OPENDOOR TECHNOLOGIES INC OPEN
COM · Common Stock · CUSIP 683712103 · ISIN US6837121036
American real estate company
- SectorReal estate
- IndustryReal Estate Agents & Managers (For Others)
- HeadquartersTempe, AZ
- Founded2014
- Websiteopendoor.com
- FilingsSEC EDGAR
* 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 ($225.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $0.54. Options: 12 managers hold calls ($2.2m notional), 10 hold puts ($1.8m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 324 |
| Q4 2022 | 291 |
| Q1 2023 | 300 |
| Q2 2023 | 299 |
| Q3 2023 | 304 |
| Q4 2023 | 311 |
| Q1 2024 | 303 |
| Q2 2024 | 294 |
| Q3 2024 | 294 |
| Q4 2024 | 288 |
| Q1 2025 | 274 |
| Q2 2025 | 242 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 138 | 131 |
| Q4 2023 | 133 | 138 |
| Q1 2024 | 145 | 138 |
| Q2 2024 | 135 | 137 |
| Q3 2024 | 138 | 125 |
| Q4 2024 | 111 | 140 |
| Q1 2025 | 130 | 118 |
| Q2 2025 | 98 | 156 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $11.7m | $13.4m | 1.14 |
| Q4 2024 | $10.1m | $11.7m | 1.15 |
| Q1 2025 | $3.7m | $3.8m | 1.00 |
| Q2 2025 | $2.2m | $1.8m | 0.81 |
Biggest buyers
| Qube Research & Technologies Ltd | New | +12.5m |
| TWO SIGMA ADVISERS, LP | Added | +11.3m |
| Verition Fund Management LLC | New | +9.1m |
| CITADEL ADVISORS LLC | Added | +6.4m |
| D. E. Shaw & Co., Inc. | Added | +6.4m |
| Invenomic Capital Management LP | New | +5.5m |
| UBS Group AG | Added | +5.2m |
| TWO SIGMA INVESTMENTS, LP | Added | +5.0m |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Added | +4.9m |
| GOLDMAN SACHS GROUP INC | Added | +4.2m |
Biggest sellers
| BlackRock, Inc. | Reduced | -35.7m |
| VANGUARD GROUP INC | Reduced | -19.8m |
| STATE STREET CORP | Reduced | -9.4m |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -8.0m |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -7.8m |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Sold out | -5.2m |
| T. Rowe Price Investment Management, Inc. | Reduced | -4.6m |
| NORTHERN TRUST CORP | Reduced | -4.2m |
| MORGAN STANLEY | Reduced | -3.8m |
| Empowered Funds, LLC | Sold out | -3.2m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $726.9k1.4m shares |
| SIMPLEX TRADING, LLC | Reduced | $446.0k838.6k shares |
| IMC-Chicago, LLC | Added | $376.9k707.2k shares |
| WOLVERINE TRADING, LLC | Added | $364.6k652.9k shares |
| GROUP ONE TRADING LLC | Reduced | $137.0k257.0k shares |
| CITADEL ADVISORS LLC | Added | $71.3k133.7k shares |
| JANE STREET GROUP, LLC | Reduced | $25.6k48.0k shares |
| Squarepoint Ops LLC | Unchanged | $11.7k21.9k shares |
| Walleye Trading LLC | Reduced | $7.8k14.6k shares |
| HAP Trading, LLC | New | $88312.1k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $555.6k1.0m shares |
| IMC-Chicago, LLC | Added | $372.5k698.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $302.2k570.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $236.0k442.8k shares |
| GROUP ONE TRADING LLC | Reduced | $133.2k250.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $68.8k123.2k shares |
| Walleye Trading LLC | Reduced | $56.4k105.8k shares |
| Squarepoint Ops LLC | Reduced | $21.9k41.1k shares |
| JANE STREET GROUP, LLC | Reduced | $17.6k33.1k 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.
