BTRS Holdings Inc. Class 1 Common Stock
BTRS
BTRS was delisted on the 15th of December, 2022.
40 hedge funds and large institutions have $259M invested in BTRS Holdings Inc. Class 1 Common Stock in 2020 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 39 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
52% more capital invested
Capital invested by funds: $171M → $259M (+$88.3M)
15% less funds holding
Funds holding: 47 → 40 (-7)
18% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 39
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$27.3M |
| 2 |
Select Equity Group
New York
|
+$26M |
| 3 |
SM
Senvest Management
New York
|
+$16.9M |
| 4 |
GIP
General Industrial Partners
London,
United Kingdom
|
+$14.9M |
| 5 |
VEPM
Vista Equity Partners Management
San Francisco,
California
|
+$13.6M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$254K | -24,260 | Closed |
|
|
VCM
77
Vivaldi Capital Management
Chicago,
Illinois
| – | -$209K | -19,970 | Closed |
|
|
KJHP
78
K.J. Harrison & Partners
Toronto,
Ontario, Canada
| – | -$105K | -10,000 | Closed |
|
|
PAM
79
Panagora Asset Management
Boston,
Massachusetts
| – | -$58K | -5,546 | Closed |
|
BTRS Hedge Fund Activity: Q4 2020 in Review
40 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in BTRS Holdings Inc. Class 1 Common Stock (BTRS) for Q4 2020, worth a combined $259M — up 52% from $171M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of BTRS and 32 opened new positions — a net loss of 7 holders — while 6 trimmed existing stakes and 1 added.
The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $27.3M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $21.2M sold.
- 40 institutional investors held BTRS Holdings Inc. Class 1 Common Stock (BTRS) as of Q4 2020, down from 47 in Q3 2020.
- Funds reported $259M of BTRS Holdings Inc. Class 1 Common Stock stock for Q4 2020, up 52% quarter-over-quarter.
- 32 funds opened new BTRS Holdings Inc. Class 1 Common Stock positions in Q4 2020 and 39 closed out, a net change of -7 holders.
- The largest BTRS Holdings Inc. Class 1 Common Stock buyer in Q4 2020 was TimesSquare Capital Management, an estimated $27.3M added.
- The largest BTRS Holdings Inc. Class 1 Common Stock seller in Q4 2020 was Polar Asset Management Partners, an estimated $21.2M sold.
Based on aggregated 13F filings for Q4 2020.