltd. 1.56% of their portfolio | 8.8m $151.8m | Added +84.8k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 7.1m $122.7m | Added +33.8k |
| HAWK RIDGE CAPITAL MANAGEMENT LP 3.44% of their portfolio | 4.4m $76.3m | Added +510.0k |
| STATE STREET CORP 0.00% of their portfolio | 4.2m $72.9m | Reduced -4.0k |
| MORGAN STANLEY 0.00% of their portfolio | 4.0m $69.4m | Added +849.8k |
| HARRIS ASSOCIATES L P 0.11% of their portfolio | 3.9m $66.7m | Reduced -275.9k |
| NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio | 3.4m $58.7m | Added +137.8k |
| CARDINAL CAPITAL MANAGEMENT LLC /CT 2.80% of their portfolio | 3.2m $55.8m | Reduced -438.9k |
| Sunriver Management LLC 6.67% of their portfolio | 2.9m $51.0m | Added +611.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.4m $40.8m | Added +62.3k |
| Paradice Investment Management LLC 6.95% of their portfolio | 2.3m $40.1m | Reduced -745.7k |
| SNYDER CAPITAL MANAGEMENT L P 0.79% of their portfolio | 2.1m $37.0m | Reduced -1.7m |
| Marathon Asset Management Ltd 0.95% of their portfolio | 2.1m $35.7m | Added +22.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.7m $30.0m | Added +26.0k |
| Invenomic Capital Management LP 1.41% of their portfolio | 1.5m $26.5m | Added +1.1m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 1.4m $24.8m | Reduced -686 |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 1.3m $21.8m | Added +50.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.2m $20.2m | Reduced -74.7k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 996.6k $17.2m | Added +416.3k |
| River Road Asset Management, LLC 0.23% of their portfolio | 990.6k $17.1m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 857.7k $14.8m | Reduced -78.9k |
| Zuckerman Investment Group, LLC 1.58% of their portfolio | 808.0k $14.0m | Added +34.9k |
| SHUFRO ROSE & CO LLC 1.11% of their portfolio | 773.2k $13.4m | Added +19.0k |
| NORGES BANK 0.00% of their portfolio | 662.0k $11.5m | Reduced -42.0k |
| Invesco Ltd. 0.00% of their portfolio | 639.2k $11.1m | Added +196.5k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.10% of their portfolio | 620.1k $10.7m | Reduced -22.9k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 573.8k $9.9m | Reduced -16.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 560.6k $9.7m | Reduced -2.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 543.2k $9.4m | Added +242.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 533.5k $9.2m | Added +126.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 524.0k $9.1m | Reduced -151.9k |
| GAMCO INVESTORS, INC. ET AL 0.08% of their portfolio | 456.0k $7.9m | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 440.5k $7.6m | Added +66.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 437.7k $7.6m | Reduced -21.1k |
| NICHOLAS COMPANY, INC. 0.12% of their portfolio | 435.7k $7.5m | Added +75 |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 394.9k $6.8m | Added +39.2k |
| CADIAN CAPITAL MANAGEMENT, LP 0.23% of their portfolio | 370.0k $6.4m | New |
| Sapience Investments, LLC 2.05% of their portfolio | 357.7k $6.2m | Reduced -167.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 351.9k $6.1m | Reduced -4.7k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.17% of their portfolio | 346.1k $6.0m | Added +180 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 327.6k $5.7m | Reduced -66.2k |
| Legal & General Group Plc 0.00% of their portfolio | 297.8k $5.2m | Reduced -3.7k |
| CenterBook Partners LP 0.35% of their portfolio | 295.4k $5.1m | Added +20.7k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 291.7k $5.0m | Reduced -74.9k |
| Squarepoint Ops LLC 0.02% of their portfolio | 281.2k $4.9m | Added +191.9k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 271.0k $4.7m | Reduced -336.9k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 264.1k $4.6m | Added +14.4k |
| AXA S.A. 0.01% of their portfolio | 255.7k $4.4m | Reduced -309.6k |
| ExodusPoint Capital Management, LP 0.05% of their portfolio | 245.3k $4.2m | Added +55.4k |
