i3 Verticals
IIIV
137 hedge funds and large institutions have $450M invested in i3 Verticals in 2023 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 50 reducing their positions, and 12 closing their positions.
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 135 → 137 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.03% less ownership
Funds ownership: 91.6% → 91.58% (-0.03%)
7% less capital invested
Capital invested by funds: $486M → $450M (-$36.1M)
14% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 50
74% less call options, than puts
Call options by funds: $173K | Put options by funds: $653K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.99M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$7.45M |
| 3 |
VC
Voss Capital
Houston,
Texas
|
+$5.84M |
| 4 |
2C
272 Capital
Dallas,
Texas
|
+$2.73M |
| 5 |
Millennium Management
New York
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.58M |
| 2 |
Neuberger Berman Group
New York
|
-$5.06M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$4.99M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$3.41M |
| 5 |
MIM
Meros Investment Management
Dallas,
Texas
|
-$2.85M |
IIIV Hedge Fund Activity: Q3 2023 in Review
137 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in i3 Verticals (IIIV) for Q3 2023, worth a combined $450M — down 7.4% from $486M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new IIIV positions and 12 closed out — a net gain of 2 holders — while 43 added to existing stakes and 50 trimmed.
The largest buyer was Ameriprise, adding an estimated $8.99M. The largest seller was Wellington Management Group, cutting an estimated $6.58M.
- 137 institutional investors held i3 Verticals (IIIV) as of Q3 2023, up from 135 in Q2 2023.
- Funds reported $450M of i3 Verticals stock for Q3 2023, down 7.4% quarter-over-quarter.
- 14 funds opened new i3 Verticals positions in Q3 2023 and 12 closed out, a net change of +2 holders.
- The largest i3 Verticals buyer in Q3 2023 was Ameriprise, an estimated $8.99M added.
- The largest i3 Verticals seller in Q3 2023 was Wellington Management Group, an estimated $6.58M sold.
Based on aggregated 13F filings for Q3 2023.