The ODP Corporation

ODP • NASDAQ

The ODP Corporation is a specialty retail company in the consumer cyclical sector on NASDAQ, led by Gerry P. Smith, with a market cap of $843.3M. As of Q3 2025, 97% of shares are held by 206 institutional investors, with BlackRock, Inc. as the largest holder at 8.44%.

Chief Executive OfficerGerry P. Smith

Market Cap$843.3M

Specialty Retail

Consumer Cyclical

Employees25.0K

Websiteofficedepot.com

Country

United States of America

Overview

Overview of institutional ownership in ODP as of Q3 2025 with a market cap of $838.8M

All Institutions

Institutions: 206
Value Held: $811.1M
Shares Held: 29.1M
Avg Position: $3.9M
Median Position: $565.0K

Hedge Funds

Hedge Funds: 34
Value Held: $158.3M
Shares Held: 5.7M
Avg Position: $4.7M
Median Position: $2.1M

Ownership Breakdown

Institutional (non-HF)

77.83%

$652.8M

Hedge Funds

18.87%

$158.3M

Retail & Other

3.29%

$27.6M

Based on market cap of $838.8M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ODP as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$70.8M 0.00% of portfolio	8.44% 2.5M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$51.8M 0.01% of portfolio	6.18% 1.9M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$49.7M 0.00% of portfolio	5.92% 1.8M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
D D. E. Shaw & Co., Inc. Institution	-	$35.3M 0.03% of portfolio	4.21% 1.3M shares	Q3 2022 Held for 3y 2m	$115.81B
L LSV ASSET MANAGEMENT Long Only Manager	Josef Nmn Lakonishok CEO	$30.9M 0.07% of portfolio	3.68% 1.1M shares	Q4 2016 Held for 8y 11m	$45.1B
A AMERICAN CENTURY COMPANIES INC Institution	-	$30.8M 0.02% of portfolio	3.67% 1.1M shares	Q4 2019 Held for 5y 11m	$195.93B
A Allianz Asset Management AG Institution	-	$28.7M 0.04% of portfolio	3.43% 1.0M shares	Q2 2022 Held for 3y 5m	$80.9B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$27.0M 0.00% of portfolio	3.22% 970.6K shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
N Neuberger Berman Group LLC Institution	-	$26.4M 0.02% of portfolio	3.15% 948.3K shares	Q4 2013 Held for 11y 11m	$136.94B
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dmitry Balyasny CIO	$23.6M 0.05% of portfolio	2.81% 846.8K shares	Q1 2025 Held for 8 months	$48.1B

Net Capital Flow

Institutional buying and selling activity for ODP in Q3 2025

Traded: −$24.5M
Buyers: 103
Sellers: 100
Total Bought: +$157.9M
Total Sold: −$182.4M
Avg Position: $3.4M

Biggest Buyers

Institution	Net Bought	Current Position
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$21.4M +769.0K shares	$23.6M 846.8K shares
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	+$18.4M +661.4K shares	$18.4M 661.4K shares
ARP AMERICAS LLC Hedge Fund•Multi-Strategy	+$14.3M +511.8K shares	$14.3M 511.8K shares
ALLIANCEBERNSTEIN L.P. Long Only Manager	+$13.6M +489.8K shares	$14.4M 515.9K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	+$6.7M +241.1K shares	$14.2M 511.4K shares
P Pacer Advisors, Inc. Institution	+$5.7M +205.1K shares	$5.7M 205.1K shares
A Allianz Asset Management AG Institution	+$5.0M +180.3K shares	$28.7M 1.0M shares
CNH PARTNERS LLC Hedge Fund•Multi-Strategy	+$5.0M +180.3K shares	$5.0M 180.3K shares
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy	+$4.8M +173.6K shares	$5.2M 186.1K shares
Q Qube Research & Technologies Ltd Institution	+$4.5M +163.4K shares	$4.5M 163.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	−$26.9M −967.1K shares	$2.8M 99.3K shares
FINDELL CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	−$21.5M −771.0K shares	$14.9M 534.0K shares
L LSV ASSET MANAGEMENT Long Only Manager	−$8.8M −314.7K shares	$30.9M 1.1M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$8.6M −307.7K shares	$6.8M 243.2K shares
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds	−$8.1M −289.1K shares	$8.0M 289.0K shares
VANGUARD GROUP INC Institution	−$7.6M −273.9K shares	$49.7M 1.8M shares
C Cubist Systematic Strategies, LLC Institution	−$6.6M −238.7K shares	$888.6K 31.9K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$6.5M −231.7K shares	$3.1M 110.0K shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	−$6.1M −219.6K shares	$4.1M 147.3K shares
D D. E. Shaw & Co., Inc. Institution	−$5.7M −205.9K shares	$35.3M 1.3M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ODP in Q3 2025

