i3 Verticals
IIIV
119 hedge funds and large institutions have $649M invested in i3 Verticals in 2020 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 51 increasing their positions, 27 reducing their positions, and 21 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 27
36% more capital invested
Capital invested by funds: $476M → $649M (+$173M)
3.63% more ownership
Funds ownership: 99.93% → 103.56% (+3.6%)
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
1% more funds holding
Funds holding: 118 → 119 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
44% less call options, than puts
Call options by funds: $269K | Put options by funds: $478K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$20.3M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$12.2M |
| 3 |
BlackRock
New York
|
+$8.35M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$7.04M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$19M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$8.45M |
| 3 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
-$7.5M |
| 4 |
Bank of New York Mellon
New York
|
-$5.17M |
| 5 |
CM
Castleark Management
Chicago,
Illinois
|
-$4.52M |
IIIV Hedge Fund Activity: Q4 2020 in Review
119 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q4 2020, worth a combined $649M — up 36% from $476M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new IIIV positions and 21 closed out — a net gain of 2 holders — while 51 added to existing stakes and 27 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $20.3M. The largest seller was Ranger Investment Management, cutting an estimated $19M.
- 119 institutional investors held i3 Verticals (IIIV) as of Q4 2020, up from 118 in Q3 2020.
- Funds reported $649M of i3 Verticals stock for Q4 2020, up 36% quarter-over-quarter.
- 23 funds opened new i3 Verticals positions in Q4 2020 and 21 closed out, a net change of +2 holders.
- The largest i3 Verticals buyer in Q4 2020 was JP Morgan Chase, an estimated $20.3M added.
- The largest i3 Verticals seller in Q4 2020 was Ranger Investment Management, an estimated $19M sold.
Based on aggregated 13F filings for Q4 2020.