i3 Verticals
IIIV
97 hedge funds and large institutions have $469M invested in i3 Verticals in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 15 closing their positions.
63% more capital invested
Capital invested by funds: $287M → $469M (+$182M)
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
1% more funds holding
Funds holding: 96 → 97 (+1)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.09% less ownership
Funds ownership: 103.37% → 103.28% (-0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$10.4M |
| 2 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$10.2M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
+$4.67M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.11M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.52M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.07M |
| 3 |
ORI
Oak Ridge Investments
Chicago,
Illinois
|
-$3.97M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$2.96M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$2.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EGI
101
EAM Global Investors
Solana Beach,
California
| – | -$273K | -14,292 | Closed |
|
102
Two Sigma Investments
New York
| – | -$257K | -13,464 | Closed |
|
|
CSS
103
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$242K | -12,669 | Closed |
|
|
GCP
104
GSA Capital Partners
London,
United Kingdom
| – | -$230K | -12,046 | Closed |
|
|
WA
105
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$217K | -11,378 | Closed |
|
|
EI
106
EAM Investors
Solana Beach,
California
| – | -$212K | -11,092 | Closed |
|
107
Simplex Trading
Chicago,
Illinois
| – | -$169K | -6,651 | Closed |
|
|
ASN
108
Advisory Services Network
Atlanta,
Georgia
| – | -$24K | -1,269 | Closed |
|
109
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -15 | Closed |
|
|
PFO
110
Pathstone Family Office
Englewood,
New Jersey
| – | +$711 | +28 | New |
|
IIIV Hedge Fund Activity: Q2 2020 in Review
97 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q2 2020, worth a combined $469M — up 63% from $287M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new IIIV positions and 15 closed out — a net gain of 1 holder — while 35 added to existing stakes and 31 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $10.4M. The largest seller was Goldman Sachs, cutting an estimated $7.52M.
- 97 institutional investors held i3 Verticals (IIIV) as of Q2 2020, up from 96 in Q1 2020.
- Funds reported $469M of i3 Verticals stock for Q2 2020, up 63% quarter-over-quarter.
- 16 funds opened new i3 Verticals positions in Q2 2020 and 15 closed out, a net change of +1 holder.
- The largest i3 Verticals buyer in Q2 2020 was JP Morgan Chase, an estimated $10.4M added.
- The largest i3 Verticals seller in Q2 2020 was Goldman Sachs, an estimated $7.52M sold.
Based on aggregated 13F filings for Q2 2020.