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$OPAL
$1.54 +$0.01 (0.65%) Close

Ownership

13F as of Q2 2026 · 29.6M shares outstanding

Who owns OPAL?

By type of holder
Institutions 57.7% Insiders 0.0% Everyone else 42.3%
Concentration Top 10 holders own 1513.6%
Mark Comora 490.3% · Fortistar LLC 490.1%
Institutional ownership
57.7%
+4.3 pts vs last qtr
Institutional holders
76
-3 vs last qtr
Net shares bought
+1.3M
by institutions in Q2 2026
New / sold out
10 / 13
positions opened vs closed

How is ownership changing?

Institutions, last 8 quarters

Biggest buyers in Q2 2026
  • Invesco Ltd. +866.1K
  • BlackRock, Inc. +155.5K

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Biggest sellers in Q2 2026
  • Citadel Advisors LLC SOLD OUT −164.1K
  • Susquehanna International Group, LLP SOLD OUT −86.2K

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Who is planning to sell?

No insider has filed a notice of proposed sale (Form 144) for Opal Fuels Inc. in the last 12 months.

Is your stake being diluted?

Diluted share count, FY2022–FY2025
+12.2%
+3.92% a year
Each share's claim on the business
−10.9%
shrank without buying or selling a share
Spent on buybacks vs paid in stock
— vs $20.3M
over 4 fiscal years
Diluted shares, split-adjusted
25.3M27.4M29.5M2022: 26.1M shares'222023: 27.5M shares'232024: 27.7M shares'242025: 29.3M shares'25
Buybacks Stock-based comp
$0$3.2M$6.5M2022 buybacks: $02022 stock comp: $1.5M'222023 buybacks: $02023 stock comp: $5.9M'232024 buybacks: $02024 stock comp: $6.5M'242025 buybacks: $02025 stock comp: $6.5M'25

How patient are the owners?

Institutional shares by how long they've been held
5+ years0% 3–5 years60% 1–3 years33% Under 1 year8%
Quarterly turnover
7.4%
of institutional shares changed hands
Top 10 managers, median time held
3.8 years

Super Investors

Investment managers reporting OPAL on Form 13F
I
Invesco Ltd.
Shares
4.1M
% of company
13.76%
Change vs last qtr
+866.1K (+27.0%)
Held since
2023
AM
Ares Management LLC
Shares
3.1M
% of company
10.32%
Change vs last qtr
Unchanged
Held since
2022

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Institutional Funds

Mutual funds and ETFs reporting OPAL on Form N-PORT; together they hold 24.4% of the company
IW
Invesco Exchange-Traded Fund Trust
Position value
$9.95M
% of company
14.28%
% of the fund
2.37%
As of
July 31, 2026
VT
Position value
$1.6M
% of company
2.46%
% of the fund
0.00%
As of
June 30, 2026

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Insiders and 5%+ holders

From Forms 3/4/5 and Schedules 13D/G
MC
Mark Comora
5%+ holder13D · 84.2%
Shares
145.3M
% of company
490.32%
Change vs last qtr
—
Held since
—
F
Fortistar LLC
5%+ holder13D · 84.2%
Shares
145.3M
% of company
490.13%
Change vs last qtr
—
Held since
—

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