i3 Verticals
IIIV
128 hedge funds and large institutions have $506M 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.
108% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 12
8% more funds holding
Funds holding: 119 → 128 (+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: 3 → 3 (0)
7% less capital invested
Capital invested by funds: $544M → $506M (-$37.5M)
23% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$11.3M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$7.72M |
| 3 |
Morgan Stanley
New York
|
+$4.17M |
| 4 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$3.82M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$5.67M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$2.5M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$1.84M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.79M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$1.68M |
IIIV Hedge Fund Activity: Q2 2022 in Review
128 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q2 2022, worth a combined $506M — down 6.9% 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 $506M of i3 Verticals stock for Q2 2022, down 6.9% 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.