Velocity Financial
VEL
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.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
5% more funds holding
Funds holding: 44 → 46 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$1.83M |
| 2 |
Millennium Management
New York
|
+$826K |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$370K |
| 4 |
Jane Street
New York
|
+$254K |
| 5 |
Mariner
Overland Park,
Kansas
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.69M |
| 2 |
BlackRock
New York
|
-$484K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$288K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$110K |
| 5 |
Morgan Stanley
New York
|
-$104K |
VEL Hedge Fund Activity: Q3 2023 in Review
46 of the 6,310 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.