Vault-13

OFFICE PPTYS INCOME TR OPITQ

COM SHS BEN INT · REIT · CUSIP 67623C109

135 institutional holders +1 vs Q1 2024
27,314,32727.3m shares reported held*
$55.7mreported value*
31 new 23 added 46 reduced 31 sold out net sold ≈ $12.9m (-6.3m 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 ($33.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $2.04. Options: 7 managers hold calls ($1.4m notional), 6 hold puts ($867.4k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 183Q4 22: 205Q1 23: 189Q2 23: 187Q3 23: 176Q4 23: 153Q1 24: 134Q2 24: 135135Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022183
Q4 2022205
Q1 2023189
Q2 2023187
Q3 2023176
Q4 2023153
Q1 2024134
Q2 2024135

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 118 bought or addedQ4 22: 67 cut or sold outQ4 22Q1 23: 78 bought or addedQ1 23: 96 cut or sold outQ2 23: 88 bought or addedQ2 23: 91 cut or sold outQ2 23Q3 23: 76 bought or addedQ3 23: 99 cut or sold outQ4 23: 72 bought or addedQ4 23: 97 cut or sold outQ4 23Q1 24: 56 bought or addedQ1 24: 84 cut or sold outQ2 24: 54 bought or addedQ2 24: 77 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202211867
Q1 20237896
Q2 20238891
Q3 20237699
Q4 20237297
Q1 20245684
Q2 20245477

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ3 23 calls: $594.3kQ3 23 puts: $1.9mQ3 23P/C 3.23Q4 23 calls: $2.8mQ4 23 puts: $7.8mQ4 23P/C 2.81Q1 24 calls: $1.5mQ1 24 puts: $696.1kQ1 24P/C 0.46Q2 24 calls: $1.4mQ2 24 puts: $867.4kQ2 24P/C 0.60
Numbers
QuarterCallsPutsP/C
Q3 2023$594.3k$1.9m3.23
Q4 2023$2.8m$7.8m2.81
Q1 2024$1.5m$696.1k0.46
Q2 2024$1.4m$867.4k0.60

Biggest buyers

CastleKnight Management LP Added +1,480,106+1.5m
MILLENNIUM MANAGEMENT LLC Added +610,115+610.1k
RBF Capital, LLC New +507,494+507.5k
REDWOOD CAPITAL MANAGEMENT, LLC New +489,684+489.7k
D. E. Shaw & Co., Inc. Added +442,625+442.6k
GOLDMAN SACHS GROUP INC Added +271,412+271.4k
CITADEL ADVISORS LLC Added +194,638+194.6k
WHITEBOX ADVISORS LLC New +157,646+157.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +127,748+127.7k
Kestra Advisory Services, LLC New +100,100+100.1k

Biggest sellers

BlackRock Inc. Reduced -2,625,070-2.6m
Mirae Asset Global Investments Co., Ltd. Sold out -1,332,026-1.3m
PRUDENTIAL FINANCIAL INC Sold out -1,066,411-1.1m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -822,502-822.5k
MORGAN STANLEY Reduced -809,501-809.5k
STATE STREET CORP Reduced -793,703-793.7k
GEODE CAPITAL MANAGEMENT, LLC Reduced -628,040-628.0k
FEDERATED HERMES, INC. Reduced -602,366-602.4k
LSV ASSET MANAGEMENT Reduced -566,874-566.9k
TWO SIGMA INVESTMENTS, LP Reduced -288,869-288.9k

Biggest calls

WHITEBOX ADVISORS LLC Unchanged $1.0m500.0k shares
CITADEL ADVISORS LLC Reduced $256.8k125.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $106.7k52.3k shares
SIMPLEX TRADING, LLC Added $41.0k20.4k shares
GROUP ONE TRADING LLC Reduced $16.1k7.9k shares
WOLVERINE ASSET MANAGEMENT LLC Unchanged $204100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

