VersaBank
VBNK
29 hedge funds and large institutions have $71M invested in VersaBank in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
17% more capital invested
Capital invested by funds: $60.6M → $71M (+$10.4M)
1.12% more ownership
Funds ownership: 19.37% → 20.49% (+1.1%)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
6% less funds holding
Funds holding: 31 → 29 (-2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
+$5.48M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$1.19M |
| 3 |
Renaissance Technologies
New York
|
+$529K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$251K |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Orchard Capital Management
Chicago,
Illinois
|
-$2.03M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$816K |
| 3 |
RHCA
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
-$401K |
| 4 |
CP
Cumberland Partners
Toronto,
Ontario, Canada
|
-$198K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$109K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $33.2K | +$10.1K | +835 | +50% |
|
27
Barclays
London,
United Kingdom
| $32.1K | +$29.4K | +2,420 | New |
|
|
FIA
28
FNY Investment Advisers
New York
| $23K | +$6.25K | +515 | +40% |
|
29
UBS Group
Zurich,
Switzerland
| $14.6K | +$9.53K | +785 | +248% |
|
|
OCM
30
Orchard Capital Management
Chicago,
Illinois
| – | -$2.03M | -188,192 | Closed |
|
|
CP
31
Cumberland Partners
Toronto,
Ontario, Canada
| – | -$198K | -18,400 | Closed |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| – | -$14.9K | -1,387 | Closed |
|
33
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$118 | -11 | Closed |
|
VBNK Hedge Fund Activity: Q3 2024 in Review
29 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in VersaBank (VBNK) for Q3 2024, worth a combined $71M — up 17% from $60.6M a quarter earlier.
Fund positioning in VBNK was balanced in Q3 2024: 4 funds opened new positions, 4 closed out, 16 added to existing stakes and 8 trimmed.
The largest buyer was Mendon Capital Advisors, adding an estimated $5.48M. The largest seller was Orchard Capital Management, exiting entirely with an estimated $2.03M sold.
- 29 institutional investors held VersaBank (VBNK) as of Q3 2024, down from 31 in Q2 2024.
- Funds reported $71M of VersaBank stock for Q3 2024, up 17% quarter-over-quarter.
- 4 funds opened new VersaBank positions in Q3 2024 and 4 closed out, a net change of 0 holders.
- The largest VersaBank buyer in Q3 2024 was Mendon Capital Advisors, an estimated $5.48M added.
- The largest VersaBank seller in Q3 2024 was Orchard Capital Management, an estimated $2.03M sold.
Based on aggregated 13F filings for Q3 2024.