VersaBank
VBNK
30 hedge funds and large institutions have $62.2M invested in VersaBank in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
15% more funds holding
Funds holding: 26 → 30 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.93% less ownership
Funds ownership: 24.19% → 20.26% (-3.9%)
14% less capital invested
Capital invested by funds: $72.3M → $62.2M (-$10.2M)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$675K |
| 2 |
CP
Cumberland Partners
Toronto,
Ontario, Canada
|
+$494K |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$483K |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$415K |
| 5 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
+$385K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$8.37M |
| 2 |
Mariner
Overland Park,
Kansas
|
-$3.43M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.28M |
| 4 |
OCM
Orchard Capital Management
Chicago,
Illinois
|
-$1.49M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FDCDDQ
26
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $24.1K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $19.8K | +$20.7K | +1,864 | New |
|
28
Lazard Asset Management
New York
| $19K | +$20.5K | +1,850 | New |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $14.8K | +$15.5K | +1,398 | New |
|
30
UBS Group
Zurich,
Switzerland
| $1.12K | -$1.6K | -144 | -58% |
|
|
KCM
31
Kennedy Capital Management
St Louis,
Missouri
| – | -$2.28M | -207,930 | Closed |
|
|
32
Mariner
Overland Park,
Kansas
| – | -$3.43M | -16,100 | Closed |
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$119K | -10,922 | Closed |
|
VBNK Hedge Fund Activity: Q1 2024 in Review
30 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in VersaBank (VBNK) for Q1 2024, worth a combined $62.2M — down 14% from $72.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new VBNK positions and 3 closed out — a net gain of 4 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Hillsdale Investment Management, adding an estimated $675K. The largest seller was Mendon Capital Advisors, cutting an estimated $8.37M.
- 30 institutional investors held VersaBank (VBNK) as of Q1 2024, up from 26 in Q4 2023.
- Funds reported $62.2M of VersaBank stock for Q1 2024, down 14% quarter-over-quarter.
- 7 funds opened new VersaBank positions in Q1 2024 and 3 closed out, a net change of +4 holders.
- The largest VersaBank buyer in Q1 2024 was Hillsdale Investment Management, an estimated $675K added.
- The largest VersaBank seller in Q1 2024 was Mendon Capital Advisors, an estimated $8.37M sold.
Based on aggregated 13F filings for Q1 2024.