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 ($17.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.68. Options: 24 managers hold calls ($229.7m notional), 16 hold puts ($104.7m).
Trends to Q1 2026
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 |
| Q4 2025 | 359 |
| Q1 2026 | 363 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 135 | 137 |
| Q3 2024 | 138 | 125 |
| Q4 2024 | 111 | 140 |
| Q1 2025 | 130 | 118 |
| Q2 2025 | 98 | 156 |
| Q3 2025 | 216 | 139 |
| Q4 2025 | 212 | 150 |
| Q1 2026 | 173 | 157 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $2.2m | $1.8m | 0.81 |
| Q3 2025 | $667.4m | $564.5m | 0.85 |
| Q4 2025 | $414.0m | $172.7m | 0.42 |
| Q1 2026 | $229.7m | $104.7m | 0.46 |
Biggest buyers
| MORGAN STANLEY | Added | +51.2m |
| Qube Research & Technologies Ltd | Added | +8.9m |
| MILLENNIUM MANAGEMENT LLC | Added | +6.0m |
| D. E. Shaw & Co., Inc. | Added | +4.8m |
| DIMENSIONAL FUND ADVISORS LP | Added | +4.5m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +3.2m |
| TWO SIGMA INVESTMENTS, LP | Added | +2.7m |
| Amundi | Added | +2.5m |
| GOLDMAN SACHS GROUP INC | Added | +2.4m |
| Trexquant Investment LP | Added | +2.3m |
Biggest sellers
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -27.5m |
| LENNAR CORP /NEW/ | Reduced | -5.3m |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -4.3m |
| TWO SIGMA ADVISERS, LP | Sold out | -3.3m |
| Jump Financial, LLC | Reduced | -1.3m |
| Connor, Clark & Lunn Investment Management Ltd. | Sold out | -885.7k |
| Marex Group Ltd | Reduced | -880.6k |
| Amundi | Sold out | -828.5k |
| BI Asset Management Fondsmaeglerselskab A/S | Sold out | -666.4k |
| SG Americas Securities, LLC | Reduced | -664.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $62.6m13.4m shares |
| CITADEL ADVISORS LLC | Reduced | $45.8m9.8m shares |
| GROUP ONE TRADING LLC | Reduced | $32.9m7.0m shares |
| JANE STREET GROUP, LLC | Added | $31.8m6.8m shares |
| IMC-Chicago, LLC | Reduced | $20.6m4.4m shares |
| D. E. Shaw & Co., Inc. | Reduced | $16.0m3.4m shares |
| SIMPLEX TRADING, LLC | Reduced | $8.5m2.8m shares |
| Walleye Trading LLC | Reduced | $6.0m1.3m shares |
| TORNO CAPITAL, LLC | Not comparable | $2.8m590.0k shares |
| PEAK6 LLC | Reduced | $488.1k104.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $37.9m8.1m shares |
| JANE STREET GROUP, LLC | Added | $22.7m4.9m shares |
| CITADEL ADVISORS LLC | Reduced | $22.6m4.8m shares |
| IMC-Chicago, LLC | Reduced | $8.9m1.9m shares |
| GROUP ONE TRADING LLC | Reduced | $4.3m913.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.7m1.1m shares |
| Walleye Trading LLC | Reduced | $1.5m321.2k shares |
| Tidal Investments LLC | Added | $1.1m239.0k shares |
| Walleye Capital LLC | Reduced | $537.7k114.9k shares |
| BANK OF MONTREAL /CAN/ | New | $461.9k98.7k 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 Q1 2026
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 |
|---|---|---|---|---|---|
| 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 |
| Q4 2025 | 1 | $1.0m | 1 | $584.2k | — |
| Q1 2026 | 0 | — | 1 | $320.8k | $320.8k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-02-17 | Schwartz Christina Chief Financial Officer | Sold plan | $320.8k74.2k 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.03% of their portfolio | 102.8m $481.0m | Added +51.2m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.02% of their portfolio | 70.1m $327.9m | First filing |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 35.5m $166.3m | First filing |
| BlackRock, Inc. 0.00% of their portfolio | 18.6m $87.2m | Added +729.1k |
| JANE STREET GROUP, LLC 0.07% of their portfolio | 14.7m $68.9m | Added +840.5k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 14.2m $66.5m | Reduced -144.6k |
