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Velocity Financial

23 hedge funds and large institutions have $107M invested in Velocity Financial in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

0% more funds holding

Funds holding: 2323 (0)

13% less capital invested

Capital invested by funds: $123M → $107M (-$16.4M)

42% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 12

44.2% less ownership

Funds ownership: 102.63%58.43% (-44%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
23
Holders Change
Holders Change %
0%
% of All Funds
0.4%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
3
Increased
7
Reduced
12
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Allianz Asset Management
1
Allianz Asset Management
Germany
$39.7M -$12.8M -1,673,958 -27%
BPCM
2
Beach Point Capital Management
California
$18.2M +$39K +5,099 +0.2%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$15.6M -$1.77M -231,300 -12%
Adage Capital Partners
4
Adage Capital Partners
Massachusetts
$15.1M -$240K -31,358 -2%
WA
5
Wasatch Advisors
Utah
$5.59M +$4.82M +630,761 New
Boston Partners
6
Boston Partners
Massachusetts
$3.75M +$301K +39,431 +10%
Russell Investments Group
7
Russell Investments Group
United Kingdom
$3.25M +$28.8K +3,767 +1%
Vanguard Group
8
Vanguard Group
Pennsylvania
$2.92M -$732K -95,770 -23%
BCM
9
Bridgeway Capital Management
Texas
$560K +$206K +26,900 +74%
Renaissance Technologies
10
Renaissance Technologies
New York
$494K -$168K -22,000 -28%
Federated Hermes
11
Federated Hermes
Pennsylvania
$355K -$306K -40,000 -50%
BlackRock
12
BlackRock
New York
$238K +$22K +2,882 +12%
Millennium Management
13
Millennium Management
New York
$210K -$54.7K -7,155 -23%
LCM
14
Laurion Capital Management
New York
$177K
Northern Trust
15
Northern Trust
Illinois
$169K +$589 +77 +0.4%
HSBC Holdings
16
HSBC Holdings
United Kingdom
$153K -$10.2K -1,329 -7%
Morgan Stanley
17
Morgan Stanley
New York
$135K -$81.1K -10,603 -41%
TRCT
18
Tower Research Capital (TRC)
New York
$51K +$28.9K +3,783 +192%
Wells Fargo
19
Wells Fargo
California
$37K -$62.4K -8,157 -66%
UBS Group
20
UBS Group
Switzerland
$20K +$17.4K +2,278 New
Bank of America
21
Bank of America
North Carolina
$13K -$15 -2 -0.1%
CAPTRUST Financial Advisors
22
CAPTRUST Financial Advisors
North Carolina
$1K +$1.14K +149 New
PP
23
PDT Partners
New York
-$80K -12,877 Closed
JP Morgan Chase
24
JP Morgan Chase
New York
-$15 -2 -22%

VEL Hedge Fund Activity: Q1 2021 in Review

23 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Velocity Financial (VEL) for Q1 2021, worth a combined $107M — down 13% from $123M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new VEL positions and 1 closed out — a net gain of 2 holders — while 7 added to existing stakes and 12 trimmed.

The largest buyer was Wasatch Advisors, opening a new position worth an estimated $4.82M. The largest seller was Allianz Asset Management, cutting an estimated $12.8M.

  • 23 institutional investors held Velocity Financial (VEL) as of Q1 2021, unchanged from Q4 2020.
  • Funds reported $107M of Velocity Financial stock for Q1 2021, down 13% quarter-over-quarter.
  • 3 funds opened new Velocity Financial positions in Q1 2021 and 1 closed out, a net change of +2 holders.
  • The largest Velocity Financial buyer in Q1 2021 was Wasatch Advisors, an estimated $4.82M added.
  • The largest Velocity Financial seller in Q1 2021 was Allianz Asset Management, an estimated $12.8M sold.

Based on aggregated 13F filings for Q1 2021.