Vault-13

OFFICE PPTYS INCOME TR OPITQ

COM SHS BEN INT · REIT · CUSIP 67623C109

111 institutional holders -6 vs Q3 2024
35,252,84635.3m shares reported held*
$35.2mreported value*
14 new 35 added 27 reduced 26 sold out net bought ≈ $7.9m (+7.9m 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 ($30.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.00. Options: 5 managers hold calls ($23.8k notional), 6 hold puts ($172.9k).

Trends to Q4 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: 135Q3 24: 117Q4 24: 111111Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022183
Q4 2022205
Q1 2023189
Q2 2023187
Q3 2023176
Q4 2023153
Q1 2024134
Q2 2024135
Q3 2024117
Q4 2024111

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 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 24Q3 24: 40 bought or addedQ3 24: 76 cut or sold outQ4 24: 49 bought or addedQ4 24: 53 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20237896
Q2 20238891
Q3 20237699
Q4 20237297
Q1 20245684
Q2 20245477
Q3 20244076
Q4 20244953

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ1 24 calls: $1.5mQ1 24 puts: $696.1kQ1 24P/C 0.46Q2 24 calls: $1.4mQ2 24 puts: $867.4kQ2 24P/C 0.60Q3 24 calls: $1.5mQ3 24 puts: $1.3mQ3 24P/C 0.85Q4 24 calls: $23.8kQ4 24 puts: $172.9kQ4 24P/C 7.26
Numbers
QuarterCallsPutsP/C
Q1 2024$1.5m$696.1k0.46
Q2 2024$1.4m$867.4k0.60
Q3 2024$1.5m$1.3m0.85
Q4 2024$23.8k$172.9k7.26

Biggest buyers

MSD Partners, L.P. New +5,052,548+5.1m
D. E. Shaw & Co., Inc. Added +2,636,589+2.6m
READYSTATE ASSET MANAGEMENT LP New +2,126,241+2.1m
CastleKnight Management LP Added +1,081,931+1.1m
Pacific Ridge Capital Partners, LLC Added +626,339+626.3k
MARSHALL WACE, LLP Added +487,958+488.0k
Kore Advisors LP New +391,827+391.8k
Aryeh Capital Management Ltd. New +364,368+364.4k
VANGUARD GROUP INC Added +187,281+187.3k
Cambria Investment Management, L.P. Added +169,826+169.8k