GROUP ONE TRADING LLC Added $378.2k185.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $194.4k95.3k shares
CITADEL ADVISORS LLC Added $150.1k73.6k shares
SIMPLEX TRADING, LLC Added $144.0k70.7k shares
WOLVERINE ASSET MANAGEMENT LLC Unchanged $612300 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 4,811,1844.8m $9.8m $9.8m 0.00% Reduced -109.4k -109,445
2 CastleKnight Management LP 0.62% of their portfolio New York, NY 2,250,7062.3m $4.6m $4.6m 0.62% Added +1.5m +1,480,106
3 BlackRock Inc. 0.00% of their portfolio New York, NY 2,239,2572.2m $4.6m $4.6m 0.00% Reduced -2.6m -2,625,070
4 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,810,7801.8m $3.7m $3.7m 0.00% Reduced -822.5k -822,502
5 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 1,478,7001.5m $3.0m $3.0m 0.00% Reduced -204.0k -203,994
6 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,292,4351.3m $2.6m $2.6m 0.00% Added +36.8k +36,770
7 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 1,256,0901.3m $2.6m $2.6m 0.00% Added +442.6k +442,625
8 LSV ASSET MANAGEMENT 0.01% of their portfolio CHICAGO, IL 1,124,7921.1m $2.3m $2.3m 0.01% Reduced -566.9k -566,874
9 Pacific Ridge Capital Partners, LLC 0.44% of their portfolio LAKE OSWEGO, OR 901,815901.8k $1.8m $1.8m 0.44% Reduced -36.9k -36,908
10 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 676,070676.1k $1.4m $1.4m 0.00% Added +271.4k +271,412
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 669,055669.1k $1.4m $1.4m 0.00% Reduced -628.0k -628,040
12 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 641,215641.2k $1.3m $1.3m 0.00% Added +610.1k +610,115
13 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 599,154599.2k $1.2m $1.2m 0.00% Reduced -53.9k -53,861
14 Householder Group Estate & Retirement Specialist, LLC 0.32% of their portfolio SCOTTSDALE, AZ 552,446552.4k $1.1m $1.1m 0.32% Added +31.7k +31,737
15 RBF Capital, LLC 0.06% of their portfolio RENO, NV 507,494507.5k $1.0m $1.0m 0.06% New
16 REDWOOD CAPITAL MANAGEMENT, LLC 0.15% of their portfolio New York, NY 489,684489.7k $999.0k $999.0k 0.15% New
17 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 466,203466.2k $951.1k $951.1k 0.00% Reduced -793.7k -793,703
18 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 462,243462.2k $943.0k $943.0k 0.00% Added +194.6k +194,638
19 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 390,076390.1k $795.8k $795.8k 0.00% Reduced -8.2k -8,227
20 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 379,627379.6k $774.4k $774.4k 0.00% Reduced -73.8k -73,800
21 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 372,602372.6k $760.1k $760.1k 0.00% Reduced -21.0k -21,043
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 275,233275.2k $561.5k $561.5k 0.00% Reduced -809.5k -809,501
23 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 232,311232.3k $473.9k $473.9k 0.00% Added +10.4k +10,367
24 Privium Fund Management B.V. 0.10% of their portfolio AMSTERDAM, P7 202,000202.0k $391.9k $391.9k 0.10% Unchanged
25 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 170,417170.4k $347.7k $347.7k 0.00% Added +127.7k +127,748
26 WHITEBOX ADVISORS LLC 0.01% of their portfolio MINNEAPOLIS, MN 157,646157.6k $321.6k $321.6k 0.01% New
27 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 149,252149.3k $304.5k $304.5k 0.00% Reduced -288.9k -288,869
28 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio BALA CYNWYD, PA 141,726141.7k $289.1k $289.1k 0.01% Added +72.5k +72,530
29 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 128,600128.6k $262.3k $262.3k 0.00% Reduced -17.2k -17,188
30 Graham Capital Management, L.P. 0.01% of their portfolio ROWAYTON, CT 125,993126.0k $257.0k $257.0k 0.01% Added +64.0k +64,014