| RBF Capital, LLC 0.22% of their portfolio | 230.4k $4.0m | Unchanged |
| Public Sector Pension Investment Board 0.03% of their portfolio | 221.4k $3.8m | Reduced -2.8k |
| Swiss National Bank 0.00% of their portfolio | 213.2k $3.7m | Reduced -2.5k |
| FMR LLC 0.00% of their portfolio | 191.3k $3.3m | Added +186.7k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 187.5k $3.2m | Added +28.0k |
| GABELLI FUNDS LLC 0.02% of their portfolio | 180.0k $3.1m | Unchanged |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 178.1k $3.1m | Reduced -1.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 169.4k $2.9m | Added +20.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 166.4k $2.9m | Reduced -2.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 163.3k $2.8m | Reduced -72.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 140.3k $2.4m | Reduced -21.4k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 136.2k $2.4m | Reduced -4.9k |
| J. Goldman & Co LP 0.10% of their portfolio | 122.4k $2.1m | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 120.1k $2.1m | Added +1.9k |
| Keeley-Teton Advisors, LLC 0.24% of their portfolio | 112.8k $2.0m | Added +3.2k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.04% of their portfolio | 109.4k $1.9m | Added +5 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 107.9k $1.9m | Reduced -7.3k |
| BARCLAYS PLC 0.00% of their portfolio | 96.5k $1.7m | Reduced -98.9k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.01% of their portfolio | 94.5k $1.6m | Added +1.3k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 93.7k $1.6m | Reduced -2.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 90.6k $1.6m | Reduced -142.6k |
| Penn Capital Management Company, LLC 0.14% of their portfolio | 89.1k $1.5m | Reduced -11.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 85.9k $1.5m | Reduced -837.1k |
| Graham Capital Management, L.P. 0.04% of their portfolio | 85.4k $1.5m | Added +3.6k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 80.6k $1.4m | Added +47.6k |
| UBS Group AG 0.00% of their portfolio | 80.5k $1.4m | Reduced -19.4k |
| ALGERT GLOBAL LLC 0.05% of their portfolio | 80.2k $1.4m | Reduced -36.3k |
| HRT FINANCIAL LP 0.01% of their portfolio | 76.2k $1.3m | Added +1.2k |
| M&T Bank Corp 0.00% of their portfolio | 74.5k $1.3m | Reduced -58.3k |
| CITIGROUP INC 0.00% of their portfolio | 72.0k $1.2m | Reduced -36.0k |
| SASCO CAPITAL INC / CT/ 0.15% of their portfolio | 65.9k $1.1m | New |
| State of Alaska, Department of Revenue 0.01% of their portfolio | 65.8k $1.1m | Reduced -650 |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 64.8k $1.1m | Added +7.7k |
| Jackson Creek Investment Advisors LLC 0.39% of their portfolio | 62.8k $1.1m | Reduced -131 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 61.8k $1.1m | New |
| Illinois Municipal Retirement Fund 0.02% of their portfolio | 60.0k $1.0m | Reduced -5.2k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 57.7k $997.8k | Reduced -1.1k |
| ARGA Investment Management, LP 0.03% of their portfolio | 57.3k $991.4k | Unchanged |
| MetLife Investment Management, LLC 0.01% of their portfolio | 56.8k $982.3k | Unchanged |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 55.8k $964.6k | Added +1 |
| Ensign Peak Advisors, Inc 0.00% of their portfolio | 55.0k $951.4k | Reduced -2.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 54.4k $941.0k | Reduced -4.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 53.8k $930.3k | Added +23.5k |
| Louisiana State Employees Retirement System 0.02% of their portfolio | 53.5k $925.5k | Reduced -500 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 52.8k $913.5k | Added +796 |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 51.3k $656.5k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 51.2k $886.5k | Reduced -77.7k |
| Mountain Lake Investment Management LLC 0.90% of their portfolio | 50.0k $865.0k | New |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 48.7k $842.2k | Reduced -4.9k |