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.
| Holder | Stake |
|---|---|
| MORGAN STANLEY 13G · institution +1.3 pts · filed 2026-08-13 | 11.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.3% |
| BlackRock, Inc. 13G · institution +5.4 pts · filed 2026-07-29 | 7.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), D. E. SHAW & CO, L.P. (2.2%, 2026-02-17), JANE STREET GROUP, LLC (3.0%, 2026-02-04), GOLDMAN SACHS GROUP INC (0.3%, 2026-01-30)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 5 | $9.5m | $9.3m |
| Q4 2023 | 0 | — | 5 | $5.4m | $5.4m |
| Q1 2024 | 0 | — | 5 | $2.5m | $2.4m |
| Q2 2024 | 0 | — | 4 | $2.0m | $2.0m |
| Q3 2024 | 0 | — | 4 | $2.3m | $1.9m |
| Q4 2024 | 0 | — | 4 | $1.5m | $1.2m |
| Q1 2025 | 0 | — | 2 | $762.2k | $762.2k |
| Q2 2025 | 0 | — | 2 | $454.9k | $454.9k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-17 | Schaub Sydney Chief Legal Officer | Sold plan | $284517 shares |
| 2025-06-16 | WHEELER CARRIE Chief Executive Officer | Sold plan | $375.9k671.2k shares |
| 2025-06-16 | Schaub Sydney Chief Legal Officer | Sold plan | $62.1k110.9k shares |
| 2025-04-16 | Schaub Sydney Chief Legal Officer | Sold plan | $120126 shares |
| 2025-04-15 | Schaub Sydney Chief Legal Officer | Sold plan | $16.5k17.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 66.4m $35.4m | Reduced -19.8m |
| T. Rowe Price Investment Management, Inc. 0.01% of their portfolio | 16.4m $8.7m | Reduced -4.6m |
| BlackRock, Inc. 0.00% of their portfolio | 15.2m $8.1m | Reduced -35.7m |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 13.1m $7.0m | Added +11.3m |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 12.5m $6.7m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 11.9m $6.3m | Reduced -247.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 11.8m $6.3m | Added +4.2m |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 10.6m $5.7m | Added +5.0m |
| UBS Group AG 0.00% of their portfolio | 9.7m $5.2m | Added +5.2m |
| Weiss Asset Management LP 0.08% of their portfolio | 9.6m $5.1m | Not comparable |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 9.1m $4.8m | Added +6.4m |
| Verition Fund Management LLC 0.03% of their portfolio | 9.1m $4.8m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 8.9m $4.7m | Reduced -7.8m |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 8.8m $4.7m | Added +1.2m |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio | 7.3m $3.9m | Added +4.9m |
| IEQ CAPITAL, LLC 0.02% of their portfolio | 6.7m $3.6m | Reduced -818.4k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 6.6m $3.5m | Reduced -1.6m |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 6.6m $3.5m | Added +6.4m |
| a16z Capital Management, L.L.C. 1.06% of their portfolio | 6.2m $3.3m | Unchanged |
| Invenomic Capital Management LP 0.17% of their portfolio | 5.5m $2.9m | New |
| STATE STREET CORP 0.00% of their portfolio | 5.1m $2.7m | Reduced -9.4m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 4.8m $2.6m | Added +1.1m |
| MORGAN STANLEY 0.00% of their portfolio | 4.7m $2.5m | Reduced -3.8m |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 4.5m $2.4m | Added +3.0m |
| NVP ASSOCIATES, LLC 1.21% of their portfolio | 4.2m $2.2m | Unchanged |
| MANGROVE PARTNERS IM, LLC 0.21% of their portfolio | 3.7m $2.0m | Added +3.2m |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 3.1m $1.7m | Reduced -379.5k |
| Invesco Ltd. 0.00% of their portfolio | 2.9m $1.6m | Added +1.4m |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 2.7m $1.4m | Added +2.5m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.5m $1.3m | Added +2.4m |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 2.0m $1.1m | Reduced -2.3m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 2.0m $1.0m | New |
| Jain Global LLC 0.01% of their portfolio | 1.8m $944.8k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.7m $918.1k | Reduced -4.2m |
| GROUP ONE TRADING LLC 0.03% of their portfolio | 1.6m $827.9k | Added +915.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.5m $818.2k | Added +521.0k |
| Squarepoint Ops LLC 0.00% of their portfolio | 1.5m $776.3k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 1.4m $723.8k | Reduced -418.9k |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 1.2m $652.2k | Added +964.0k |
| CAZ INVESTMENTS LP 3.57% of their portfolio | 1.2m $630.3k | Added +200.0k |
| Swiss National Bank 0.00% of their portfolio | 1.2m $626.4k | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.1m $564.0k | Added +486.4k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 1.0m $545.0k | Added +686.1k |
