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i3 Verticals

96 hedge funds and large institutions have $287M invested in i3 Verticals in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more call options, than puts

Call options by funds: $2.05M | Put options by funds: $1.13M

21% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 29

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

11.71% more ownership

Funds ownership: 91.66%103.37% (+12%)

0% more funds holding

Funds holding: 9696 (0)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

23% less capital invested

Capital invested by funds: $375M → $287M (-$88M)

Holders
96
Holders Change
Holders Change %
0%
% of All Funds
2.12%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
20
Increased
35
Reduced
29
Closed
17
Calls
$2.05M
Puts
$1.13M
Net Calls
+$917K
Net Calls Change
+$270K
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
26
Wells Fargo
California
$3.21M +$4.1M +145,740 +645%
Millennium Management
27
Millennium Management
New York
$3.02M -$1.43M -50,812 -24%
EMG
28
ETF Managers Group
New Jersey
$2.87M -$491K -17,445 -11%
AIA
29
Avalon Investment & Advisory
Texas
$2.75M +$4.06M +144,061 New
Dimensional Fund Advisors
30
Dimensional Fund Advisors
Texas
$2.4M +$93.6K +3,324 +3%
Victory Capital Management
31
Victory Capital Management
Texas
$2.32M +$996K +35,393 +41%
TA
32
Teton Advisors
New York
$2.22M +$366K +13,000 +13%
Stifel Financial
33
Stifel Financial
Missouri
$1.75M -$11.1K -396 -0.4%
WB
34
WesBanco Bank
West Virginia
$1.71M
KCM
35
Kornitzer Capital Management
Kansas
$1.53M
Renaissance Technologies
36
Renaissance Technologies
New York
$1.42M +$1.66M +59,100 +386%
N
37
Nuveen
North Carolina
$1.19M +$135K +4,787 +8%
TAM
38
THB Asset Management
Connecticut
$1.16M -$179K -6,371 -10%
Ameriprise
39
Ameriprise
Minnesota
$1.05M +$1.55M +55,127 New
GC
40
Globeflex Capital
California
$1.02M -$798K -28,348 -35%
Wellington Management Group
41
Wellington Management Group
Massachusetts
$996K +$1.47M +52,200 New
Two Sigma Advisers
42
Two Sigma Advisers
New York
$905K +$11.3K +400 +0.9%
D.E. Shaw & Co
43
D.E. Shaw & Co
New York
$827K -$1.41M -50,259 -54%
Bank of America
44
Bank of America
North Carolina
$804K +$855K +30,377 +258%
CM
45
Caption Management
Oklahoma
$716K +$1.06M +37,500 New
Charles Schwab
46
Charles Schwab
California
$714K +$7.01K +249 +0.7%
BCM
47
BlueCrest Capital Management
Jersey
$656K +$967K +34,340 New
California Public Employees Retirement System
48
California Public Employees Retirement System
California
$617K +$287K +10,200 +46%
MPAM
49
Monarch Partners Asset Management
Massachusetts
$607K -$224K -7,955 -20%
ECA
50
Endeavour Capital Advisors
Connecticut
$513K -$4.58M -162,859 -86%

IIIV Hedge Fund Activity: Q1 2020 in Review

96 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q1 2020, worth a combined $287M — down 23% from $375M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new IIIV positions and 17 closed out — a net gain of 3 holders — while 35 added to existing stakes and 29 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $21.7M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $10.1M sold.

  • 96 institutional investors held i3 Verticals (IIIV) as of Q1 2020, unchanged from Q4 2019.
  • Funds reported $287M of i3 Verticals stock for Q1 2020, down 23% quarter-over-quarter.
  • 20 funds opened new i3 Verticals positions in Q1 2020 and 17 closed out, a net change of +3 holders.
  • The largest i3 Verticals buyer in Q1 2020 was JP Morgan Chase, an estimated $21.7M added.
  • The largest i3 Verticals seller in Q1 2020 was Lord, Abbett & Co, an estimated $10.1M sold.

Based on aggregated 13F filings for Q1 2020.