| LENNAR CORP /NEW/ 98.94% of their portfolio | 13.5m $63.3m | Reduced -5.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 12.3m $57.7m | Added +717.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.09% of their portfolio | 11.8m $55.3m | Reduced -27.5m |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 11.2m $52.6m | Added +4.8m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 11.2m $52.6m | Reduced -453.5k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 10.8m $50.7m | Added +6.0m |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 10.2m $47.5m | Added +8.9m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 9.1m $42.5m | Added +4.5m |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 8.0m $37.6m | Added +411.8k |
| UBS Group AG 0.01% of their portfolio | 7.2m $33.6m | Added +1.7m |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 6.8m $31.7m | Added +2.7m |
| STATE STREET CORP 0.00% of their portfolio | 6.0m $28.0m | Reduced -210.4k |
| Marex Group Ltd 0.24% of their portfolio | 4.9m $23.1m | Reduced -880.6k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 4.9m $22.9m | First filing |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio | 4.3m $20.2m | Added +113.0k |
| Trexquant Investment LP 0.14% of their portfolio | 4.1m $19.0m | Added +2.3m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 3.9m $18.5m | Added +2.4m |
| HENNESSY ADVISORS INC 0.63% of their portfolio | 3.7m $17.5m | Reduced -390.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 3.3m $15.6m | Added +3.2m |
| Invesco Ltd. 0.00% of their portfolio | 3.1m $14.3m | Reduced -659.7k |
| IEQ CAPITAL, LLC 0.06% of their portfolio | 2.9m $13.8m | Unchanged |
| Amundi 0.00% of their portfolio | 2.6m $12.1m | Added +2.5m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.5m $11.8m | Added +598.6k |
| Graham Capital Management, L.P. 0.39% of their portfolio | 2.5m $11.6m | Reduced -293.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 2.3m $10.8m | Added +1.7m |
| CAPITAL FUND MANAGEMENT S.A. 0.09% of their portfolio | 2.3m $10.5m | New |
| LPL Financial LLC 0.00% of their portfolio | 2.1m $9.7m | Added +323.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.1m $9.2m | Added +1.6m |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.12% of their portfolio | 2.0m $9.5m | Added +403.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 1.9m $8.8m | Reduced -4.3m |
| Swiss National Bank 0.00% of their portfolio | 1.8m $8.4m | Added +7.5k |
| Alpine Fox Capital LLC 7.36% of their portfolio | 1.7m $7.8m | Added +1.6m |
| Brevan Howard Capital Management LP 0.08% of their portfolio | 1.6m $7.7m | Added +1.6m |
| Prentice Capital Management, LP 16.98% of their portfolio | 1.6m $7.5m | Added +1.1m |
| MARSHALL WACE, LLP 0.01% of their portfolio | 1.6m $7.4m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.5m $7.1m | Added +39.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.5m $6.9m | Reduced -130.6k |
| GF FUND MANAGEMENT CO. LTD. 0.10% of their portfolio | 1.3m $6.1m | Reduced -17.1k |
| Squarepoint Ops LLC 0.01% of their portfolio | 1.2m $5.5m | Added +1.1m |
| IMC-Chicago, LLC 0.07% of their portfolio | 1.0m $4.8m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 1.0m $4.7m | Added +192.3k |
| CAZ INVESTMENTS LP 4.92% of their portfolio | 872.5k $4.1m | Unchanged |
| Susquehanna Portfolio Strategies, LLC 0.05% of their portfolio | 712.6k $3.3m | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 664.2k $3.1m | Reduced -150.7k |
| Alight Capital Management LP 0.89% of their portfolio | 650.0k $3.0m | Added +450.0k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 640.8k $3.0m | Reduced -293.9k |
| INTACT INVESTMENT MANAGEMENT INC. 0.08% of their portfolio | 615.8k $2.9m | Added +441.4k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 600.1k $2.8m | First filing |