| Altshuler Shaham Ltd 0.02% of their portfolio | 925.6k $493.3k | Unchanged |
| SummitTX Capital, L.P. 0.02% of their portfolio | 883.6k $471.0k | New |
| Temasek Holdings (Private) Ltd 0.00% of their portfolio | 878.8k $468.4k | Unchanged |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 875.4k $466.6k | Reduced -2.6m |
| FMR LLC 0.00% of their portfolio | 852.1k $454.2k | Reduced -445 |
| Aster Capital Management (DIFC) Ltd 0.10% of their portfolio | 835.0k $445.0k | Added +823.8k |
| HRT FINANCIAL LP 0.00% of their portfolio | 807.5k $430.0k | New |
| XTX Topco Ltd 0.01% of their portfolio | 636.6k $339.3k | Added +115.1k |
| Atom Investors LP 0.03% of their portfolio | 617.2k $329.0k | New |
| Legal & General Group Plc 0.00% of their portfolio | 616.3k $328.5k | Reduced -52.0k |
| NWAM LLC 0.06% of their portfolio | 572.0k $1.1m | Reduced -19.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 571.7k $304.7k | Reduced -1.8m |
| Sepio Capital, LP 0.02% of their portfolio | 561.1k $299.0k | Added +366.5k |
| SG Americas Securities, LLC 0.00% of their portfolio | 537.2k $286.0k | Reduced -21.3k |
| JENNISON ASSOCIATES LLC 0.00% of their portfolio | 536.0k $285.7k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 515.0k $274.5k | Reduced -46.2k |
| SIGNATUREFD, LLC 0.00% of their portfolio | 514.8k $274.4k | Reduced -19.1k |
| Quantessence Capital LLC 0.08% of their portfolio | 479.2k $255.4k | New |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio | 471.0k $251.1k | Added +259.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 439.4k $234.2k | Reduced -1.6m |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 436.9k $232.9k | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 412.1k $219.7k | Added +314.5k |
| CITIZENS FINANCIAL GROUP INC/RI 0.00% of their portfolio | 410.0k $218.5k | New |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 377.3k $201.0k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 338.1k $180.0k | Reduced -283.5k |
| LPL Financial LLC 0.00% of their portfolio | 322.8k $172.0k | Added +104.5k |
| TWO SIGMA SECURITIES, LLC 0.02% of their portfolio | 322.0k $171.6k | Added +66.4k |
| Cerity Partners LLC 0.00% of their portfolio | 315.8k $168.3k | Reduced -41.4k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 266.8k $142.2k | Reduced -831.8k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 251.0k $134.2k | Unchanged |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 243.1k $129.6k | Added +98.2k |
| Catalyst Funds Management Pty Ltd 0.04% of their portfolio | 240.8k $128.3k | New |
| Cresset Asset Management, LLC 0.00% of their portfolio | 224.9k $119.9k | Reduced -166.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 223.7k $119.2k | Reduced -8.0m |
| Laurion Capital Management LP 0.01% of their portfolio | 220.1k $117.3k | New |
| State of Wyoming 0.01% of their portfolio | 215.3k $114.8k | Added +96.9k |
| BARCLAYS PLC 0.00% of their portfolio | 207.1k $110.4k | Reduced -867.4k |
| Hudson Bay Capital Management LP 0.00% of their portfolio | 185.0k $98.6k | New |
| Valeo Financial Advisors, LLC 0.00% of their portfolio | 183.6k $97.9k | New |
| ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio | 179.5k $95.7k | Added +5.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 176.9k $94.3k | Reduced -253.8k |
| Walleye Trading LLC 0.00% of their portfolio | 173.2k $92.3k | Added +24.6k |
| Compound Planning, Inc. 0.00% of their portfolio | 162.8k $86.8k | Reduced -11.1k |
| Marex Group Ltd 0.00% of their portfolio | 160.4k $85.5k | Added +30.0k |
| 111 Capital 0.01% of their portfolio | 159.5k $85.0k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 151.0k $80.5k | Added +118.2k |
| BRIGHTON JONES LLC 0.00% of their portfolio | 145.0k $77.3k | Added +15 |
| Virtu Financial LLC 0.00% of their portfolio | 144.1k $77.0k | New |
| Chico Wealth RIA 0.06% of their portfolio | 137.4k $73.2k | Unchanged |
| Wilmington Savings Fund Society, FSB 0.00% of their portfolio | 134.0k $71.4k | Unchanged |
| Founders Fund Growth Management, LLC 100.00% of their portfolio | 125.0k $66.3k | Unchanged |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 114.3k $60.9k | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 109.6k $58.4k | Reduced -24.4k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 106.4k $56.7k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 104.8k $56.0k | Reduced -37.3k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 103.1k $55.0k | Reduced -55.0k |
| GC Wealth Management RIA, LLC 0.00% of their portfolio | 102.1k $54.4k | New |