i3 Verticals
IIIV
139 hedge funds and large institutions have $530M invested in i3 Verticals in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 47 increasing their positions, 44 reducing their positions, and 9 closing their positions.
3,218% more call options, than puts
Call options by funds: $564K | Put options by funds: $17K
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
5% more capital invested
Capital invested by funds: $504M → $530M (+$26.2M)
5% more funds holding
Funds holding: 133 → 139 (+6)
1.71% more ownership
Funds ownership: 91.82% → 93.53% (+1.7%)
7% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 44
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Voss Capital
Houston,
Texas
|
+$11.3M |
| 2 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$7.54M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$6.18M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$4.52M |
| 5 |
Neuberger Berman Group
New York
|
+$4.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$5.34M |
| 2 |
EWA
EverSource Wealth Advisors
Birmingham,
Alabama
|
-$5.19M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
-$3.35M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$3.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.27M |
IIIV Hedge Fund Activity: Q1 2023 in Review
139 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q1 2023, worth a combined $530M — up 5.2% from $504M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new IIIV positions and 9 closed out — a net gain of 10 holders — while 47 added to existing stakes and 44 trimmed.
The largest buyer was Voss Capital, opening a new position worth an estimated $11.3M. The largest seller was Portolan Capital Management, cutting an estimated $5.34M.
- 139 institutional investors held i3 Verticals (IIIV) as of Q1 2023, up from 133 in Q4 2022.
- Funds reported $530M of i3 Verticals stock for Q1 2023, up 5.2% quarter-over-quarter.
- 19 funds opened new i3 Verticals positions in Q1 2023 and 9 closed out, a net change of +10 holders.
- The largest i3 Verticals buyer in Q1 2023 was Voss Capital, an estimated $11.3M added.
- The largest i3 Verticals seller in Q1 2023 was Portolan Capital Management, an estimated $5.34M sold.
Based on aggregated 13F filings for Q1 2023.