New Positions: 12
New Value: $8.7M
Exited Positions: 35
Exited Value: $24.3M

New Positions

Institution	Position Value
Decagon Asset Management LLP Hedge Fund•Event Driven	$2.6M 95.0K shares
Groupe la Francaise Fund of Funds	$1.7M 59.8K shares
C CREDIT INDUSTRIEL ET COMMERCIAL Institution	$1.1M 40.2K shares
Burren Capital Advisors Ltd Hedge Fund•Event Driven	$973.5K 35.0K shares
B BCK CAPITAL MANAGEMENT LP Hedge Fund•Event Driven	$697.4K 25.0K shares
R Rangeley Capital, LLC Hedge Fund•Event Driven	$427.1K 15.3K shares
F FIFTH LANE CAPITAL, LP Institution	$417.8K 15.0K shares
IEQ CAPITAL, LLC RIA/Wealth	$256.5K 9.2K shares
P PACES FERRY WEALTH ADVISORS, LLC RIA/Wealth	$255.6K 9.2K shares
GLAZER CAPITAL, LLC Hedge Fund•Multi-Strategy	$204.6K 7.3K shares

Exited Positions

Institution	Previous Position
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	$3.4M 185.9K shares
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Market Neutral	$3.0M 163.6K shares
C CAXTON ASSOCIATES LLP Institution	$2.4M 132.5K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	$2.0M 109.1K shares
Trexquant Investment LP Hedge Fund•Quant	$1.8M 98.6K shares
MACKENZIE FINANCIAL CORP Long Only Manager	$1.6M 87.2K shares
Jackson Creek Investment Advisors LLC Long Only Manager	$1.4M 78.9K shares
THOMPSON SIEGEL & WALMSLEY LLC Long Only Manager	$1.4M 78.0K shares
F FOX RUN MANAGEMENT, L.L.C. Hedge Fund•Quant	$961.4K 53.0K shares
X XTX Topco Ltd Institution	$912.9K 50.4K shares

Options Activity

Institutions with the largest Call and Put options positions in ODP as of Q3 2025

Call Positions: 6
Call Value: $4.5M
Put Positions: 6
Put Value: $2.3M

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$1.5M 530.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$988.7K 355.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	$721.3K 259.0 contracts
D DRW Securities, LLC Institution	$541.1K 195.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$401.0K 144.0 contracts
Walleye Trading LLC RIA/Wealth	$339.8K 122.0 contracts

Put Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$715.7K 257.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$615.5K 221.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$568.1K 204.0 contracts
Walleye Trading LLC RIA/Wealth	$228.4K 82.0 contracts
W WOLVERINE TRADING, LLC Institution	$203.5K 73.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

Institutions with ODP as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
FINDELL CAPITAL MANAGEMENT LLC Hedge Fund•Event Driven	Ryan Bradley Voerg CFO	6.90% $14.9M	1.77% 534.0K shares	Q4 2024 Held for 11 months	$215.6M
S Solas Capital Management, LLC Hedge Fund•Long/Short	Frederick Tucker Golden CIO	4.49% $7.4M	0.88% 264.1K shares	Q2 2025 Held for 5 months	$163.8M
AREX Capital Management, LP Hedge Fund•Value	Andrew Victor Rechtschaffen Managing Partner	3.53% $1.5M	0.18% 55.0K shares	Q3 2021 Held for 4y 2m	$43.4M
A Atlas FRM LLC Institution	-	3.14% $21.9M	2.61% 785.2K shares	Q4 2024 Held for 11 months	$696.0M
Burren Capital Advisors Ltd Hedge Fund•Event Driven	Andrew Thomas Mcgrath Director	2.95% $973.5K	0.12% 35.0K shares	Q3 2025 Held for 2 months	$33.0M
ARP AMERICAS LLC Hedge Fund•Multi-Strategy	Ludger (Nmn) Hentschel President	2.62% $14.3M	1.70% 511.8K shares	Q3 2025 Held for 2 months	$544.4M
Decagon Asset Management LLP Hedge Fund•Event Driven	Benjamin John Durham CEO	1.57% $2.6M	0.32% 95.0K shares	Q3 2025 Held for 2 months	$169.1M
M Mork Capital Management Institution	-	1.44% $2.1M	0.25% 75.0K shares	Q2 2024 Held for 1y 5m	$145.1M
B BCK CAPITAL MANAGEMENT LP Hedge Fund•Event Driven	Wayne Wei-Yin Yu CEO	0.80% $697.4K	0.08% 25.0K shares	Q3 2025 Held for 2 months	$86.9M
SummerHaven Investment Management, LLC Long Only Manager	Kurt Jonathon Nelson CEO	0.74% $1.3M	0.15% 45.6K shares	Q3 2021 Held for 4y 2m	$170.9M

Hedge Fund Spotlight

Discover hedge funds investing in ODP

Divisadero Street Capital Management, LP

Hedge Fund • Long/Short

Portfolio ManagerWilliam Zolezzi

Portfolio Value: $2.1B
Positions: 163
Last Reported: Q3 2025

Sector Allocation

Position in The ODP Corporation

Market Value: $1.9M
Shares Held: 68.3K
Portfolio Weight: 0.09%
Owned Since: 2024-Q4

Top Holding	Sector	Market Value	Weight
1 Dave, Inc. DAVE	Software - Application Technology	$184.5M	8.63%
2 Super Group Limited SGHC	Gambling, Resorts & Casinos Consumer Cyclical	$129.8M	6.07%
3 Sezzle SEZL	Financial - Credit Services Financial Services	$118.9M	5.56%