Opendoor Technologies Inc. (OPEN): Morgan Stanley discloses 11.5% equity stake

Rhea-AI Filing Summary

Morgan Stanley and its affiliate Morgan Stanley Investment Management Inc. report significant passive ownership positions in Opendoor Technologies Inc. common stock as of 06/30/2026. Morgan Stanley reports beneficial ownership of 111,627,421 shares, while Morgan Stanley Investment Management Inc. reports 111,150,363 shares.

Each reporting person indicates beneficial ownership of 11.5% of Opendoor’s outstanding common stock, with no sole voting or dispositive power. Morgan Stanley reports 106,465,634 shares with shared voting power and 111,627,421 shares with shared dispositive power; Morgan Stanley Investment Management Inc. reports 106,060,014 and 111,150,363 shares, respectively.

Key Figures

Morgan Stanley beneficial ownership: 111,627,421 shares MSIM beneficial ownership: 111,150,363 shares Morgan Stanley shared voting power: 106,465,634 shares +3 more

6 metrics

Morgan Stanley beneficial ownership 111,627,421 shares Opendoor common stock beneficially owned by Morgan Stanley as of 06/30/2026

MSIM beneficial ownership 111,150,363 shares Opendoor common stock beneficially owned by Morgan Stanley Investment Management Inc.

Morgan Stanley shared voting power 106,465,634 shares Opendoor shares over which Morgan Stanley has shared voting power

MSIM shared voting power 106,060,014 shares Opendoor shares over which Morgan Stanley Investment Management Inc. has shared voting power

Percent of class 11.5% Reported ownership percentage of Opendoor common stock for each reporting person

Report date reference 06/30/2026 Date as of which Opendoor ownership information is reported

Key Terms

beneficially owned, shared voting power, shared dispositive power, parent holding company, +1 more

5 terms

beneficially owned financial

"this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

shared voting power financial

"6 | Shared Voting Power 106,465,634.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power financial

"8 | Shared Dispositive Power 111,627,421.00"

parent holding company regulatory

"If a parent holding company has filed this schedule, pursuant to (ii)(G)"

investment adviser (IA) financial

"Morgan Stanley Investment Management Inc. ... 12 IA,"

An investment adviser (IA) is a person or firm that provides personalized guidance on buying, selling, or holding investments and often manages client portfolios for a fee. Investors should care because an IA has a legal duty to act in the client's best interest—think of them as a navigator who plans and steers your financial journey—so their advice, fee structure and potential conflicts can directly affect returns and financial risk.

FAQ

What stake in Opendoor Technologies Inc. (OPEN) does Morgan Stanley report?

Morgan Stanley reports beneficial ownership of 111,627,421 Opendoor common shares, representing 11.5% of the class. This position is held with no sole voting power and entirely through shared voting and dispositive authority with affiliated entities.

How many Opendoor (OPEN) shares does Morgan Stanley Investment Management Inc. hold?

Morgan Stanley Investment Management Inc. reports beneficial ownership of 111,150,363 Opendoor common shares, or 11.5% of the class. It has shared voting power over 106,060,014 shares and shared dispositive power over all 111,150,363 shares.

What voting power does Morgan Stanley disclose over Opendoor (OPEN) shares?

Morgan Stanley discloses 0 shares with sole voting power and 106,465,634 shares with shared voting power in Opendoor. All 111,627,421 beneficially owned shares are subject to shared dispositive power, indicating joint control over decisions to sell or transfer.

Is Morgan Stanley’s Opendoor (OPEN) ownership classified as passive or controlling?

The ownership is reported under a Schedule 13G, which is generally used for passive positions rather than control-focused stakes. The classification codes identify Morgan Stanley as a holding company (HC) and its affiliate as an investment adviser (IA).

What entities within Morgan Stanley group are associated with this Opendoor (OPEN) stake?

The position is attributed to certain operating units of Morgan Stanley and Morgan Stanley Investment Management Inc.. The disclosure notes that other Morgan Stanley units with disaggregated ownership, if any, are not included in these reported figures under the SEC’s disaggregation guidance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/13/2026 - 03:40 PM Accepted by SEC EDGAR 08/13/2026 - 03:39 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Opendoor Technologies Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

683712103

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 683712103

1

Names of Reporting Persons

Morgan Stanley

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 106,465,634.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 111,627,421.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

111,627,421.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

11.5 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

CUSIP Number(s): 683712103

1

Names of Reporting Persons

Morgan Stanley Investment Management Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 106,060,014.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 111,150,363.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

111,150,363.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

11.5 %

12

Type of Reporting Person (See Instructions)

IA, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Opendoor Technologies Inc.
(b)	Address of issuer's principal executive offices: 410 N. SCOTTSDALE ROAD, SUITE 1000, TEMPE, AZ, 85288
Item 2.
(a)	Name of person filing: 1: Morgan Stanley 2: Morgan Stanley Investment Management Inc.
(b)	Address or principal business office or, if none, residence: 1: 1585 Broadway, New York, NY 10036 ;2: 1585 Broadway New York, NY 10036
(c)	Citizenship: 1: Delaware 2: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 683712103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: 11.5 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99.2
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. * In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Morgan Stanley

Signature:	Claire Gordon
Name/Title:	Authorized Signatory, Morgan Stanley
Date:	08/13/2026

Morgan Stanley Investment Management Inc.

Signature:	Deidre A. Downes
Name/Title:	Authorized Signatory, Morgan Stanley Investment Management Inc.
Date:	08/13/2026

Exhibit Information

EXHIBIT NO. EXHIBITS ------------------ ------------------------------------ 99.1 Joint Filing Agreement 99.2 Item 7 Information * Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).