VersaBank
VBNK
22 hedge funds and large institutions have $39.5M invested in VersaBank in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 2 closing their positions.
0.51% less ownership
Funds ownership: 20.66% → 20.15% (-0.51%)
3% less capital invested
Capital invested by funds: $40.7M → $39.5M (-$1.15M)
8% less funds holding
Funds holding: 24 → 22 (-2)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1.14M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$231K |
| 3 |
Millennium Management
New York
|
+$133K |
| 4 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
+$40.5K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$31.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$1.28M |
| 2 |
JAM
Jacobs Asset Management
New York
|
-$1.19M |
| 3 |
GIM
Greenwich Investment Management
Norwalk,
Connecticut
|
-$444K |
| 4 |
EM
ELCO Management
New York
|
-$297K |
| 5 |
RHCA
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
-$181K |
VBNK Hedge Fund Activity: Q2 2023 in Review
22 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in VersaBank (VBNK) for Q2 2023, worth a combined $39.5M — down 2.8% from $40.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of VBNK and 0 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 7 added.
The largest buyer was Hillsdale Investment Management, adding an estimated $1.14M. The largest seller was Pembroke Management, exiting entirely with an estimated $1.28M sold.
- 22 institutional investors held VersaBank (VBNK) as of Q2 2023, down from 24 in Q1 2023.
- Funds reported $39.5M of VersaBank stock for Q2 2023, down 2.8% quarter-over-quarter.
- 0 funds opened new VersaBank positions in Q2 2023 and 2 closed out, a net change of -2 holders.
- The largest VersaBank buyer in Q2 2023 was Hillsdale Investment Management, an estimated $1.14M added.
- The largest VersaBank seller in Q2 2023 was Pembroke Management, an estimated $1.28M sold.
Based on aggregated 13F filings for Q2 2023.