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 ($110.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.97. Options: 43 managers hold calls ($667.4m notional), 44 hold puts ($564.5m).
Trends to Q3 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 |
| Q3 2025 | 324 |
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 | 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 |
| Q3 2025 | 216 | 139 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $10.1m | $11.7m | 1.15 |
| Q1 2025 | $3.7m | $3.8m | 1.00 |
| Q2 2025 | $2.2m | $1.8m | 0.81 |
| Q3 2025 | $667.4m | $564.5m | 0.85 |
Biggest buyers
| JANE STREET GROUP, LLC | Added | +23.9m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +17.3m |
| AMERICAN CENTURY COMPANIES INC | New | +11.0m |
| Tidal Investments LLC | New | +8.7m |
| MORGAN STANLEY | Added | +6.3m |
| Allianz Asset Management GmbH | New | +5.8m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | New | +5.3m |
| HENNESSY ADVISORS INC | New | +4.4m |
| Invesco Ltd. | Added | +3.7m |
| GOLDMAN SACHS GROUP INC | Added | +2.1m |
Biggest sellers
| T. Rowe Price Investment Management, Inc. | Reduced | -15.8m |
| TWO SIGMA ADVISERS, LP | Reduced | -13.0m |
| Qube Research & Technologies Ltd | Sold out | -12.5m |
| Verition Fund Management LLC | Sold out | -9.1m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -8.8m |
| CITADEL ADVISORS LLC | Reduced | -7.9m |
| JACOBS LEVY EQUITY MANAGEMENT, INC | Sold out | -7.3m |
| a16z Capital Management, L.L.C. | Sold out | -6.2m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -6.1m |
| Invenomic Capital Management LP | Sold out | -5.5m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $222.1m27.9m shares |
| CITADEL ADVISORS LLC | Added | $129.8m16.3m shares |
| GROUP ONE TRADING LLC | Added | $72.2m9.1m shares |
| SIMPLEX TRADING, LLC | Added | $56.0m7.0m shares |
| IMC-Chicago, LLC | Added | $53.9m6.8m shares |
| D. E. Shaw & Co., Inc. | New | $36.0m4.5m shares |
| WOLVERINE TRADING, LLC | Added | $23.6m2.9m shares |
| JANE STREET GROUP, LLC | Added | $13.7m1.7m shares |
| GOLDMAN SACHS GROUP INC | New | $12.4m1.6m shares |
| PEAK6 LLC | New | $11.1m1.4m shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $101.4m12.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $82.8m10.4m shares |
| Tidal Investments LLC | New | $67.7m8.5m shares |
| SIMPLEX TRADING, LLC | Added | $47.9m6.0m shares |
| IMC-Chicago, LLC | Added | $40.6m5.1m shares |
| UBS Group AG | New | $33.6m4.2m shares |
| JANE STREET GROUP, LLC | Added | $30.5m3.8m shares |
| PICTON MAHONEY ASSET MANAGEMENT | New | $27.1m3.4m shares |
| Graham Capital Management, L.P. | New | $19.2m2.4m shares |
| WOLVERINE TRADING, LLC | Added | $12.0m1.5m 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 Q3 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 |
|---|---|---|---|---|---|
| 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 |
| Q3 2025 | 2 | $5.1m | 1 | $122.4k | $122.4k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-09-26 | Wu Eric Chung-Wei Director | Bought | $2.0m300.8k shares |
| 2025-09-11 | Wu Eric Chung-Wei Director | Bought | $3.0m451.1k shares |
| 2025-08-28 | Radhakrishna Shrisha President | Bought | $128.3k30.0k shares |
| 2025-07-21 | Schaub Sydney Chief Legal Officer | Sold plan | $105.0k30.0k shares |
| 2025-07-16 | Schaub Sydney Chief Legal Officer | Sold plan | $164125 shares |
| 2025-07-15 | Schaub Sydney Chief Legal Officer | Sold plan | $17.2k17.2k 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, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 68.2m $543.5m | Added +1.8m |
| RENAISSANCE TECHNOLOGIES LLC 0.27% of their portfolio | 26.1m $208.0m | Added +17.3m |
| JANE STREET GROUP, LLC 0.24% of their portfolio | 25.9m $206.2m | Added +23.9m |
