Velocity Financial
VEL
41 hedge funds and large institutions have $285M invested in Velocity Financial in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 5 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.81% less ownership
Funds ownership: 97.57% → 96.76% (-0.81%)
6% less capital invested
Capital invested by funds: $305M → $285M (-$19.8M)
7% less funds holding
Funds holding: 44 → 41 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$6.77M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$1.19M |
| 3 |
BlackRock
New York
|
+$505K |
| 4 |
Millennium Management
New York
|
+$237K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.93M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$2.95M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.88M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$200K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$115K |
VEL Hedge Fund Activity: Q1 2023 in Review
41 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Velocity Financial (VEL) for Q1 2023, worth a combined $285M — down 6.5% from $305M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of VEL and 2 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 19 added.
The largest buyer was Beach Point Capital Management, adding an estimated $6.77M. The largest seller was Wellington Management Group, exiting entirely with an estimated $3.93M sold.
- 41 institutional investors held Velocity Financial (VEL) as of Q1 2023, down from 44 in Q4 2022.
- Funds reported $285M of Velocity Financial stock for Q1 2023, down 6.5% quarter-over-quarter.
- 2 funds opened new Velocity Financial positions in Q1 2023 and 5 closed out, a net change of -3 holders.
- The largest Velocity Financial buyer in Q1 2023 was Beach Point Capital Management, an estimated $6.77M added.
- The largest Velocity Financial seller in Q1 2023 was Wellington Management Group, an estimated $3.93M sold.
Based on aggregated 13F filings for Q1 2023.