Vault-13

OFFERPAD SOLUTIONS INC

COM CL A · CUSIP 67623L307

44 institutional holders -13 vs Q1 2025
10,150,57410.2m shares reported held*
$10.4mreported value*
6 new 12 added 14 reduced 20 sold out net sold ≈ $403.5k (-802.6k 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 ≈ $1.02. Options: 2 managers hold calls ($171.4k notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q2 23: 43Q3 23: 34Q4 23: 38Q1 24: 45Q2 24: 47Q3 24: 51Q4 24: 53Q1 25: 57Q2 25: 4444Q2 23Q4 23Q2 24Q4 24Q2 25
Numbers
QuarterHolders
Q2 202343
Q3 202334
Q4 202338
Q1 202445
Q2 202447
Q3 202451
Q4 202453
Q1 202557
Q2 202544

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 15 bought or addedQ3 23: 23 cut or sold outQ4 23: 22 bought or addedQ4 23: 8 cut or sold outQ4 23Q1 24: 19 bought or addedQ1 24: 17 cut or sold outQ2 24: 24 bought or addedQ2 24: 23 cut or sold outQ2 24Q3 24: 25 bought or addedQ3 24: 15 cut or sold outQ4 24: 26 bought or addedQ4 24: 12 cut or sold outQ4 24Q1 25: 20 bought or addedQ1 25: 19 cut or sold outQ2 25: 18 bought or addedQ2 25: 34 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231523
Q4 2023228
Q1 20241917
Q2 20242423
Q3 20242515
Q4 20242612
Q1 20252019
Q2 20251834

Calls vs puts

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

CallsPuts
$0$50k$100k$150k$200kQ3 24 calls: $135.6kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $99.2kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $0Q1 25 puts: $12.7kQ1 25P/C —Q2 25 calls: $171.4kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$135.6k$00.00
Q4 2024$99.2k$00.00
Q1 2025$0$12.7k—
Q2 2025$171.4k$00.00

Biggest buyers

MILLENNIUM MANAGEMENT LLC New +186,524+186.5k
JANE STREET GROUP, LLC New +48,638+48.6k
CITADEL ADVISORS LLC New +44,429+44.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +34,801+34.8k
GOLDMAN SACHS GROUP INC Added +21,570+21.6k
UBS Group AG Added +18,701+18.7k
Y-Intercept (Hong Kong) Ltd New +17,751+17.8k
AQR CAPITAL MANAGEMENT LLC Added +9,999+10.0k
Tower Research Capital LLC (TRC) Added +5,107+5.1k
FMR LLC Added +3,655+3.7k

Biggest sellers

Watts Gwilliam & Co., LLC Reduced -359,498-359.5k
BlackRock, Inc. Reduced -316,173-316.2k
GEODE CAPITAL MANAGEMENT, LLC Reduced -123,175-123.2k
NORTHERN TRUST CORP Reduced -68,315-68.3k
VANGUARD GROUP INC Reduced -62,481-62.5k
DEUTSCHE BANK AG\ Sold out -39,062-39.1k
SG Americas Securities, LLC Sold out -33,112-33.1k
STATE STREET CORP Reduced -30,951-31.0k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Sold out -25,044-25.0k
Bank of New York Mellon Corp Sold out -23,826-23.8k

Biggest calls

CITADEL ADVISORS LLC New $171.4k188.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

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.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: CITADEL ADVISORS LLC (4.2%, 2026-01-21), DAVIDSON KEMPNER CAPITAL MANAGEMENT LP (4.4%, 2026-01-16)

