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i3 Verticals

105 hedge funds and large institutions have $468M invested in i3 Verticals in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 51 increasing their positions, 31 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

65% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 31

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

9% less call options, than puts

Call options by funds: $1.65M | Put options by funds: $1.82M

2.81% less ownership

Funds ownership: 90.64%87.83% (-2.8%)

9% less funds holding

Funds holding: 116105 (-11)

22% less capital invested

Capital invested by funds: $601M → $468M (-$133M)

65% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 17

Holders
105
Holders Change
-11
Holders Change %
-9.48%
% of All Funds
1.84%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
51
Reduced
31
Closed
17
Calls
$1.65M
Puts
$1.82M
Net Calls
-$173K
Net Calls Change
-$1.56M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$4.62M -$883K -30,598 -14%
Russell Investments Group
27
Russell Investments Group
United Kingdom
$4.61M -$38.6K -1,339 -0.7%
Ameriprise
28
Ameriprise
Minnesota
$4.53M +$146K +5,065 +3%
EMG
29
ETF Managers Group
New Jersey
$4.28M -$407K -14,091 -8%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$3.17M +$273K +9,468 +8%
Marshall Wace
31
Marshall Wace
United Kingdom
$3.14M +$1.56M +54,131 +72%
Citadel Advisors
32
Citadel Advisors
Florida
$2.98M +$2.68M +92,887 +309%
GI
33
GAMCO Investors
Connecticut
$2.81M +$702K +24,345 +27%
AIA
34
Avalon Investment & Advisory
Texas
$2.72M +$34.6K +1,199 +1%
TA
35
Teton Advisors
New York
$2.52M
PCM
36
Penn Capital Management
Pennsylvania
$2.5M +$1.18M +40,729 +65%
KCM
37
Kornitzer Capital Management
Kansas
$2.18M +$346K +12,000 +15%
WB
38
WesBanco Bank
West Virginia
$2.17M
Stifel Financial
39
Stifel Financial
Missouri
$2M
HFA
40
Harbert Fund Advisors
Alabama
$1.98M
Goldman Sachs
41
Goldman Sachs
New York
$1.86M +$1.99M +68,925 +859%
RJA
42
Raymond James & Associates
Florida
$1.81M -$35.2K -1,220 -2%
N
43
Nuveen
North Carolina
$1.78M +$187K +6,496 +10%
CCA
44
Conestoga Capital Advisors
Pennsylvania
$1.63M +$240K +8,325 +14%
RJFSA
45
Raymond James Financial Services Advisors
Florida
$1.5M +$210K +7,291 +13%
SCC
46
Second Curve Capital
Pennsylvania
$1.45M
Renaissance Technologies
47
Renaissance Technologies
New York
$1.37M +$649K +22,500 +66%
Charles Schwab
48
Charles Schwab
California
$1.33M +$63.1K +2,188 +4%
Squarepoint
49
Squarepoint
New York
$1.24M +$624K +21,618 +73%
TA
50
Tiedemann Advisors
New York
$1.22M

IIIV Hedge Fund Activity: Q3 2021 in Review

105 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q3 2021, worth a combined $468M — down 22% from $601M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of IIIV and 6 opened new positions — a net loss of 11 holders — while 31 trimmed existing stakes and 51 added.

The largest buyer was Citadel Advisors, adding an estimated $2.68M. The largest seller was American Century Companies, cutting an estimated $18.7M.

  • 105 institutional investors held i3 Verticals (IIIV) as of Q3 2021, down from 116 in Q2 2021.
  • Funds reported $468M of i3 Verticals stock for Q3 2021, down 22% quarter-over-quarter.
  • 6 funds opened new i3 Verticals positions in Q3 2021 and 17 closed out, a net change of -11 holders.
  • The largest i3 Verticals buyer in Q3 2021 was Citadel Advisors, an estimated $2.68M added.
  • The largest i3 Verticals seller in Q3 2021 was American Century Companies, an estimated $18.7M sold.

Based on aggregated 13F filings for Q3 2021.