i3 Verticals
IIIV
118 hedge funds and large institutions have $455M invested in i3 Verticals in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 37 increasing their positions, 40 reducing their positions, and 9 closing their positions.
728% more call options, than puts
Call options by funds: $2.97M | Put options by funds: $359K
233% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 9
22% more funds holding
Funds holding: 97 → 118 (+21)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less capital invested
Capital invested by funds: $469M → $455M (-$14.4M)
8% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 40
3.35% less ownership
Funds ownership: 103.28% → 99.93% (-3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$17.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$15.3M |
| 3 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$14.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$9.54M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
+$8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$9.36M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.78M |
| 3 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
-$3.7M |
| 4 |
BlackRock
New York
|
-$2.08M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$1.57M |
IIIV Hedge Fund Activity: Q3 2020 in Review
118 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q3 2020, worth a combined $455M — down 3.1% from $469M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new IIIV positions and 9 closed out — a net gain of 21 holders — while 37 added to existing stakes and 40 trimmed.
The largest buyer was Millennium Management, adding an estimated $17.8M. The largest seller was Driehaus Capital Management, cutting an estimated $9.36M.
- 118 institutional investors held i3 Verticals (IIIV) as of Q3 2020, up from 97 in Q2 2020.
- Funds reported $455M of i3 Verticals stock for Q3 2020, down 3.1% quarter-over-quarter.
- 30 funds opened new i3 Verticals positions in Q3 2020 and 9 closed out, a net change of +21 holders.
- The largest i3 Verticals buyer in Q3 2020 was Millennium Management, an estimated $17.8M added.
- The largest i3 Verticals seller in Q3 2020 was Driehaus Capital Management, an estimated $9.36M sold.
Based on aggregated 13F filings for Q3 2020.