| BlackRock, Inc. 0.00% of their portfolio | 14.2m $113.5m | Reduced -937.0k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 13.9m $111.2m | Added +2.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 12.3m $98.1m | Added +454.5k |
| MORGAN STANLEY 0.01% of their portfolio | 11.0m $88.0m | Added +6.3m |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 11.0m $87.7m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 9.5m $76.1m | Added +633.3k |
| Tidal Investments LLC 0.30% of their portfolio | 8.7m $69.6m | New |
| Invesco Ltd. 0.01% of their portfolio | 6.7m $53.2m | Added +3.7m |
| UBS Group AG 0.01% of their portfolio | 6.4m $51.2m | Reduced -3.3m |
| Allianz Asset Management GmbH 0.06% of their portfolio | 5.8m $45.9m | New |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 5.7m $45.1m | Reduced -899.1k |
| STATE STREET CORP 0.00% of their portfolio | 5.6m $44.4m | Added +421.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 5.3m $42.1m | New |
| HENNESSY ADVISORS INC 1.20% of their portfolio | 4.4m $34.7m | New |
| IEQ CAPITAL, LLC 0.08% of their portfolio | 3.2m $25.2m | Reduced -3.5m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.1m $16.6m | Added +356.8k |
| Proem Advisors LLC 3.83% of their portfolio | 2.0m $15.9m | New |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 1.8m $14.1m | Reduced -8.8m |
| TORONTO DOMINION BANK 0.03% of their portfolio | 1.7m $13.5m | New |
| GROUP ONE TRADING LLC 0.35% of their portfolio | 1.5m $11.7m | Reduced -83.1k |
| LPL Financial LLC 0.00% of their portfolio | 1.4m $11.2m | Added +1.1m |
| GF FUND MANAGEMENT CO. LTD. 0.20% of their portfolio | 1.4m $10.8m | New |
| Swiss National Bank 0.01% of their portfolio | 1.3m $10.1m | Added +97.2k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 1.3m $10.1m | New |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.12% of their portfolio | 1.2m $9.5m | Added +726.3k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.1m $8.9m | Reduced -7.9m |
| K2 PRINCIPAL FUND, L.P. 0.84% of their portfolio | 1.0m $8.0m | New |
| HRT FINANCIAL LP 0.04% of their portfolio | 989.8k $7.9m | Added +182.3k |
| THAMES CAPITAL MANAGEMENT LLC 1.13% of their portfolio | 980.8k $7.8m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 969.7k $7.7m | Reduced -565.4k |
| Private Advisor Group, LLC 0.04% of their portfolio | 932.2k $7.4m | Added +886.9k |
| CAZ INVESTMENTS LP 12.98% of their portfolio | 875.2k $7.0m | Reduced -307.3k |
| IMC-Chicago, LLC 0.12% of their portfolio | 838.0k $6.7m | New |
| Q Fund Management (Hong Kong) Ltd 4.48% of their portfolio | 810.0k $6.5m | New |
| Susquehanna Portfolio Strategies, LLC 0.09% of their portfolio | 712.6k $5.7m | New |
| Legal & General Group Plc 0.00% of their portfolio | 672.0k $5.4m | Added +55.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 611.9k $4.9m | Reduced -753.8k |
| ALGERT GLOBAL LLC 0.08% of their portfolio | 599.7k $4.8m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 577.3k $4.6m | Added +62.3k |
| T. Rowe Price Investment Management, Inc. 0.00% of their portfolio | 531.0k $4.2m | Reduced -15.8m |
| SIGNATUREFD, LLC 0.06% of their portfolio | 516.6k $4.1m | Added +1.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 506.2k $4.0m | Added +468.5k |
| Trexquant Investment LP 0.04% of their portfolio | 501.8k $4.0m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 498.9k $4.0m | Reduced -6.1m |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 490.3k $3.9m | Reduced -2.6m |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 449.8k $3.6m | Added +401.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 441.5k $3.5m | Added +2.1k |
| NWAM LLC 0.18% of their portfolio | 440.5k $3.2m | Reduced -131.5k |
| Squarepoint Ops LLC 0.01% of their portfolio | 438.8k $3.5m | Reduced -1.0m |
| Cubist Systematic Strategies, LLC 0.05% of their portfolio | 436.2k $3.5m | New |
