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Velocity Financial

46 hedge funds and large institutions have $360M invested in Velocity Financial in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

5% more funds holding

Funds holding: 4446 (+2)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.48% less ownership

Funds ownership: 97.65%97.17% (-0.48%)

2% less capital invested

Capital invested by funds: $367M → $360M (-$7.36M)

28% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 18

45% less call options, than puts

Call options by funds: $6K | Put options by funds: $11K

Holders
46
Holders Change
+2
Holders Change %
+4.55%
% of All Funds
0.73%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
13
Reduced
18
Closed
1
Calls
$6K
Puts
$11K
Net Calls
-$5K
Net Calls Change
-$5K
Name Holding Trade Value Shares
Change
Change in
Stake
SPG
1
Snow Phipps Group
New York
$139M
Allianz Asset Management
2
Allianz Asset Management
Germany
$124M
BPCM
3
Beach Point Capital Management
California
$57.9M +$1.83M +150,524 +3%
Adage Capital Partners
4
Adage Capital Partners
Massachusetts
$13.2M +$370K +30,410 +3%
BlackRock
5
BlackRock
New York
$6.23M -$484K -39,807 -7%
Vanguard Group
6
Vanguard Group
Pennsylvania
$4.68M -$1.69M -139,272 -25%
BCM
7
Bridgeway Capital Management
Texas
$2.93M +$102K +8,374 +3%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$2.72M -$288K -23,683 -9%
State Street
9
State Street
Massachusetts
$1.97M -$37K -3,043 -2%
EF
10
Empowered Funds
Pennsylvania
$1.16M +$102K +8,374 +9%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$1.11M +$199K +16,386 +20%
Northern Trust
12
Northern Trust
Illinois
$890K -$110K -9,084 -10%
Millennium Management
13
Millennium Management
New York
$768K +$826K +67,963 New
Mariner
14
Mariner
Kansas
$439K +$238K +19,549 +101%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$359K +$6.88K +566 +2%
Charles Schwab
16
Charles Schwab
California
$319K
Morgan Stanley
17
Morgan Stanley
New York
$281K -$104K -8,512 -26%
Jane Street
18
Jane Street
New York
$236K +$254K +20,891 New
HSBC Holdings
19
HSBC Holdings
United Kingdom
$213K -$10.3K -845 -4%
Bank of America
20
Bank of America
North Carolina
$203K +$21.1K +1,736 +11%
B
21
Bailard
California
$170K -$52.3K -4,303 -22%
N
22
Nuveen
North Carolina
$154K
Goldman Sachs
23
Goldman Sachs
New York
$151K -$103K -8,443 -39%
RhumbLine Advisers
24
RhumbLine Advisers
Massachusetts
$139K +$6.38K +525 +4%
AC
25
Almitas Capital
California
$137K

VEL Hedge Fund Activity: Q3 2023 in Review

46 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Velocity Financial (VEL) for Q3 2023, worth a combined $360M — down 2% from $367M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new VEL positions and 1 closed out — a net gain of 3 holders — while 13 added to existing stakes and 18 trimmed.

The largest buyer was Beach Point Capital Management, adding an estimated $1.83M. The largest seller was Vanguard Group, cutting an estimated $1.69M.

  • 46 institutional investors held Velocity Financial (VEL) as of Q3 2023, up from 44 in Q2 2023.
  • Funds reported $360M of Velocity Financial stock for Q3 2023, down 2% quarter-over-quarter.
  • 4 funds opened new Velocity Financial positions in Q3 2023 and 1 closed out, a net change of +3 holders.
  • The largest Velocity Financial buyer in Q3 2023 was Beach Point Capital Management, an estimated $1.83M added.
  • The largest Velocity Financial seller in Q3 2023 was Vanguard Group, an estimated $1.69M sold.

Based on aggregated 13F filings for Q3 2023.