Opera Ltd (OPRA): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Opera Ltd (OPRA) following the 2026 Q1 hedge fund 13F filings?

As of today, OPRA has moved +5.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to -3.8% for the XLC sector ETF — an outperformance of +8.8%. Since the quarter end (March 31, 2026), OPRA gained +31.8% vs +0.7% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Opera Ltd (OPRA)

135 + Investors. Track Smart Money conviction in OPRA. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — OPRA

Based on 135 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds reduced or closed their OPRA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

📊

High ownership — 87% of 3.0Y peak

87% of all-time peak

135 funds currently hold this stock — 87% of the 3.0-year high of 156 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📉

Outflows — 8% fewer funds vs a year ago

fund count last 6Q

12 fewer hedge funds hold OPRA compared to a year ago (-8% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🟠

More sellers than buyers — 48% buying

68 buying75 selling

Last quarter: 75 funds reduced or exited vs 68 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

➡️

Steady new buyers — ~25 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 32 → 38 → 26 → 25. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

41% of holders stayed for 2+ years

■ 41% conviction (2yr+) ■ 30% medium ■ 29% new

56 out of 135 hedge funds have held OPRA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

📊

Peak discovery — momentum slowing

30 → 32 → 38 → 26 → 25 new funds/Q

New funds entering each quarter: 32 → 38 → 26 → 25. OPRA is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.

🏛️

Veteran-anchored — 53% veterans vs 28% newcomers

■ 53% veterans ■ 18% 1-2yr ■ 28% new

Entry-cohort mix of 148 holders: 79 (53%) are 2+ year veterans, 27 entered 1–2 years ago, and 42 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 31% AUM from major funds

31% from top-100 AUM funds

28 of 134 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

3.2

out of 10

Low Exit Risk

Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	135	141	-4.26%
13F Shares	16M	17M	-4.84%
Total Value	$241M	$243M	-0.65%
New Positions	25	26	-1
Increased Positions	42	44	-2
Closed Positions	31	41	-10
Reduced Positions	39	51	-12
Total Calls	7	7	-
Total Puts	7	7	-
PUT/CALL Ratio	1.0	1.0	Neutral

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

135

141

-4.26%

13F Shares

16M

17M

-4.84%

Total Value

$241M

$243M

-0.65%

New Positions

-1

Increased Positions

-2

Closed Positions

-10

Reduced Positions

-12

Total Calls

Total Puts

PUT/CALL Ratio

1.0

Neutral

Institutional Holders (2026 Q1)

135 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in OPRA. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 OPRA holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Worth Venture Partners, LLC	1.42%	31,405	$448K
2	Klein Pavlis & Peasley Financial, INC.	1.16%	146,851	$2.1M
3	Mlp3, LLC	0.96%	60,774	$867K
4	Point Nemo Capital, LLC	0.60%	64,330	$917K
5	Penn Capital Management Company, LLC	0.60%	544,638	$7.8M
6	Samalin Investment Counsel, LLC	0.41%	80,472	$1.1M
7	CDC Financial, Inc.	0.37%	41,000	$585K
8	Strategic Global Advisors, LLC	0.22%	98,310	$1.4M
9	Harvey Capital Management Inc	0.18%	55,775	$795K
10	Quinn Opportunity Partners LLC	0.16%	220,035	$3.1M
11	Redwood Wealth Management Group, LLC	0.15%	24,860	$355K
12	Schonfeld Strategic Advisors LLC	0.14%	1,431,213	$20.4M
13	Lind Value II ApS	0.14%	43,535	$621K
14	Seizert Capital Partners, LLC	0.10%	154,612	$2.2M
15	Shaker Investments LLC/Oh	0.08%	11,625	$166K
16	Tidal Investments LLC	0.07%	2,464,742	$35.1M
17	ExodusPoint Capital Management, LP	0.05%	437,965	$6.2M
18	Hennion & Walsh Asset Management, Inc.	0.05%	99,355	$1.4M
19	Baader Bank Aktiengesellschaft	0.05%	40,911	$579K
20	Numerai GP LLC	0.03%	23,489	$335K
21	Brooklyn Investment Group	0.03%	72,538	$1.0M
22	Trexquant Investment LP	0.03%	294,750	$4.2M
23	Calton & Associates, INC.	0.02%	10,200	$145K
24	Two Sigma Securities, LLC	0.02%	12,206	$174K
25	Quent Capital, LLC	0.02%	15,000	$214K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Opera Ltd (OPRA)

What does the Smart Money Trend signal show for OPRA?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their OPRA positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for OPRA?

More sellers than buyers — 48% buying: Last quarter: 75 funds reduced or exited vs 68 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for OPRA holders?

Strong quality — 31% AUM from major funds: 28 of 134 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held OPRA?

41% of holders stayed for 2+ years: 56 out of 135 hedge funds have held OPRA for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Opera Ltd (OPRA) following the 2026 Q1 hedge fund 13F filings?

As of today, OPRA has moved +5.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to -3.8% for the XLC sector ETF — an outperformance of +8.8%. Since the quarter end (March 31, 2026), OPRA has gained +31.8% vs +0.7% for XLC. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Opera Ltd (OPRA)

Smart Money Signals — OPRA

Selling streak — 2 quarters in a row

High ownership — 87% of 3.0Y peak

Outflows — 8% fewer funds vs a year ago

More sellers than buyers — 48% buying

Steady new buyers — ~25 new funds per quarter

41% of holders stayed for 2+ years

Peak discovery — momentum slowing

Veteran-anchored — 53% veterans vs 28% newcomers

Strong quality — 31% AUM from major funds

Institutional Sentiment Summary — OPRA

Hedge Fund Ownership: OPRA

Market Analysis: OPRA

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: OPRA

Is It Too Late to Buy Opera Ltd (OPRA) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: OPRA

Statistics: OPRA

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Opera Ltd (OPRA)

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