i3 Verticals
IIIV
96 hedge funds and large institutions have $287M invested in i3 Verticals in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 17 closing their positions.
81% more call options, than puts
Call options by funds: $2.05M | Put options by funds: $1.13M
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
11.71% more ownership
Funds ownership: 91.66% → 103.37% (+12%)
0% more funds holding
Funds holding: 96 → 96 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
23% less capital invested
Capital invested by funds: $375M → $287M (-$88M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$21.7M |
| 2 |
Goldman Sachs
New York
|
+$7.76M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.71M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$6.47M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$10.1M |
| 2 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$6.76M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$4.58M |
| 4 |
CC
Crosslink Capital
Menlo Park,
California
|
-$3.43M |
| 5 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$2M |
IIIV Hedge Fund Activity: Q1 2020 in Review
96 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q1 2020, worth a combined $287M — down 23% from $375M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new IIIV positions and 17 closed out — a net gain of 3 holders — while 35 added to existing stakes and 29 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $21.7M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $10.1M sold.
- 96 institutional investors held i3 Verticals (IIIV) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $287M of i3 Verticals stock for Q1 2020, down 23% quarter-over-quarter.
- 20 funds opened new i3 Verticals positions in Q1 2020 and 17 closed out, a net change of +3 holders.
- The largest i3 Verticals buyer in Q1 2020 was JP Morgan Chase, an estimated $21.7M added.
- The largest i3 Verticals seller in Q1 2020 was Lord, Abbett & Co, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2020.