i3 Verticals
IIIV
131 hedge funds and large institutions have $485M invested in i3 Verticals in 2024 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 49 increasing their positions, 45 reducing their positions, and 22 closing their positions.
730% more call options, than puts
Call options by funds: $2.44M | Put options by funds: $294K
1.2% more ownership
Funds ownership: 92.43% → 93.63% (+1.2%)
9% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 45
2% less capital invested
Capital invested by funds: $492M → $485M (-$7.6M)
3% less funds holding
Funds holding: 135 → 131 (-4)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPP
Long Path Partners
Stamford,
Connecticut
|
+$12.2M |
| 2 |
MCM
Mason Capital Management
New York
|
+$7.11M |
| 3 |
RA
Royce & Associates
New York
|
+$6.12M |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$3.28M |
| 5 |
VC
Voss Capital
Houston,
Texas
|
+$3.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$6.24M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$5.78M |
| 3 |
Morgan Stanley
New York
|
-$4.21M |
| 4 |
GCM
Greenland Capital Management
New York
|
-$4.1M |
| 5 |
Two Sigma Investments
New York
|
-$2.58M |
IIIV Hedge Fund Activity: Q2 2024 in Review
131 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q2 2024, worth a combined $485M — down 1.5% from $492M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of IIIV and 19 opened new positions — a net loss of 3 holders — while 45 trimmed existing stakes and 49 added.
The largest buyer was Long Path Partners, opening a new position worth an estimated $12.2M. The largest seller was Portolan Capital Management, cutting an estimated $6.24M.
- 131 institutional investors held i3 Verticals (IIIV) as of Q2 2024, down from 135 in Q1 2024.
- Funds reported $485M of i3 Verticals stock for Q2 2024, down 1.5% quarter-over-quarter.
- 19 funds opened new i3 Verticals positions in Q2 2024 and 22 closed out, a net change of -3 holders.
- The largest i3 Verticals buyer in Q2 2024 was Long Path Partners, an estimated $12.2M added.
- The largest i3 Verticals seller in Q2 2024 was Portolan Capital Management, an estimated $6.24M sold.
Based on aggregated 13F filings for Q2 2024.