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 First American Financial Corp 1.59% of their portfolio SANTA ANA, CA 5,119,3145.1m $4.7m $4.7m 1.59% Unchanged
2 Kemnay Advisory Services Inc. 0.20% of their portfolio New York, NY 1,379,5071.4m $1.3m $1.3m 0.20% Unchanged
3 Ulysses Management LLC 0.15% of their portfolio New York, NY 771,885771.9k $702.4k $702.4k 0.15% Unchanged
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 703,426703.4k $640.1k $640.1k 0.00% Reduced -62.5k -62,481
5 Wilmington Savings Fund Society, FSB 0.01% of their portfolio WILMINGTON, DE 595,238595.2k $541.7k $541.7k 0.01% Unchanged
6 Watts Gwilliam & Co., LLC 0.23% of their portfolio GILBERT, AZ 333,516333.5k $1.4m $1.4m 0.23% Reduced -359.5k -359,498
7 BlackRock, Inc. 0.00% of their portfolio New York, NY 244,934244.9k $222.9k $222.9k 0.00% Reduced -316.2k -316,173
8 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 212,504212.5k $193.4k $193.4k 0.00% Unchanged
9 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 186,524186.5k $169.7k $169.7k 0.00% New
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 88,05988.1k $80.2k $80.2k 0.00% Reduced -123.2k -123,175
11 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 59,35959.4k $54.0k $54.0k 0.00% Added +21.6k +21,570
12 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 57,21657.2k $52.1k $52.1k 0.00% Added +34.8k +34,801
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 55,53155.5k $50.5k $50.5k 0.00% Reduced -31.0k -30,951
14 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 48,63848.6k $44.3k $44.3k 0.00% New
15 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 44,42944.4k $40.4k $40.4k 0.00% New
16 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 34,30734.3k $31.2k $31.2k 0.00% Added +10.0k +9,999
17 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 28,90628.9k $26.3k $26.3k 0.00% Added +2.0k +2,012
18 UBS Group AG 0.00% of their portfolio ZURICH, V8 28,77728.8k $26.2k $26.2k 0.00% Added +18.7k +18,701
19 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio HOUSTON, TX 25,40025.4k $23.1k $23.1k 0.00% Unchanged
20 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 24,85324.9k $22.6k $22.6k 0.00% Added +3.5k +3,500
21 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 18,31118.3k $16.7k $16.7k 0.00% Reduced -713 -713
22 Y-Intercept (Hong Kong) Ltd 0.00% of their portfolio HONG KONG, K3 17,75117.8k $16.2k $16.2k 0.00% New
23 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 16,38916.4k $14.9k $14.9k 0.00% Reduced -68.3k -68,315
24 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 12,81012.8k $11.7k $11.7k 0.00% Reduced -4.4k -4,422
25 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 11,37911.4k $10.4k $10.4k 0.00% Added +5.1k +5,107
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,7529.8k $8.9k $8.9k 0.00% Reduced -10.2k -10,215
27 FMR LLC 0.00% of their portfolio BOSTON, MA 5,2725.3k $4.8k $4.8k 0.00% Added +3.7k +3,655
28 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 5,0325.0k $4.6k $4.6k 0.00% Reduced -4.6k -4,555
29 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 3,3763.4k $3.0k $3.0k 0.00% Reduced -2.0k -2,048
30 CWM, LLC 0.00% of their portfolio OMAHA, NE 2,6352.6k $2.0k $2.0k 0.00% Added +654 +654
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,6002.6k $4.0k $4.0k 0.00% Added +1.3k +1,342
32 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 991991 $902 $902 0.00% Reduced -19.8k -19,814
33 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 921921 $838 $838 0.00% Reduced -288 -288
34 GPS Wealth Strategies Group, LLC 0.00% of their portfolio CENTENNIAL, CO 500500 $455 $455 0.00% Unchanged
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 153153 $139 $139 0.00% Reduced -6.0k -5,966
36 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 153153 $139 $139 0.00% Unchanged
37 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 127127 $115 $115 0.00% Added +78 +78
38 True Wealth Design, LLC 0.00% of their portfolio AKRON, OH 3737 $34 $34 0.00% Added +21 +21
39 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 2121 $20 $20 0.00% New
40 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 2020 $19 $19 0.00% Unchanged
41 Essential Partners LLC 0.00% of their portfolio RANCHO SANTA FE, CA 88 $7 $7 0.00% First filing
42 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 77 $7 $7 0.00% New
43 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 66 $5 $5 0.00% Unchanged
44 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged