i3 Verticals
IIIV
70 hedge funds and large institutions have $152M invested in i3 Verticals in 2018 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 18 closing their positions.
111% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 18
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
72% more capital invested
Capital invested by funds: $88M → $152M (+$63.5M)
40% more funds holding
Funds holding: 50 → 70 (+20)
1.97% more ownership
Funds ownership: 70.67% → 72.64% (+2%)
Top Buyers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.58M |
| 2 |
BlackRock
New York
|
+$5.29M |
| 3 |
NC
Nicholas Company
Milwaukee,
Wisconsin
|
+$4.92M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$3.16M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.98M |
Top Sellers
| 1 |
Franklin Resources
San Mateo,
California
|
-$3.98M |
| 2 |
Morgan Stanley
New York
|
-$3.77M |
| 3 |
Neuberger Berman Group
New York
|
-$3.04M |
| 4 |
Millennium Management
New York
|
-$2.82M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Blackstone Inc
New York
| – | -$913K | -60,000 | Closed |
|
|
AAM
77
ACK Asset Management
Greenwich,
Connecticut
| – | -$685K | -50,000 | Closed |
|
|
MWNA
78
Marshall Wace North America
New York
| – | -$737K | -48,408 | Closed |
|
|
MS
79
Maven Securities
St Helier,
Jersey
| – | -$676K | -42,300 | Closed |
|
80
Wellington Management Group
Boston,
Massachusetts
| – | -$617K | -40,559 | Closed |
|
81
Ameriprise
Minneapolis,
Minnesota
| – | -$561K | -36,854 | Closed |
|
|
DIM
82
DC Investments Management
Mclean,
Virginia
| – | -$498K | -32,698 | Closed |
|
|
HI
83
HBK Investments
Dallas,
Texas
| – | -$457K | -30,000 | Closed |
|
|
CPIM
84
Columbia Partners Investment Management
Alexandria,
Virginia
| – | -$395K | -26,000 | Closed |
|
|
ZP
85
Zimmer Partners
New York
| – | -$198K | -13,000 | Closed |
|
86
Russell Investments Group
London,
United Kingdom
| – | -$149K | -9,836 | Closed |
|
|
PHK
87
Point72 Hong Kong
Hong Kong
| – | -$87K | -5,726 | Closed |
|
|
FIA
88
FNY Investment Advisers
New York
| – | -$8K | -550 | Closed |
|
IIIV Hedge Fund Activity: Q3 2018 in Review
70 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q3 2018, worth a combined $152M — up 72% from $88M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new IIIV positions and 18 closed out — a net gain of 20 holders — while 18 added to existing stakes and 10 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $7.58M. The largest seller was Franklin Resources, cutting an estimated $3.98M.
- 70 institutional investors held i3 Verticals (IIIV) as of Q3 2018, up from 50 in Q2 2018.
- Funds reported $152M of i3 Verticals stock for Q3 2018, up 72% quarter-over-quarter.
- 38 funds opened new i3 Verticals positions in Q3 2018 and 18 closed out, a net change of +20 holders.
- The largest i3 Verticals buyer in Q3 2018 was T. Rowe Price Associates, an estimated $7.58M added.
- The largest i3 Verticals seller in Q3 2018 was Franklin Resources, an estimated $3.98M sold.
Based on aggregated 13F filings for Q3 2018.