31 ALPS ADVISORS INC 0.00% of their portfolio Denver, CO 115,342115.3k $235.3k $235.3k 0.00% Reduced -585 -585
32 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 100,100100.1k $204.2k $204.2k 0.00% New
33 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 96,35896.4k $196.6k $196.6k 0.00% Reduced -9.3k -9,272
34 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 87,77687.8k $179.1k $179.1k 0.00% New
35 Centiva Capital, LP 0.01% of their portfolio New York, NY 83,57583.6k $170.5k $170.5k 0.01% New
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 83,30483.3k $169.9k $169.9k 0.00% Reduced -35.5k -35,502
37 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 80,35680.4k $163.9k $163.9k 0.00% Added +3.1k +3,092
38 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 78,95579.0k $161.1k $161.1k 0.00% New
39 FMR LLC 0.00% of their portfolio BOSTON, MA 74,95175.0k $152.9k $152.9k 0.00% Added +24.5k +24,469
40 Asset Management One Co., Ltd. 0.00% of their portfolio TOKYO, M0 71,55671.6k $146.0k $146.0k 0.00% Unchanged
41 Point72 Asia (Singapore) Pte. Ltd. 0.03% of their portfolio SINGAPORE, U0 71,12071.1k $145.1k $145.1k 0.03% New
42 Callan Capital, LLC 0.01% of their portfolio LA JOLLA, CA 62,50062.5k $127.5k $127.5k 0.01% Unchanged
43 Paloma Partners Management Co 0.01% of their portfolio GREENWICH, CT 56,79456.8k $115.9k $115.9k 0.01% New
44 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 54,49554.5k $111.2k $111.2k 0.00% Unchanged
45 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 51,80051.8k $105.7k $105.7k 0.00% Unchanged
46 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 50,28950.3k $102.0k $102.0k 0.00% New
47 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 49,06649.1k $100.1k $100.1k 0.00% Reduced -35.8k -35,847
48 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 45,16845.2k $92.1k $92.1k 0.00% Reduced -1.5k -1,482
49 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 44,68644.7k $92.0k $92.0k 0.00% Unchanged
50 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 44,53444.5k $90.8k $90.8k 0.00% Reduced -44.9k -44,906
51 Alpine Global Management, LLC 0.01% of their portfolio NEW YORK, NY 38,59738.6k $78.7k $78.7k 0.01% New
52 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 36,64636.6k $74.8k $74.8k 0.00% Added +30.9k +30,940
53 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 36,32736.3k $74.1k $74.1k 0.00% Reduced -151.9k -151,938
54 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 34,43934.4k $70.3k $70.3k 0.00% Reduced -44.9k -44,917
55 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 34,33534.3k $70.0k $70.0k 0.00% New
56 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 34,15234.2k $69.7k $69.7k 0.00% Added +2.4k +2,442
57 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 34,10034.1k $69.6k $69.6k 0.00% Added +4.1k +4,100
58 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 33,82033.8k $69.0k $69.0k 0.00% Reduced -37.9k -37,896
59 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 31,37531.4k $64.0k $64.0k 0.00% Unchanged
60 Y-Intercept (Hong Kong) Ltd 0.00% of their portfolio HONG KONG, K3 27,60227.6k $56.3k $56.3k 0.00% New
61 SUMMIT SECURITIES GROUP LLC 0.02% of their portfolio NEW YORK, NY 27,00027.0k $55.0k $55.0k 0.02% New
62 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 25,35625.4k $53.1k $53.1k 0.00% Reduced -86 -86
63 Ethic Inc. 0.00% of their portfolio NEW YORK, NY 25,21425.2k $51.4k $51.4k 0.00% New
64 Capital Investment Advisors, LLC 0.00% of their portfolio ATLANTA, GA 24,57524.6k $50.1k $50.1k 0.00% Reduced -2.2k -2,192
65 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 24,40524.4k $49.8k $49.8k 0.00% First filing
