VersaBank
VBNK
25 hedge funds and large institutions have $41.1M invested in VersaBank in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
14% more funds holding
Funds holding: 22 → 25 (+3)
4% more capital invested
Capital invested by funds: $39.5M → $41.1M (+$1.61M)
0.06% more ownership
Funds ownership: 20.15% → 20.21% (+0.06%)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$260K |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$221K |
| 3 |
NEI
Northwest & Ethical Investments
Toronto,
Ontario, Canada
|
+$97.2K |
| 4 |
Renaissance Technologies
New York
|
+$96.4K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$91.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$305K |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$235K |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$60.4K |
| 4 |
JP Morgan Chase
New York
|
-$59K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$48.7K |
VBNK Hedge Fund Activity: Q3 2023 in Review
25 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in VersaBank (VBNK) for Q3 2023, worth a combined $41.1M — up 4.1% from $39.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new VBNK positions and 1 closed out — a net gain of 3 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $260K. The largest seller was Millennium Management, exiting entirely with an estimated $305K sold.
- 25 institutional investors held VersaBank (VBNK) as of Q3 2023, up from 22 in Q2 2023.
- Funds reported $41.1M of VersaBank stock for Q3 2023, up 4.1% quarter-over-quarter.
- 4 funds opened new VersaBank positions in Q3 2023 and 1 closed out, a net change of +3 holders.
- The largest VersaBank buyer in Q3 2023 was Wellington Management Group, an estimated $260K added.
- The largest VersaBank seller in Q3 2023 was Millennium Management, an estimated $305K sold.
Based on aggregated 13F filings for Q3 2023.