Biggest sellers

Invesco Ltd. Reduced -1,119,201-1.1m
JPMORGAN CHASE & CO Reduced -963,305-963.3k
AQR CAPITAL MANAGEMENT LLC Reduced -689,213-689.2k
BlackRock, Inc. Reduced -517,671-517.7k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -506,009-506.0k
CITADEL ADVISORS LLC Sold out -398,841-398.8k
GSA CAPITAL PARTNERS LLP Reduced -302,499-302.5k
LSV ASSET MANAGEMENT Reduced -282,704-282.7k
Privium Fund Management B.V. Sold out -164,820-164.8k
ARISTEIA CAPITAL, L.L.C. Reduced -150,295-150.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $16.1k16.1k shares
SIMPLEX TRADING, LLC Reduced $4.0k4.4k shares
GROUP ONE TRADING LLC Reduced $3.0k3.0k shares
CITADEL ADVISORS LLC Reduced $700700 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $112.3k112.3k shares
CITADEL ADVISORS LLC Reduced $32.7k32.7k shares
JPMORGAN CHASE & CO New $14.0k14.0k shares
GROUP ONE TRADING LLC Reduced $12.9k12.9k shares
SIMPLEX TRADING, LLC Reduced $1.0k1.7k 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MSD Partners, L.P. 3.55% of their portfolio NEW YORK, NY 5,052,5485.1m $5.1m $5.1m 3.55% New
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 4,936,3844.9m $4.9m $4.9m 0.00% Added +187.3k +187,281
3 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 3,965,6204.0m $4.0m $4.0m 0.00% Added +2.6m +2,636,589
4 CastleKnight Management LP 0.36% of their portfolio New York, NY 3,309,7323.3m $3.3m $3.3m 0.36% Added +1.1m +1,081,931
5 READYSTATE ASSET MANAGEMENT LP 0.09% of their portfolio CHICAGO, IL 2,126,2412.1m $2.1m $2.1m 0.09% New
6 Pacific Ridge Capital Partners, LLC 0.43% of their portfolio LAKE OSWEGO, OR 1,866,2381.9m $1.9m $1.9m 0.43% Added +626.3k +626,339
7 FOURSIXTHREE CAPITAL LP 1.38% of their portfolio NEW YORK, NY 1,578,7011.6m $1.6m $1.6m 1.38% First filing
8 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,365,3271.4m $1.4m $1.4m 0.00% Reduced -517.7k -517,671
9 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 841,993842.0k $842.0k $842.0k 0.00% Added +488.0k +487,958
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 708,862708.9k $708.9k $708.9k 0.00% Added +54.2k +54,217
11 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 642,739642.7k $642.6k $642.6k 0.00% Reduced -1.1m -1,119,201
12 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 593,233593.2k $593.1k $593.1k 0.00% Added +36.1k +36,126
13 RBF Capital, LLC 0.03% of their portfolio RENO, NV 590,366590.4k $590.2k $590.2k 0.03% Unchanged
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 548,817548.8k $548.7k $548.7k 0.00% Reduced -506.0k -506,009
15 Householder Group Estate & Retirement Specialist, LLC 0.41% of their portfolio SCOTTSDALE, AZ 547,941547.9k $547.0k $547.0k 0.41% Reduced -8.5k -8,453
16 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 533,157533.2k $533.0k $533.0k 0.00% Reduced -77.4k -77,356
17 Kore Advisors LP 0.33% of their portfolio BOYNTON BEACH, FL 391,827391.8k $391.7k $391.7k 0.33% New
18 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 373,511373.5k $373.4k $373.4k 0.00% Added +103.7k +103,710
19 Aryeh Capital Management Ltd. 0.22% of their portfolio TORONTO, A6 364,368364.4k $364.3k $364.3k 0.22% New
20 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 360,790360.8k $360.7k $360.7k 0.00% Added +19.1k +19,135
21 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 307,900307.9k $307.8k $307.8k 0.00% Added +86.8k +86,826
22 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 294,127294.1k $294.1k $294.1k 0.00% Reduced -28.0k -27,998
23 WHITEBOX ADVISORS LLC 0.01% of their portfolio MINNEAPOLIS, MN 291,197291.2k $291.1k $291.1k 0.01% Added +133.6k +133,551
24 Cambria Investment Management, L.P. 0.02% of their portfolio Manhattan Beach, CA 286,679286.7k $286.6k $286.6k 0.02% Added +169.8k +169,826
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 265,825265.8k $265.8k $265.8k 0.00% Reduced -963.3k -963,305
26 LSV ASSET MANAGEMENT 0.00% of their portfolio CHICAGO, IL 264,915264.9k $265.0k $265.0k 0.00% Reduced -282.7k -282,704
27 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 241,182241.2k $241.1k $241.1k 0.00% Reduced -146.7k -146,692
28 LITTLEJOHN & CO LLC 0.12% of their portfolio GREENWICH, CT 230,897230.9k $230.9k $230.9k 0.12% Added +140.0k +140,000
29 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 200,108200.1k $200.1k $200.1k 0.00% Added +11.9k +11,880
30 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 198,170198.2k $198.1k $198.1k 0.00% Reduced -689.2k -689,213
31 ARISTEIA CAPITAL, L.L.C. 0.01% of their portfolio GREENWICH, CT 156,116156.1k $156.1k $156.1k 0.01% Reduced -150.3k -150,295
32 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.00% of their portfolio BALA CYNWYD, PA 155,694155.7k $155.7k $155.7k 0.00% First filing
33 UBS Group AG 0.00% of their portfolio ZURICH, V8 151,003151.0k $151.0k $151.0k 0.00% Added +132.8k +132,822
34 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 130,059130.1k $130.0k $130.0k 0.00% Reduced -132.4k -132,351
35 Catalyst Funds Management Pty Ltd 0.03% of their portfolio SYDNEY NSW, C3 122,116122.1k $122.1k $122.1k 0.03% Added +112.5k +112,516
36 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 110,763110.8k $110.7k $110.7k 0.00% Added +6.6k +6,610
37 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 100,361100.4k $100.3k $100.3k 0.00% Added +17.1k +17,115
38 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 85,62885.6k $85.6k $85.6k 0.00% Reduced -56.7k -56,666
39 FMR LLC 0.00% of their portfolio BOSTON, MA 74,16674.2k $74.2k $74.2k 0.00% Added +46.7k +46,683
40 Asset Management One Co., Ltd. 0.00% of their portfolio TOKYO, M0 71,39471.4k $70.7k $70.7k 0.00% Unchanged
41 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 66,71366.7k $66.7k $66.7k 0.00% Added +36.7k +36,722
42 TWO SIGMA SECURITIES, LLC 0.01% of their portfolio NEW YORK, NY 63,38063.4k $63.4k $63.4k 0.01% Added +5.8k +5,846