66 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 23,15823.2k $47.2k $47.2k 0.00% Reduced -21.4k -21,415
67 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 23,03423.0k $47.0k $47.0k 0.00% Added +20.4k +20,422
68 State of Alaska, Department of Revenue 0.00% of their portfolio JUNEAU, AK 22,66822.7k $46.0k $46.0k 0.00% Reduced -176 -176
69 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 22,50022.5k $45.9k $45.9k 0.00% New
70 UBS Group AG 0.00% of their portfolio ZURICH, V8 21,89021.9k $44.7k $44.7k 0.00% Reduced -33.4k -33,362
71 TWO SIGMA SECURITIES, LLC 0.00% of their portfolio NEW YORK, NY 21,26721.3k $43.4k $43.4k 0.00% New
72 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 20,53520.5k $41.9k $41.9k 0.00% Reduced -5.4k -5,426
73 Resona Asset Management Co.,Ltd. 0.00% of their portfolio KOTO-KU,TOKYO, M0 19,97220.0k $40.2k $40.2k 0.00% Unchanged
74 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 19,94119.9k $41.0k $41.0k 0.00% Reduced -11.8k -11,771
75 One Wealth Map LLC 0.03% of their portfolio LAS VEGAS, NV 18,66818.7k $51.7k $51.7k 0.03% Unchanged
76 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 18,10818.1k $36.9k $36.9k 0.00% Reduced -20.4k -20,382
77 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 17,49017.5k $35.7k $35.7k 0.00% Unchanged
78 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 16,75816.8k $34.2k $34.2k 0.00% Added +4.8k +4,798
79 Point72 (DIFC) Ltd 0.00% of their portfolio DUBAI, C0 16,54516.5k $33.8k $33.8k 0.00% New
80 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 16,46416.5k $33.6k $33.6k 0.00% New
81 Optas, LLC 0.01% of their portfolio DRIPPING SPRINGS, TX 16,42916.4k $33.5k $33.5k 0.01% New
82 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 15,87715.9k $32.4k $32.4k 0.00% New
83 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 15,67015.7k $32.0k $32.0k 0.00% Reduced -30.0k -30,016
84 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 14,55014.6k $30.0k $30.0k 0.00% Unchanged
85 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 12,08212.1k $24.6k $24.6k 0.00% Added +11.0k +10,991
86 Diligent Investors, LLC 0.01% of their portfolio REDLANDS, CA 12,01812.0k $24.5k $24.5k 0.01% Reduced -3.6k -3,604
87 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 11,77911.8k $24.0k $24.0k 0.00% New
88 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 10,43510.4k $21.3k $21.3k 0.00% Reduced -6.9k -6,897
89 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 10,16510.2k $20.7k $20.7k 0.00% New
90 Legacy Financial Advisors, Inc. 0.00% of their portfolio COVINGTON, KY 10,00010.0k $20.4k $20.4k 0.00% Unchanged
91 Catalyst Funds Management Pty Ltd 0.01% of their portfolio SYDNEY NSW, C3 9,6009.6k $19.6k $19.6k 0.01% Reduced -12.3k -12,300
92 EMC Capital Management 0.01% of their portfolio HOUSTON, TX 9,1049.1k $19.0k $19.0k 0.01% Unchanged
93 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 8,3588.4k $17.0k $17.0k 0.00% Reduced -7.7k -7,739
94 Camelot Portfolios, LLC 0.01% of their portfolio Maumee, OH 6,3566.4k $13.0k $13.0k 0.01% New
95 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 5,0745.1k $10.4k $10.4k 0.00% Reduced -12.1k -12,064
96 CALDWELL SUTTER CAPITAL, INC. 0.00% of their portfolio SAUSALITO, CA 4,6624.7k $9.5k $9.5k 0.00% Unchanged
97 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 4,3344.3k $8.8k $8.8k 0.00% Reduced -602.4k -602,366
98 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 3,8953.9k $7.9k $7.9k 0.00% Unchanged
99 MEEDER ASSET MANAGEMENT INC 0.00% of their portfolio DUBLIN, OH 2,8812.9k $5.9k $5.9k 0.00% Reduced -4.6k -4,572
100 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,8432.8k $5.8k $5.8k 0.00% Reduced -19.6k -19,648