The cluster shows coordinated trimming by three asset managers, each cutting roughly half their position. This suggests a shared negative view, though the $1.1M total is small relative to the $333M market cap. Insider buying of $2.9M adds a bullish counterpoint. Monitor next 10-Q for any fundamental deterioration that might explain the selling.
How the stock moved after the report
⚠ Clustered NEUTRAL VIEWSTOCK BELOW ENTRY AT T+1- T+0 · Nov 4 $0.6903entry
- T+1 · 5d ago −17.50%α −13.09% · $0.5695
- T+4 · todayOpen
- T+5 · in 13h Pending
- T+20 · in 23d Pending
- T+60 · in 3mo Pending
How similar events traded
Executive Summary
Three institutional sellers (Mackenzie Financial, Wolverine Asset Management, Dimensional Fund Advisors) trimmed OPTU positions by a combined $1.1M in Q3, while two small asset managers added modestly. The cluster is mixed but net negative in dollar terms, with selling concentrated among larger holders. Insider buying of $2.9M provides some counterweight, but the overall institutional signal is cautious.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$1.1M
▲ Buyers (2)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Creative Planning | ADD | +34.6% | $136.0K | -$12.0K |
| Farther Finance Advisors | ADD | +93.2% | $5.0K | $1.0K |
▼ Sellers (3)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Mackenzie Financial | TRIM | -48.6% | $160.0K | -$104.0K |
| Wolverine Asset Management | TRIM | -48.6% | $689.0K | -$448.0K |
| Dimensional Fund Advisors | TRIM | -48.6% | $830.0K | -$539.0K |
Key Facts
- 3 institutional sellers reduced positions by a combined $1.1M in Q3
- 2 small asset managers added $11K net, mostly offset by selling
- Wolverine Asset Management trimmed 48.6% of its position, selling $448K
- Dimensional Fund Advisors trimmed 48.6%, selling $539K
- Mackenzie Financial trimmed 48.6%, selling $104K
- Insider buying of $2.9M (1 open-market buyer) provides some positive signal
- 13F data is 45+ days stale; positions may have changed since quarter-end
Financial Impact
Institutional sellers reduced holdings by $1.1M total; buyers added $11K net. Insider buying of $2.9M partially offsets the selling signal.
Risk Factors
- 13F data is stale (45+ day lag); positions may have been reversed since quarter-end
- Small sample size (2 buyers, 3 sellers) limits statistical significance
- All three sellers trimmed by the same 48.6% percentage, suggesting possible systematic rebalancing rather than a fundamental thesis change
- Insider buying of $2.9M could be pre-planned or non-discretionary
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-OPTU-2026-Q3 |
Track record
15 reports on OPTU
2 of 3 bullish or bearish reports moved the stock their way by T+5. Best: +26.40% at T+20 after the Sep 21, 2026 report. 3 of 6 went positive at some point.
Filters
- Nov 6, 20264d ago 10-Q/A Bearish 7/10 Entry $0.7521 settles Nov 13
- Nov 6, 20264d ago 10-Q/A / 10-K/A Bearish 6/10 Entry $0.7521 settles Nov 13
- Nov 6, 20264d ago 10-K/A Bearish 7/10 Entry $0.7521 settles Nov 13
- Nov 5, 20265d ago 3 Neutral 2/10 Entry $0.7521 settles Nov 13
- Nov 5, 20265d ago 3 Neutral 1/10 Entry $0.7521 settles Nov 13
- Nov 4, 20266d ago Institutional Cluster Neutral 3/10 Viewing Entry $0.6903 settles Nov 11
- Nov 3, 20267d ago 8-K Neutral 3/10 Entry $0.6903 settles Nov 11
- Oct 26, 202614d ago SC 13G/A Neutral 3/10 Entry $0.6075 to $0.6750 ▲ +11.11% +13.10% vs SPY
- Oct 9, 20264w ago 3 Neutral 2/10 Entry $0.9690 to $0.9029 ▼ −6.82% −5.33% vs SPY
- Oct 9, 20264w ago 3/A Neutral 2/10 Entry $0.9690 to $0.9030 ▼ −6.81% −5.32% vs SPY
US Market Status
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