i3 Verticals
IIIV
128 hedge funds and large institutions have $494M invested in i3 Verticals in 2022 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 34 increasing their positions, 44 reducing their positions, and 12 closing their positions.
108% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 12
8% more funds holding
Funds holding: 119 → 128 (+9)
2.3% more ownership
Funds ownership: 88.56% → 90.86% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less capital invested
Capital invested by funds: $544M → $494M (-$49.8M)
23% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 44
Top Buyers
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$11.3M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$7.72M |
| 3 |
Morgan Stanley
New York
|
+$4.17M |
| 4 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$3.82M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.76M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
National Bank of Canada
Montreal,
Quebec, Canada
| $1K | +$1.01K | +40 | New |
|
127
Two Sigma Investments
New York
| – | -$1.48M | -53,200 | Closed |
|
128
Squarepoint
New York
| – | -$1.18M | -42,407 | Closed |
|
129
Citadel Advisors
Miami,
Florida
| – | -$686K | -27,198 | Closed |
|
130
Two Sigma Advisers
New York
| – | -$552K | -19,800 | Closed |
|
|
PI
131
PEAK6 Investments
Chicago,
Illinois
| – | -$288K | -10,330 | Closed |
|
|
CSS
132
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$271K | -9,742 | Closed |
|
|
SBIA
133
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
| – | -$214K | -7,692 | Closed |
|
|
LIA
134
LBMC Investment Advisors
Brentwood,
Tennessee
| – | -$208K | -7,450 | Closed |
|
|
JF
135
Jump Financial
Chicago,
Illinois
| – | -$201K | -7,245 | Closed |
|
136
Group One Trading
Chicago,
Illinois
| – | -$15.1K | -600 | Closed |
|
|
ACM
137
Aquatic Capital Management
Chicago,
Illinois
| – | -$3K | -100 | Closed |
|
|
QCG
138
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$151 | -6 | -32% |
|
IIIV Hedge Fund Activity: Q2 2022 in Review
128 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q2 2022, worth a combined $494M — down 9.2% from $544M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new IIIV positions and 12 closed out — a net gain of 13 holders — while 34 added to existing stakes and 44 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $11.3M. The largest seller was VOYA Investment Management, cutting an estimated $5.67M.
- 128 institutional investors held i3 Verticals (IIIV) as of Q2 2022, up from 119 in Q1 2022.
- Funds reported $494M of i3 Verticals stock for Q2 2022, down 9.2% quarter-over-quarter.
- 25 funds opened new i3 Verticals positions in Q2 2022 and 12 closed out, a net change of +13 holders.
- The largest i3 Verticals buyer in Q2 2022 was Driehaus Capital Management, an estimated $11.3M added.
- The largest i3 Verticals seller in Q2 2022 was VOYA Investment Management, an estimated $5.67M sold.
Based on aggregated 13F filings for Q2 2022.