OFFERPAD SOLUTIONS INC
COM CL A · CUSIP 67623L307
* 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 ≈ $4.17. Options: 6 managers hold calls ($10.4m notional), 6 hold puts ($4.4m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2023 | 43 |
| Q3 2023 | 34 |
| Q4 2023 | 38 |
| Q1 2024 | 45 |
| Q2 2024 | 47 |
| Q3 2024 | 51 |
| Q4 2024 | 53 |
| Q1 2025 | 57 |
| Q2 2025 | 44 |
| Q3 2025 | 38 |
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 2023 | 22 | 8 |
| Q1 2024 | 19 | 17 |
| Q2 2024 | 24 | 23 |
| Q3 2024 | 25 | 15 |
| Q4 2024 | 26 | 12 |
| Q1 2025 | 20 | 19 |
| Q2 2025 | 18 | 34 |
| Q3 2025 | 20 | 24 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $99.2k | $0 | 0.00 |
| Q1 2025 | $0 | $12.7k | — |
| Q2 2025 | $171.4k | $0 | 0.00 |
| Q3 2025 | $10.4m | $4.4m | 0.43 |
Biggest buyers
| Investure, LLC | New | +521.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +415.8k |
| GROUP ONE TRADING LLC | New | +406.6k |
| BlackRock, Inc. | Added | +354.3k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +278.2k |
| JANE STREET GROUP, LLC | Added | +238.1k |
| SIMPLEX TRADING, LLC | Added | +159.2k |
| NATIONAL BANK OF CANADA /FI/ | Added | +154.4k |
| VANGUARD GROUP INC | Added | +87.1k |
| MORGAN STANLEY | Added | +65.3k |
Biggest sellers
| Ulysses Management LLC | Sold out | -771.9k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -186.5k |
| IEQ CAPITAL, LLC | Reduced | -134.3k |
| GOLDMAN SACHS GROUP INC | Sold out | -59.4k |
| CITADEL ADVISORS LLC | Sold out | -44.4k |
| AQR CAPITAL MANAGEMENT LLC | Sold out | -34.3k |
| Watts Gwilliam & Co., LLC | Reduced | -24.5k |
| XTX Topco Ltd | Sold out | -18.3k |
| Y-Intercept (Hong Kong) Ltd | Sold out | -17.8k |
| Tower Research Capital LLC (TRC) | Reduced | -7.8k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $4.3m1.0m shares |
| GROUP ONE TRADING LLC | New | $2.8m674.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $1.6m378.3k shares |
| SIMPLEX TRADING, LLC | New | $786.0k188.7k shares |
| IMC-Chicago, LLC | New | $519.6k124.6k shares |
| JANE STREET GROUP, LLC | New | $373.2k89.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $1.7m408.7k shares |
| CITADEL ADVISORS LLC | New | $1.0m244.6k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $643.8k1.5k shares |
| GROUP ONE TRADING LLC | New | $477.5k114.5k shares |
| SIMPLEX TRADING, LLC | New | $331.0k79.6k shares |
| JANE STREET GROUP, LLC | New | $272.3k65.3k 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.
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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| First American Financial Corp 7.00% of their portfolio | 5.1m $21.3m | Unchanged |
| Kemnay Advisory Services Inc. 0.87% of their portfolio | 1.4m $5.8m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 790.6k $3.3m | Added +87.1k |
| BlackRock, Inc. 0.00% of their portfolio | 599.2k $2.5m | Added +354.3k |
| Wilmington Savings Fund Society, FSB 0.06% of their portfolio | 595.2k $2.5m | Unchanged |
| Investure, LLC 0.13% of their portfolio | 521.6k $2.2m | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 473.0k $2.0m | Added +415.8k |
| GROUP ONE TRADING LLC 0.05% of their portfolio | 406.6k $1.7m | New |
| Watts Gwilliam & Co., LLC 0.21% of their portfolio | 309.0k $1.3m | Reduced -24.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 303.1k $1.3m | Added +278.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 286.8k $1.2m | Added +238.1k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 162.5k $677.0k | Added +159.2k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 154.4k $643.9k | Added +154.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 138.2k $576.4k | Added +50.1k |
| IEQ CAPITAL, LLC 0.00% of their portfolio | 78.2k $326.2k | Reduced -134.3k |
| MORGAN STANLEY 0.00% of their portfolio | 75.0k $312.8k | Added +65.3k |
| MONOGRAPH WEALTH ADVISORS, LLC 0.03% of their portfolio | 59.5k $248.3k | New |
| STATE STREET CORP 0.00% of their portfolio | 55.5k $231.6k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 45.4k $189.5k | Added +16.7k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 25.4k $105.9k | Unchanged |
| Pathstone Holdings, LLC 0.00% of their portfolio | 23.8k $99.3k | New |
| Cerity Partners LLC 0.00% of their portfolio | 23.8k $99.3k | Reduced -5.1k |
| TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio | 18.9k $78.7k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 16.4k $68.3k | Unchanged |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 13.2k $54.8k | New |
| BARCLAYS PLC 0.00% of their portfolio | 11.5k $47.9k | Reduced -1.3k |
| FMR LLC 0.00% of their portfolio | 4.9k $20.5k | Reduced -357 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 3.6k $15.1k | Reduced -7.8k |
| CITIGROUP INC 0.00% of their portfolio | 3.4k $14.3k | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.0k $4.2k | Added +27 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 551 $2.0k | Reduced -2.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 522 $2.2k | Reduced -399 |
| GPS Wealth Strategies Group, LLC 0.00% of their portfolio | 500 $2.1k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 434 $2.0k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 221 $921 | Reduced -4.8k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 206 $896 | Added +200 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 43 $179 | Reduced -84 |
| CWM, LLC 0.00% of their portfolio | 30 $0 | Reduced -2.6k |