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Velocity Financial

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.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+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: 2923 (-6)

75% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 8

Holders
23
Holders Change
-6
Holders Change %
-20.69%
% of All Funds
0.41%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
2
Increased
8
Reduced
9
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SPG
1
Snow Phipps Group
New York
$44.1M +$38.7M +7,077,961 New
Allianz Asset Management
2
Allianz Asset Management
Germany
$32.8M
BPCM
3
Beach Point Capital Management
California
$12.7M +$269K +49,275 +2%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$12.4M +$1.15M +210,000 +12%
Adage Capital Partners
5
Adage Capital Partners
Massachusetts
$10.8M +$65.8K +12,033 +0.7%
Vanguard Group
6
Vanguard Group
Pennsylvania
$2.65M -$13.9K -2,537 -0.6%
Boston Partners
7
Boston Partners
Massachusetts
$2.39M -$9.81K -1,796 -0.5%
Russell Investments Group
8
Russell Investments Group
United Kingdom
$2.26M +$63.1K +11,557 +3%
AC
9
Almitas Capital
California
$633K +$555K +101,647 New
Federated Hermes
10
Federated Hermes
Pennsylvania
$498K
Renaissance Technologies
11
Renaissance Technologies
New York
$484K +$160K +29,300 +61%
BCM
12
Bridgeway Capital Management
Texas
$226K +$8.2K +1,500 +4%
Millennium Management
13
Millennium Management
New York
$192K -$88.4K -16,176 -34%
Morgan Stanley
14
Morgan Stanley
New York
$160K -$105K -19,147 -43%
BlackRock
15
BlackRock
New York
$149K +$13.4K +2,456 +11%
LCM
16
Laurion Capital Management
New York
$125K
Northern Trust
17
Northern Trust
Illinois
$118K
HSBC Holdings
18
HSBC Holdings
United Kingdom
$113K -$2.13K -389 -2%
PP
19
PDT Partners
New York
$80K -$158K -28,927 -69%
Wells Fargo
20
Wells Fargo
California
$77K -$2.26K -414 -3%
TRCT
21
Tower Research Capital (TRC)
New York
$12K +$5.3K +970 +97%
Bank of America
22
Bank of America
North Carolina
$9K -$8.26K -1,511 -51%
MPAM
23
Monarch Partners Asset Management
Massachusetts
-$1.79M -357,385 Closed
Alyeska Investment Group
24
Alyeska Investment Group
Illinois
-$397K -79,054 Closed
QP
25
Quilter Plc
United Kingdom
-$316K -63,027 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.