Velocity Financial
VEL
23 hedge funds and large institutions have $123M invested in Velocity Financial in 2020 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
92% more capital invested
Capital invested by funds: $64M → $123M (+$59M)
34.18% more ownership
Funds ownership: 68.45% → 102.63% (+34%)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
21% less funds holding
Funds holding: 29 → 23 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.15M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$555K |
| 3 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$269K |
| 4 |
Renaissance Technologies
New York
|
+$160K |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$65.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$1.79M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$397K |
| 3 |
QP
Quilter Plc
London,
United Kingdom
|
-$316K |
| 4 |
PP
PDT Partners
New York
|
-$158K |
| 5 |
Citigroup
New York
|
-$132K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citigroup
New York
| – | -$132K | -26,393 | Closed |
|
27
Jane Street
New York
| – | -$80K | -15,875 | Closed |
|
28
Two Sigma Investments
New York
| – | -$67K | -13,300 | Closed |
|
29
UBS Group
Zurich,
Switzerland
| – | -$14K | -2,852 | Closed |
|
30
JP Morgan Chase
New York
| – | -$9.07K | -1,660 | -99% |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -199 | Closed |
|
VEL Hedge Fund Activity: Q4 2020 in Review
23 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Velocity Financial (VEL) for Q4 2020, worth a combined $123M — up 92% from $64M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of VEL and 2 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 8 added.
The largest buyer was Wellington Management Group, adding an estimated $1.15M. The largest seller was Monarch Partners Asset Management, exiting entirely with an estimated $1.79M sold.
- 23 institutional investors held Velocity Financial (VEL) as of Q4 2020, down from 29 in Q3 2020.
- Funds reported $123M of Velocity Financial stock for Q4 2020, up 92% quarter-over-quarter.
- 2 funds opened new Velocity Financial positions in Q4 2020 and 8 closed out, a net change of -6 holders.
- The largest Velocity Financial buyer in Q4 2020 was Wellington Management Group, an estimated $1.15M added.
- The largest Velocity Financial seller in Q4 2020 was Monarch Partners Asset Management, an estimated $1.79M sold.
Based on aggregated 13F filings for Q4 2020.