| FORA Capital, LLC 0.20% of their portfolio | 589.4k $2.8m | Reduced -505.7k |
| ALGERT GLOBAL LLC 0.04% of their portfolio | 587.7k $2.8m | Reduced -229.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 580.8k $2.7m | Reduced -70.3k |
| SIGNATUREFD, LLC 0.04% of their portfolio | 516.2k $2.4m | Reduced -67 |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 513.2k $2.4m | Added +96.0k |
| Faithward Advisors, LLC 0.43% of their portfolio | 504.6k $3.0m | Added +78.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 499.1k $2.3m | Added +133.4k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 483.6k $2.3m | Added +169.8k |
| NWAM LLC 0.12% of their portfolio | 440.5k $2.1m | Unchanged |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 430.0k $2.0m | Added +428.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 420.6k $2.0m | Added +5.6k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 397.2k $1.9m | Unchanged |
| Engineers Gate Manager LP 0.02% of their portfolio | 395.1k $1.8m | Reduced -235.2k |
| Clearline Capital LP 0.14% of their portfolio | 385.9k $1.8m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 344.8k $1.6m | Added +23.4k |
| Marathon Trading Investment Management LLC 0.47% of their portfolio | 341.2k $1.6m | Reduced -32.6k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 320.4k $1.5m | First filing |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 310.1k $1.5m | Added +13.5k |
| Hudson Bay Capital Management LP 0.01% of their portfolio | 283.2k $1.3m | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 282.1k $1.3m | Added +127.0k |
| Tidal Investments LLC 0.00% of their portfolio | 273.9k $1.3m | Added +31.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 272.8k $1.3m | Reduced -276 |
| SIMPLEX TRADING, LLC 0.03% of their portfolio | 269.1k $1.1m | Added +86.4k |
| Private Advisor Group, LLC 0.01% of their portfolio | 250.4k $1.2m | Reduced -267.2k |
| IPG Investment Advisors LLC 0.20% of their portfolio | 250.0k $1.2m | Unchanged |
| ARIZONA STATE RETIREMENT SYSTEM 0.01% of their portfolio | 248.9k $1.2m | Added +5.2k |
| SG Americas Securities, LLC 0.00% of their portfolio | 232.4k $1.1m | Reduced -664.4k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 226.8k $1.1m | Added +36.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 225.0k $1.1m | Added +40.8k |
| Vanguard Investments Australia, Ltd. 0.00% of their portfolio | 224.7k $1.1m | First filing |
| Cresset Asset Management, LLC 0.00% of their portfolio | 220.0k $1.0m | Reduced -761 |
| Handelsbanken Fonder AB 0.00% of their portfolio | 217.6k $1.0m | Unchanged |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 207.8k $972.5k | New |
| Caprock Group, LLC 0.02% of their portfolio | 201.1k $941.1k | Reduced -27.7k |
| KLP KAPITALFORVALTNING AS 0.00% of their portfolio | 199.4k $933.2k | Added +5.8k |
| Altshuler Shaham Ltd 0.02% of their portfolio | 198.6k $883.7k | Added +45.5k |
| Cetera Investment Advisers 0.00% of their portfolio | 194.1k $908.4k | Added +21.7k |
| XML Financial, LLC 0.07% of their portfolio | 175.0k $819.0k | Unchanged |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 166.9k $781.1k | Added +29 |
| Sigma Planning Corp 0.02% of their portfolio | 163.3k $764.2k | Reduced -3.0k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 160.6k $751.8k | Added +60.1k |
| ALLSTATE CORP 0.01% of their portfolio | 156.8k $733.8k | New |
| Man Group plc 0.00% of their portfolio | 155.4k $727.5k | Added +123.8k |
| BARCLAYS PLC 0.00% of their portfolio | 150.4k $704.0k | Added +91.5k |
| AlphaCore Capital LLC 0.02% of their portfolio | 149.3k $698.9k | Added +72.1k |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 149.3k $698.8k | Added +19.3k |