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i3 Verticals

128 hedge funds and large institutions have $494M invested in i3 Verticals in 2022 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 34 increasing their positions, 44 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

108% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 12

8% more funds holding

Funds holding: 119128 (+9)

2.3% more ownership

Funds ownership: 88.56%90.86% (+2.3%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

9% less capital invested

Capital invested by funds: $544M → $494M (-$49.8M)

23% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 44

Holders
128
Holders Change
+9
Holders Change %
+7.56%
% of All Funds
2.16%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
25
Increased
34
Reduced
44
Closed
12
Calls
$976K
Puts
Net Calls
+$976K
Net Calls Change
-$453K
Name Holding Trade Value Shares
Change
Change in
Stake
GCM
1
Geneva Capital Management
Wisconsin
$45.3M -$448K -17,768 -1%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$38.1M -$543K -21,525 -1%
BlackRock
3
BlackRock
New York
$36.8M +$624K +24,748 +2%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$32M -$1.79M -70,956 -5%
Vanguard Group
5
Vanguard Group
Pennsylvania
$28.9M +$3.76M +149,037 +15%
CC
6
Crosslink Capital
California
$16.9M +$178K +7,040 +1%
HRCM
7
Hood River Capital Management
Florida
$16.2M +$920K +36,498 +6%
Millennium Management
8
Millennium Management
New York
$15.8M +$1M +39,690 +7%
PCM
9
Portolan Capital Management
Massachusetts
$14.5M +$7.72M +306,260 +113%
State Street
10
State Street
Massachusetts
$13.4M +$1.11M +43,986 +9%
EWA
11
EverSource Wealth Advisors
Alabama
$13.2M
DCM
12
Driehaus Capital Management
Illinois
$11.2M +$11.3M +447,489 New
VOYA Investment Management
13
VOYA Investment Management
Georgia
$10.5M -$5.67M -224,821 -35%
RIM
14
Ranger Investment Management
Texas
$9.89M -$1.84M -72,928 -16%
GIPM
15
G2 Investment Partners Management
New York
$9.71M +$298K +11,829 +3%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$9.57M -$98.8K -3,917 -1%
WA
17
Wasatch Advisors
Utah
$9.48M -$1.3M -51,404 -12%
SI
18
Scout Investments
Missouri
$9.39M +$265K +10,516 +3%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$8.65M +$92.4K +3,663 +1%
CP
20
Covenant Partners
Tennessee
$8.6M
NC
21
Nicholas Company
Wisconsin
$8.34M -$1.89K -75 -0%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$7.65M +$1.12M +44,459 +17%
EMG
23
ETF Managers Group
New Jersey
$7.12M +$3.82M +151,533 +110%
Russell Investments Group
24
Russell Investments Group
United Kingdom
$7.07M -$1.68M -66,460 -19%
Wells Fargo
25
Wells Fargo
California
$6.04M +$708K +28,077 +13%

IIIV Hedge Fund Activity: Q2 2022 in Review

128 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q2 2022, worth a combined $494M — down 9.2% from $544M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new IIIV positions and 12 closed out — a net gain of 13 holders — while 34 added to existing stakes and 44 trimmed.

The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $11.3M. The largest seller was VOYA Investment Management, cutting an estimated $5.67M.

  • 128 institutional investors held i3 Verticals (IIIV) as of Q2 2022, up from 119 in Q1 2022.
  • Funds reported $494M of i3 Verticals stock for Q2 2022, down 9.2% quarter-over-quarter.
  • 25 funds opened new i3 Verticals positions in Q2 2022 and 12 closed out, a net change of +13 holders.
  • The largest i3 Verticals buyer in Q2 2022 was Driehaus Capital Management, an estimated $11.3M added.
  • The largest i3 Verticals seller in Q2 2022 was VOYA Investment Management, an estimated $5.67M sold.

Based on aggregated 13F filings for Q2 2022.