| Alight Capital Management LP 0.76% of their portfolio | 400.0k $3.2m | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 392.7k $3.1m | Reduced -4.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 338.1k $2.7m | Unchanged |
| FORA Capital, LLC 0.38% of their portfolio | 272.3k $2.2m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 268.9k $2.1m | Reduced -789.3k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 251.0k $2.0m | Unchanged |
| IPG Investment Advisors LLC 0.36% of their portfolio | 250.0k $2.0m | New |
| State of Wyoming 0.23% of their portfolio | 248.5k $2.0m | Added +33.1k |
| Cetera Investment Advisers 0.00% of their portfolio | 245.0k $2.0m | New |
| Caption Management, LLC 0.11% of their portfolio | 244.5k $1.9m | New |
| NOTABLE CAPITAL MANAGEMENT, L.L.C. 2.30% of their portfolio | 226.4k $1.8m | Added +132.1k |
| Cresset Asset Management, LLC 0.01% of their portfolio | 221.7k $1.8m | Reduced -3.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 220.3k $1.8m | Reduced -46.5k |
| WOLVERINE TRADING, LLC 0.04% of their portfolio | 219.3k $1.8m | Added +117.9k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 211.0k $1.7m | Added +197.1k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 208.2k $1.7m | New |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 201.9k $1.3m | Added +157.1k |
| ARIZONA STATE RETIREMENT SYSTEM 0.01% of their portfolio | 194.2k $1.5m | Added +14.7k |
| Hidden Lake Asset Management LP 0.61% of their portfolio | 191.2k $1.5m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 189.7k $1.5m | Reduced -382.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 187.5k $1.5m | Added +77.9k |
| XML Financial, LLC 0.11% of their portfolio | 175.0k $1.4m | New |
| Walleye Capital LLC 0.01% of their portfolio | 163.2k $1.3m | New |
| Sigma Planning Corp 0.04% of their portfolio | 158.2k $1.3m | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 151.4k $1.2m | New |
| Voleon Capital Management LP 0.03% of their portfolio | 147.0k $1.2m | New |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 144.9k $1.3m | Added +126.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 141.8k $1.1m | Added +128.8k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 141.0k $1.0m | Added +49.9k |
| CITIGROUP INC 0.00% of their portfolio | 138.5k $1.1m | Added +83.5k |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 136.9k $1.1m | Added +22.6k |
| Cerity Partners LLC 0.00% of their portfolio | 135.3k $1.1m | Reduced -180.5k |
| Wilmington Savings Fund Society, FSB 0.03% of their portfolio | 134.1k $1.1m | Added +58 |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.01% of their portfolio | 132.5k $1.1m | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 131.9k $1.1m | Added +25.4k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 125.9k $1.0m | New |
| BW Gestao de Investimentos Ltda. 0.07% of their portfolio | 123.4k $983.5k | New |
| SBI Securities Co., Ltd. 0.02% of their portfolio | 119.1k $949.5k | Added +104.0k |
| Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio | 112.0k $892.5k | Reduced -325.0k |
| CITIZENS FINANCIAL GROUP INC/RI 0.01% of their portfolio | 110.3k $879.5k | Reduced -299.6k |
| Tradition Wealth Management, LLC 0.06% of their portfolio | 108.7k $866.3k | New |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 108.6k $865.5k | Added +24.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 102.8k $819.0k | Reduced -2.4m |
| Compound Planning, Inc. 0.03% of their portfolio | 102.7k $818.2k | Reduced -60.1k |
| HB Wealth Management, LLC 0.01% of their portfolio | 98.3k $783.3k | Reduced -2.2k |
| CANTOR FITZGERALD, L. P. 0.02% of their portfolio | 96.2k $766.4k | Added +36.7k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 94.9k $756.0k | Reduced -8.3k |