i3 Verticals
IIIV
115 hedge funds and large institutions have $430M invested in i3 Verticals in 2021 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 52 increasing their positions, 28 reducing their positions, and 10 closing their positions.
110% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
86% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 28
10% more funds holding
Funds holding: 105 → 115 (+10)
2.2% less ownership
Funds ownership: 87.83% → 85.63% (-2.2%)
8% less capital invested
Capital invested by funds: $468M → $430M (-$37.7M)
60% less call options, than puts
Call options by funds: $287K | Put options by funds: $715K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$8.19M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$5.61M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.09M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$5M |
| 5 |
CC
Crosslink Capital
Menlo Park,
California
|
+$4.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$41.9M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
-$25.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$9.35M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.55M |
| 5 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
-$2.72M |
IIIV Hedge Fund Activity: Q4 2021 in Review
115 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q4 2021, worth a combined $430M — down 8% from $468M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new IIIV positions and 10 closed out — a net gain of 11 holders — while 52 added to existing stakes and 28 trimmed.
The largest buyer was Millennium Management, adding an estimated $8.19M. The largest seller was JP Morgan Chase, cutting an estimated $41.9M.
- 115 institutional investors held i3 Verticals (IIIV) as of Q4 2021, up from 105 in Q3 2021.
- Funds reported $430M of i3 Verticals stock for Q4 2021, down 8% quarter-over-quarter.
- 21 funds opened new i3 Verticals positions in Q4 2021 and 10 closed out, a net change of +11 holders.
- The largest i3 Verticals buyer in Q4 2021 was Millennium Management, an estimated $8.19M added.
- The largest i3 Verticals seller in Q4 2021 was JP Morgan Chase, an estimated $41.9M sold.
Based on aggregated 13F filings for Q4 2021.