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BTRS

BTRS Holdings Inc. Class 1 Common Stock

Delisted

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.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

52% more capital invested

Capital invested by funds: $171M → $259M (+$88.3M)

15% less funds holding

Funds holding: 4740 (-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

Holders
40
Holders Change
-7
Holders Change %
-14.89%
% of All Funds
0.71%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.05%
New
32
Increased
1
Reduced
6
Closed
39
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TCM
1
TimesSquare Capital Management
New York
$34.5M +$27.3M +2,141,400 New
Select Equity Group
2
Select Equity Group
New York
$33M +$26M +2,043,104 New
SM
3
Senvest Management
New York
$21.4M +$16.9M +1,328,343 New
GIP
4
General Industrial Partners
United Kingdom
$18.8M +$14.9M +1,166,358 New
WHP
5
Washington Harbour Partners
Virginia
$18.2M +$14.3M +1,125,384 New
VEPM
6
Vista Equity Partners Management
California
$17.2M +$13.6M +1,066,034 New
PGM
7
Parian Global Management
New York
$17.1M +$13.5M +1,061,000 New
Point72 Asset Management
8
Point72 Asset Management
Connecticut
$13.9M +$10.9M +859,052 New
BlackRock
9
BlackRock
New York
$13.1M +$10.3M +810,980 New
William Blair Investment Management
10
William Blair Investment Management
Illinois
$11M +$8.71M +683,358 New
Millennium Management
11
Millennium Management
New York
$6.92M +$5.47M +429,094 New
CS
12
Credit Suisse
Switzerland
$6.65M -$1.75M -137,562 -25%
SCA
13
Southpoint Capital Advisors
New York
$5.97M +$4.72M +370,300 New
Balyasny Asset Management
14
Balyasny Asset Management
Illinois
$4.97M +$3.93M +308,090 New
MF
15
Magnetar Financial
Illinois
$3.66M +$2.9M +227,176 New
OCM
16
Oribel Capital Management
New York
$3.25M +$2.56M +201,200 New
Adage Capital Partners
17
Adage Capital Partners
Massachusetts
$3.23M +$2.55M +200,000 New
Holocene Advisors
18
Holocene Advisors
New York
$3.23M +$2.55M +200,000 New
New York State Common Retirement Fund
19
New York State Common Retirement Fund
New York
$3.13M +$2.47M +194,008 New
PFMOSF
20
Philadelphia Financial Management of San Francisco
California
$2.97M +$2.35M +184,198 New
SI
21
Stephens Inc
Arkansas
$2.35M +$1.86M +146,000 New
HI
22
HBK Investments
Texas
$2.13M -$5.96M -467,800 -78%
Marshall Wace
23
Marshall Wace
United Kingdom
$2.05M -$6.66M -522,889 -80%
HCM
24
Highline Capital Management
New York
$1.84M +$1.45M +114,000 New
OAC
25
OMERS Administration Corp
Ontario, Canada
$1.61M +$1.27M +100,000 New

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.