OFFICE PPTYS INCOME TR OPITQ
COM SHS BEN INT · REIT · CUSIP 67623C109
187
institutional holders
-2 vs Q1 2023
36.8m
shares reported held*
$284.2mreported value*
29 new
59 added
57 reduced
34 sold out
net sold ≈ $10.1m (-1.3m shares)
* 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. Holder counts are more reliable. Implied quarter-end price ≈ $7.73. Options: 8 managers hold calls ($2.0m notional), 8 hold puts ($3.5m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 183 |
| Q4 2022 | 205 |
| Q1 2023 | 189 |
| Q2 2023 | 187 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 118 | 67 |
| Q1 2023 | 78 | 96 |
| Q2 2023 | 88 | 91 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $528.0k | $1.2m | 2.23 |
| Q4 2022 | $527.2k | $4.0m | 7.52 |
| Q1 2023 | $1.4m | $1.8m | 1.30 |
| Q2 2023 | $2.0m | $3.5m | 1.77 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +818.4k |
| Balyasny Asset Management L.P. | New | +740.3k |
| MORGAN STANLEY | Added | +445.5k |
| JANE STREET GROUP, LLC | New | +385.5k |
| Invesco Ltd. | Added | +230.3k |
| MILLENNIUM MANAGEMENT LLC | Added | +213.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +195.5k |
| FRANKLIN RESOURCES INC | New | +191.5k |
| BARCLAYS PLC | Added | +176.0k |
| HRT FINANCIAL LP | New | +154.8k |
Biggest sellers
| Mirae Asset Global Investments Co., Ltd. | Reduced | -1.3m |
| VANGUARD GROUP INC | Reduced | -1.3m |
| STATE STREET CORP | Reduced | -958.8k |
| BlackRock Inc. | Reduced | -853.3k |
| Nuveen Asset Management, LLC | Reduced | -262.8k |
| Legal & General Group Plc | Reduced | -171.5k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | Reduced | -143.6k |
| State of New Jersey Common Pension Fund D | Sold out | -137.7k |
| Allianz Asset Management GmbH | Sold out | -125.5k |
| Golden Green, Inc. | Sold out | -114.9k |
Biggest calls
| GOLDMAN SACHS GROUP INC | New | $770.0k100.0k shares |
| PEAK6 Investments LLC | Added | $444.3k57.7k shares |
| CITADEL ADVISORS LLC | Added | $432.7k56.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $178.6k23.2k shares |
| LITTLEJOHN & CO LLC | New | $101.1k160.5k shares |
| GROUP ONE TRADING LLC | Reduced | $43.1k5.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $21.0k2.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Brevan Howard Capital Management LP | New | $1.5m190.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $690.7k89.7k shares |
| GROUP ONE TRADING LLC | Reduced | $441.2k57.3k shares |
| PEAK6 Investments LLC | Added | $392.7k51.0k shares |
| CITADEL ADVISORS LLC | Added | $339.6k44.1k shares |
| Paloma Partners Management Co | New | $154.0k20.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $40.0k5.3k 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.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.00% of their portfolio | 8.3m $63.9m | Reduced -853.3k |
| VANGUARD GROUP INC 0.00% of their portfolio | 6.8m $52.1m | Reduced -1.3m |
| STATE STREET CORP 0.00% of their portfolio | 2.3m $17.8m | Reduced -958.8k |
| LSV ASSET MANAGEMENT 0.03% of their portfolio | 2.0m $15.3m | Reduced -5.7k |
| Invesco Ltd. 0.00% of their portfolio | 1.6m $12.6m | Added +230.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.4m $10.5m | Added +195.5k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.2m $9.1m | Added +818.4k |
| MORGAN STANLEY 0.00% of their portfolio | 1.1m $8.8m | Added +445.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.1m $8.6m | Added +22.4k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 740.3k $5.7m | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 669.2k $5.2m | Reduced -17.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 487.6k $3.8m | Reduced -95.4k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 481.7k $3.7m | Added +44.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 454.7k $3.5m | Reduced -22.8k |
| NORGES BANK 0.00% of their portfolio | 418.1k $3.2m | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 385.5k $3.0m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 298.8k $2.3m | Reduced -9.2k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 276.6k $2.1m | Added +143.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 268.0k $3.3m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 266.3k $2.1m | Added +55.4k |
| Legal & General Group Plc 0.00% of their portfolio | 261.6k $2.0m | Reduced -171.5k |
| BARCLAYS PLC 0.00% of their portfolio | 252.0k $1.9m | Added +176.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 241.4k $1.9m | Added +213.7k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 223.9k $1.7m | Added +32.6k |
| Quinn Opportunity Partners LLC 0.24% of their portfolio | 221.7k $1.7m | Reduced -13.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 191.5k $1.5m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 175.0k $1.3m | Added +124.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 168.1k $1.3m | Reduced -3.3k |
| HRT FINANCIAL LP 0.01% of their portfolio | 154.8k $1.2m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 152.1k $1.2m | Added +50.1k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 136.2k $1.0m | Reduced -262.8k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 135.7k $1.0m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 135.6k $1.0m | Reduced -19.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 133.8k $1.0m | Added +62.4k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 117.7k $907.0k | New |
