Velocity Financial
VEL
48 hedge funds and large institutions have $581M invested in Velocity Financial in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 9 reducing their positions, and 9 closing their positions.
178% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 9
0% more capital invested
Capital invested by funds: $580M → $581M (+$1M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.23% less ownership
Funds ownership: 99.41% → 98.18% (-1.2%)
6% less funds holding
Funds holding: 51 → 48 (-3)
11% less call options, than puts
Call options by funds: $12.1M | Put options by funds: $13.6M
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$1.78M |
| 2 |
BlackRock
New York
|
+$1.16M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$294K |
| 4 |
Morgan Stanley
New York
|
+$284K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$470K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$265K |
| 3 |
B
Bailard
Foster City,
California
|
-$252K |
| 4 |
JP Morgan Chase
New York
|
-$205K |
| 5 |
Renaissance Technologies
New York
|
-$189K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
51
Torno Capital
Cohasset,
Massachusetts
| – | -$90K | -5,000 | Closed |
|
|
AIG
52
American International Group
New York
| – | -$77.7K | -4,316 | Closed |
|
|
GCM
53
Gladius Capital Management
Chicago,
Illinois
| – | -$39.4K | -2,189 | Closed |
|
|
CFM
54
Catalyst Funds Management
Sydney NSW,
Australia
| – | -$15.6K | -865 | Closed |
|
|
MLICM
55
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$9.14K | -508 | Closed |
|
56
AssetMark Inc
Concord,
California
| – | -$13 | -1 | Closed |
|
|
C
57
Covestor
London,
United Kingdom
| – | +$35 | +2 | +15% |
|
VEL Hedge Fund Activity: Q2 2024 in Review
48 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Velocity Financial (VEL) for Q2 2024, worth a combined $581M — up 0.17% from $580M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of VEL and 6 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 25 added.
The largest buyer was Beach Point Capital Management, adding an estimated $1.78M. The largest seller was Adage Capital Partners, cutting an estimated $470K.
- 48 institutional investors held Velocity Financial (VEL) as of Q2 2024, down from 51 in Q1 2024.
- Funds reported $581M of Velocity Financial stock for Q2 2024, up 0.17% quarter-over-quarter.
- 6 funds opened new Velocity Financial positions in Q2 2024 and 9 closed out, a net change of -3 holders.
- The largest Velocity Financial buyer in Q2 2024 was Beach Point Capital Management, an estimated $1.78M added.
- The largest Velocity Financial seller in Q2 2024 was Adage Capital Partners, an estimated $470K sold.
Based on aggregated 13F filings for Q2 2024.