Oppenheimer (OPY)

Company Profile

with more than 3,500 investment professionals located throughout north america, the u.k., israel and asia, oppenheimer is one of the global leaders in the financial community. we provide the resources of a full-service global financial institution and the level of service normally associated with highly focused specialty firms, delivering knowledgeable sector specific, senior-level attention that leads to top quality advice and execution. we offer a broad range of financial services, including wealth management, investment banking and asset management to corporate clients, institutional investors, families and individuals. oppenheimer’s wealth management professionals provide private client services to high net worth individuals throughout the country. with a distribution network of approximately 1,400 financial advisors in over 90 branches, we are one of the largest independent u.s. investment banks on the basis of our number of registered representatives. our investment banking platf

Company profile

Ticker

OPY

Exchange

NYSE

Website

opco.com

CEO

Albert Grinsfelder Lowenthal

Incorporated

Delaware

Location

New York

Fiscal year end

Dec 31

Sector

Finance and Insurance > Investment Banking and Securities Dealing

Industry (SIC)

Security Brokers, Dealers & Flotation Companies

Goldman Sachs • Morgan Stanley • Nomura • Blackrock • Charles Schwab • Jefferies Financial • Interactive Brokers • Raymond James Financial • Jones Financial Companies LLLP • Navient ...

Former names

FAHNESTOCK VINER HOLDINGS INC

SEC CIK

0000791963

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Oppenheimer & Co. Inc. • E.A. Viner International Co. • Oppenheimer Asset Management Inc. • Oppenheimer Europe Ltd. ...

IRS number

980080034

OPY stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Oppenheimer Holdings Inc. Third Quarter 2023 Investor Update

30 Oct 23

8-K

Oppenheimer Holdings Inc. Reports Third Quarter 2023 Earnings

27 Oct 23

Departure of Directors or Certain Officers

25 Oct 23

8-K

Oppenheimer Holdings Inc. Second Quarter 2023 Investor Update

31 Jul 23

8-K

Oppenheimer Holdings Inc. Reports Second Quarter 2023 Earnings

28 Jul 23

Issuer tender offer statement (amended)

6 Jul 23

SC TO-I/A

Issuer tender offer statement (amended)

29 Jun 23

SC TO-I

Issuer tender offer statement

31 May 23

Latest ownership filings

View all

Annual report of employee stock purchases

Financial summary

Financial statements Chart OPY financial data

Quarter (USD)	Sep 23	Jun 23	Mar 23	Dec 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	56.72 mm	56.72 mm	56.72 mm	56.72 mm	56.72 mm	56.72 mm
Cash burn (monthly)	(no burn)	9.01 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	20.77 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	35.95 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	4.0	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Oppenheimer earnings reports.

Institutional ownership, Q2 2023

OPY institutional ownership history Ownership history

38.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	87	84	+3.6%
Opened positions	25	14	+78.6%
Closed positions	22	9	+144.4%
Increased positions	18	27	-33.3%
Reduced positions	29	31	-6.5%

13F shares	Current	Prev Q	Change
Total value	136.30 bn	143.68 bn	-5.1%
Total shares	3.99 mm	4.24 mm	-5.9%
Total puts	3.70 k	3.20 k	+15.6%
Total calls	1.00 k	5.80 k	-82.8%
Total put/call ratio	3.7	0.6	+570.6%

Largest owners	Shares	Value	Change
Dimensional Fund Advisors	519.85 k	$20.89 bn	-2.0%
JB Capital Partners	473.95 k	$19.04 bn	0.0%
Millennium Management	367.35 k	$14.76 bn	NEW
Greenwich Wealth Management	305.70 k	$12.28 mm	0.0%
Vanguard	286.03 k	$11.49 bn	-8.3%
BLK Blackrock	197.82 k	$7.95 bn	-67.1%
Aqr Capital Management	170.15 k	$6.84 bn	+7.0%
RBF Capital	166.90 k	$6.71 bn	NEW
Propp Morris	145.00 k	$7.27 mm	0.0%
Bridgeway Capital Management	83.28 k	$3.35 bn	+1.2%

Largest transactions	Shares	Bought/sold	Change
BLK Blackrock	197.82 k	-403.41 k	-67.1%
Millennium Management	367.35 k	+367.35 k	NEW
GS Goldman Sachs	23.88 k	-192.59 k	-89.0%
RBF Capital	166.90 k	+166.90 k	NEW
STT State Street	33.70 k	-126.69 k	-79.0%
Geode Capital Management	72.66 k	-71.32 k	-49.5%
NTRS Northern Trust	14.42 k	-48.94 k	-77.2%
PRU Prudential Financial	0.00	-45.80 k	EXIT
Los Angeles Capital Management & Equity Research	0.00	-44.65 k	EXIT
Renaissance Technologies	73.30 k	+36.70 k	+100.3%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

OPY insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Sep 23	Evan Behrens	Class A non-voting common stock	Sell	Dispose S	No	No	38.43	5,000	192.15 k	6,000
31 Aug 23	Evan Behrens	Class A non-voting common stock	Sell	Dispose S	No	No	38.28	5,000	191.40 k	11,000
31 Aug 23	Evan Behrens	Class A non-voting common stock	Sell	Dispose S	No	No	38.49	2,500	96.23 k	16,000
3 Mar 23	DENNIS P McNAMARA	Class A non-voting common stock	Sell	Dispose S	No	No	44.51	2,120	94.36 k	24,324
3 Mar 23	DENNIS P McNAMARA	Class A non-voting common stock	Sell	Dispose S	No	No	44.54	10,000	445.40 k	26,444
29 Jan 23	DENNIS P McNAMARA	Class A non-voting common stock	Other	Acquire J	No	No	0	2,081	0.00	36,444
29 Jan 23	DENNIS P McNAMARA	Restricted Class A non-voting common stock Class A non-voting common stock	Other	Dispose J	No	No	0	3,500	0.00	19,000
29 Jan 23	Robert S Lowenthal	Class A non-voting common stock	Other	Acquire J	No	No	0	2,978	0.00	63,538
29 Jan 23	Robert S Lowenthal	Restricted Class A non-voting common stock Class A non-voting common stock	Other	Dispose J	No	No	0	5,000	0.00	202,368