43 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 55,88055.9k $55.9k $55.9k 0.00% Added +14.6k +14,592
44 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 54,49554.5k $54.5k $54.5k 0.00% Unchanged
45 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 51,80051.8k $51.8k $51.8k 0.00% Unchanged
46 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 51,04151.0k $51.0k $51.0k 0.00% Added +14.8k +14,800
47 Tiptree Advisors, LLC 0.05% of their portfolio NEW YORK, NY 48,77048.8k $48.8k $48.8k 0.05% First filing
48 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 42,91242.9k $42.9k $42.9k 0.00% New
49 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 42,01742.0k $42.0k $42.0k 0.00% Added +15.3k +15,296
50 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 37,53537.5k $37.5k $37.5k 0.00% Added +3.9k +3,943
51 Smith Asset Management Co., LLC 0.03% of their portfolio Chiefland, FL 35,18035.2k $35.2k $35.2k 0.03% First filing
52 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 31,37531.4k $30.6k $30.6k 0.00% Unchanged
53 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 30,08630.1k $30.1k $30.1k 0.00% New
54 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 20,49720.5k $20.5k $20.5k 0.00% Added +5.7k +5,715
55 GSA CAPITAL PARTNERS LLP 0.00% of their portfolio LONDON, X0 20,23020.2k $20.0k $20.0k 0.00% Reduced -302.5k -302,499
56 Resona Asset Management Co.,Ltd. 0.00% of their portfolio KOTO-KU,TOKYO, M0 19,97220.0k $19.8k $19.8k 0.00% Unchanged
57 One Wealth Map LLC 0.01% of their portfolio LAS VEGAS, NV 18,66818.7k $16.3k $16.3k 0.01% Unchanged
58 Capital Investment Advisors, LLC 0.00% of their portfolio ATLANTA, GA 15,81015.8k $15.8k $15.8k 0.00% Reduced -7.2k -7,179
59 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 14,29614.3k $14.0k $14.0k 0.00% Unchanged
60 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 13,61013.6k $13.6k $13.6k 0.00% Reduced -102 -102
61 Virtu Financial LLC 0.00% of their portfolio New York, NY 11,95412.0k $12.0k $12.0k 0.00% New
62 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 11,21211.2k $11.2k $11.2k 0.00% Added +7.4k +7,377
63 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 11,08011.1k $11.0k $11.0k 0.00% Unchanged
64 Legacy Financial Advisors, Inc. 0.00% of their portfolio COVINGTON, KY 10,00010.0k $10.0k $10.0k 0.00% Unchanged
65 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 9,95510.0k $9.0k $9.0k 0.00% New
66 EMC Capital Management 0.01% of their portfolio HOUSTON, TX 9,1049.1k $9.0k $9.0k 0.01% Added +390 +390
67 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 8,3338.3k $8.3k $8.3k 0.00% Added +594 +594
68 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 7,5357.5k $7.5k $7.5k 0.00% Added +350 +350
69 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 4,2584.3k $4.3k $4.3k 0.00% Unchanged
70 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 3,8953.9k $3.9k $3.9k 0.00% Unchanged
71 CALDWELL SUTTER CAPITAL, INC. 0.00% of their portfolio SAUSALITO, CA 3,7623.8k $3.8k $3.8k 0.00% Reduced -900 -900
72 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,8332.8k $2.7k $2.7k 0.00% Unchanged
73 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 1,9101.9k $1.9k $1.9k 0.00% Reduced -2.4k -2,424
74 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 1,6371.6k $1.6k $1.6k 0.00% Added +112 +112
75 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,3601.4k $1.4k $1.4k 0.00% Reduced -858 -858
76 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,2001.2k $1.2k $1.2k 0.00% Unchanged
77 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 1,0161.0k $1.0k $1.0k 0.00% Added +8 +8
78 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 950950 $950 $950 0.00% Added +500 +500
79 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 879879 $879 $879 0.00% Unchanged
80 CWM, LLC 0.00% of their portfolio OMAHA, NE 815815 $1.0k $1.0k 0.00% Reduced -100 -100
81 Main Street Group, LTD 0.00% of their portfolio GLEN ALLEN, VA 806806 $806 $806 0.00% Reduced -443 -443
82 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 729729 $729 $729 0.00% Reduced -2 -2
83 AMERICAN NATIONAL BANK & TRUST 0.00% of their portfolio WICHITA FALLS, TX 690690 $690 $690 0.00% New
84 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 675675 $0 $0 0.00% Reduced -12.5k -12,500
85 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 502502 $480 $480 0.00% Unchanged
86 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 498498 $495 $495 0.00% Added +1 +1
87 CGC Financial Services, LLC 0.00% of their portfolio LAKE OSWEGO, OR 461461 $461 $461 0.00% Unchanged
88 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 443443 $443 $443 0.00% Added +5 +5
89 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 400400 $400 $400 0.00% New
90 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 400400 $400 $400 0.00% New
91 Coppell Advisory Solutions LLC 0.00% of their portfolio COPPELL, TX 331331 $735 $735 0.00% Unchanged
92 Transce3nd, LLC 0.00% of their portfolio BUDA, TX 327327 $327 $327 0.00% First filing
93 Glass Jacobson Investment Advisors llc 0.00% of their portfolio OWINGS MILLS, MD 248248 $248 $248 0.00% Unchanged
94 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 244244 $244 $244 0.00% Unchanged
95 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 201201 $201 $201 0.00% Unchanged
96 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 200200 $200 $200 0.00% Reduced -350 -350
97 Capital Advisors, Ltd. LLC 0.00% of their portfolio SHAKER HEIGHTS, OH 197197 $0 $0 0.00% New
98 CENTRAL TRUST Co 0.00% of their portfolio JEFFERSON CITY, MO 163163 $163 $163 0.00% New
99 HM PAYSON & CO 0.00% of their portfolio PORTLAND, ME 160160 $160 $160 0.00% Unchanged
100 Versant Capital Management, Inc 0.00% of their portfolio PHOENIX, AZ 159159 $159 $159 0.00% Unchanged