Velocity Financial
VEL
44 hedge funds and large institutions have $367M invested in Velocity Financial in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 10 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 10
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
29% more capital invested
Capital invested by funds: $285M → $367M (+$82M)
7% more funds holding
Funds holding: 41 → 44 (+3)
0.88% more ownership
Funds ownership: 96.76% → 97.65% (+0.88%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$2.99M |
| 2 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$913K |
| 3 |
State Street
Boston,
Massachusetts
|
+$426K |
| 4 |
B
Bailard
Foster City,
California
|
+$187K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$1.76M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$1M |
| 3 |
BlackRock
New York
|
-$255K |
| 4 |
Millennium Management
New York
|
-$224K |
| 5 |
LCM
Laurion Capital Management
New York
|
-$101K |
VEL Hedge Fund Activity: Q2 2023 in Review
44 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Velocity Financial (VEL) for Q2 2023, worth a combined $367M — up 29% from $285M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new VEL positions and 4 closed out — a net gain of 3 holders — while 20 added to existing stakes and 10 trimmed.
The largest buyer was Beach Point Capital Management, adding an estimated $2.99M. The largest seller was Wasatch Advisors, exiting entirely with an estimated $1.76M sold.
- 44 institutional investors held Velocity Financial (VEL) as of Q2 2023, up from 41 in Q1 2023.
- Funds reported $367M of Velocity Financial stock for Q2 2023, up 29% quarter-over-quarter.
- 7 funds opened new Velocity Financial positions in Q2 2023 and 4 closed out, a net change of +3 holders.
- The largest Velocity Financial buyer in Q2 2023 was Beach Point Capital Management, an estimated $2.99M added.
- The largest Velocity Financial seller in Q2 2023 was Wasatch Advisors, an estimated $1.76M sold.
Based on aggregated 13F filings for Q2 2023.