i3 Verticals
IIIV
69 hedge funds and large institutions have $208M invested in i3 Verticals in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 23 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
30% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 23
5% more funds holding
Funds holding: 66 → 69 (+3)
1% less capital invested
Capital invested by funds: $210M → $208M (-$2.07M)
1.35% less ownership
Funds ownership: 95.72% → 94.37% (-1.4%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$4.12M |
| 2 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$2.6M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$2.18M |
| 4 |
BlackRock
New York
|
+$1.48M |
| 5 |
SIM
Spark Investment Management
New York
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$8.14M |
| 2 |
AIS
AlphaOne Investment Services
West Chester,
Pennsylvania
|
-$2.91M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.45M |
| 4 |
GPGA
Grandeur Peak Global Advisors
Salt Lake City,
Utah
|
-$1.44M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.42M |
IIIV Hedge Fund Activity: Q1 2019 in Review
69 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q1 2019, worth a combined $208M — down 0.98% from $210M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new IIIV positions and 6 closed out — a net gain of 3 holders — while 30 added to existing stakes and 23 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $4.12M. The largest seller was Citadel Advisors, exiting entirely with an estimated $8.14M sold.
- 69 institutional investors held i3 Verticals (IIIV) as of Q1 2019, up from 66 in Q4 2018.
- Funds reported $208M of i3 Verticals stock for Q1 2019, down 0.98% quarter-over-quarter.
- 9 funds opened new i3 Verticals positions in Q1 2019 and 6 closed out, a net change of +3 holders.
- The largest i3 Verticals buyer in Q1 2019 was T. Rowe Price Associates, an estimated $4.12M added.
- The largest i3 Verticals seller in Q1 2019 was Citadel Advisors, an estimated $8.14M sold.
Based on aggregated 13F filings for Q1 2019.