| UBS Group AG 0.00% of their portfolio | 114.2k $879.1k | Reduced -11.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 106.9k $822.8k | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 105.9k $815.1k | Added +50.9k |
| Swiss National Bank 0.00% of their portfolio | 104.7k $806.4k | Unchanged |
| CastleKnight Management LP 0.16% of their portfolio | 101.6k $782.1k | Added +16.2k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 94.3k $725.0k | Reduced -9 |
| Public Sector Pension Investment Board 0.00% of their portfolio | 86.2k $663.8k | Added +786 |
| MARSHALL WACE, LLP 0.00% of their portfolio | 86.0k $662.2k | New |
| CAXTON ASSOCIATES LP 0.10% of their portfolio | 83.4k $642.5k | Added +60.9k |
| Asset Management One Co., Ltd. 0.00% of their portfolio | 83.3k $641.4k | Added +4.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 79.1k $609.4k | Added +15.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 77.3k $595.5k | Reduced -1.5k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 67.8k $522.0k | Added +480 |
| Robeco Institutional Asset Management B.V. 0.00% of their portfolio | 67.6k $520.2k | Reduced -13.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 65.2k $501.7k | Added +11.9k |
| Penserra Capital Management LLC 0.01% of their portfolio | 60.9k $468.0k | Added +33.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 58.7k $452.3k | Reduced -1.7k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio | 54.9k $422.7k | Added +3.5k |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 54.5k $418.0k | Reduced -3.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 54.5k $419.6k | Unchanged |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 54.1k $417.0k | Added +11.4k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 53.0k $408.0k | Reduced -800 |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 52.5k $404.2k | Added +2.3k |
| COMERICA BANK 0.00% of their portfolio | 50.5k $10 | First filing |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 46.5k $358.0k | Reduced -1.7k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 45.7k $352.0k | Reduced -9.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 45.6k $351.0k | Reduced -1.1k |
| CITIGROUP INC 0.00% of their portfolio | 43.9k $338.2k | Added +14.4k |
| ALPS ADVISORS INC 0.00% of their portfolio | 42.6k $328.4k | Added +15.2k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.00% of their portfolio | 42.4k $326.8k | Reduced -813 |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 41.3k $318.3k | Reduced -41.9k |
| GROUP ONE TRADING LLC 0.01% of their portfolio | 39.5k $304.3k | Reduced -6.8k |
| LPL Financial LLC 0.00% of their portfolio | 39.1k $301.4k | Reduced -4.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 38.6k $297.0k | Added +2.5k |
| FOX RUN MANAGEMENT, L.L.C. 0.08% of their portfolio | 38.2k $293.9k | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 34.5k $265.6k | Added +198 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 34.2k $263.6k | Reduced -11.0k |
| New York Life Investment Management LLC 0.00% of their portfolio | 33.5k $258.0k | Reduced -7.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 31.8k $244.6k | Reduced -11.3k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 31.2k $240.0k | Added +24.4k |
| Engineers Gate Manager LP 0.01% of their portfolio | 31.1k $239.2k | Added +13.2k |
| Jump Financial, LLC 0.01% of their portfolio | 30.5k $235.2k | New |
| State of Tennessee, Department of Treasury 0.00% of their portfolio | 28.7k $220.8k | Added +1.6k |
| Capital Investment Advisors, LLC 0.01% of their portfolio | 28.4k $219.0k | Reduced -337 |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 28.1k $216.7k | Reduced -4.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 26.4k $203.5k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 26.4k $202.9k | Unchanged |
| Corient Private Wealth LP 0.00% of their portfolio | 26.1k $201.0k | New |
| HANCOCK WHITNEY CORP 0.01% of their portfolio | 26.1k $200.0k | Reduced -461 |
| YOUSIF CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 26.0k $200.6k | Reduced -1.2k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 25.9k $199.3k | Reduced -326 |
| Louisiana State Employees Retirement System 0.00% of their portfolio | 25.5k $196.3k | Added +2.9k |
| Camelot Portfolios, LLC 0.12% of their portfolio | 24.4k $187.8k | Reduced -16.8k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 24.0k $184.9k | Reduced -143.6k |
| Centiva Capital, LP 0.01% of their portfolio | 23.7k $182.5k | New |
| FMR LLC 0.00% of their portfolio | 22.8k $175.7k | Reduced -23.5k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 22.1k $170.4k | Reduced -1.3m |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 21.2k $162.9k | Reduced -26 |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio | 20.8k $160.0k | Reduced -1.9k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 20.5k $158.2k | Added +3.3k |
| HBK INVESTMENTS L P 0.00% of their portfolio | 20.3k $156.2k | Not comparable |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 20.3k $156.1k | Added +725 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 19.7k $151.8k | Reduced -8.5k |
| DUPONT CAPITAL MANAGEMENT CORP 0.01% of their portfolio | 19.7k $151.5k | New |
| AMALGAMATED BANK 0.00% of their portfolio | 19.5k $150.0k | Reduced -753 |