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Velocity Financial

51 hedge funds and large institutions have $580M invested in Velocity Financial in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

9% more funds holding

Funds holding: 4751 (+4)

1.27% more ownership

Funds ownership: 98.14%99.41% (+1.3%)

5% more capital invested

Capital invested by funds: $554M → $580M (+$25.8M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

16% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 19

Holders
51
Holders Change
+4
Holders Change %
+8.51%
% 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
7
Increased
16
Reduced
19
Closed
3
Calls
$15.6M
Puts
Net Calls
+$15.6M
Net Calls Change
+$3.88M
Name Holding Trade Value Shares
Change
Change in
Stake
SPG
1
Snow Phipps Group
New York
$221M
Allianz Asset Management
2
Allianz Asset Management
Germany
$197M
BPCM
3
Beach Point Capital Management
California
$97.8M +$2.07M +127,145 +2%
Adage Capital Partners
4
Adage Capital Partners
Massachusetts
$20.5M -$617K -37,850 -3%
BlackRock
5
BlackRock
New York
$10.6M -$262K -16,068 -3%
Vanguard Group
6
Vanguard Group
Pennsylvania
$7.62M +$63.7K +3,906 +0.9%
BCM
7
Bridgeway Capital Management
Texas
$5.02M +$151K +9,242 +3%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$3.44M -$29.9K -1,836 -1%
State Street
9
State Street
Massachusetts
$3.07M -$24.6K -1,508 -0.9%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$2.36M +$228K +13,977 +12%
EF
11
Empowered Funds
Pennsylvania
$2.2M +$151K +9,242 +8%
Northern Trust
12
Northern Trust
Illinois
$1.41M +$12.1K +741 +1%
Mariner
13
Mariner
Kansas
$1.02M +$279K +17,143 +43%
EI
14
EAM Investors
California
$929K +$99.8K +6,121 +13%
Morgan Stanley
15
Morgan Stanley
New York
$586K -$668K -40,964 -56%
Charles Schwab
16
Charles Schwab
California
$508K
Bank of New York Mellon
17
Bank of New York Mellon
New York
$424K -$134K -8,219 -26%
HSBC Holdings
18
HSBC Holdings
United Kingdom
$358K +$33K +2,023 +11%
JP Morgan Chase
19
JP Morgan Chase
New York
$354K +$124K +7,609 +63%
Millennium Management
20
Millennium Management
New York
$309K -$141K -8,663 -34%
Invesco
21
Invesco
Georgia
$265K +$59.2K +3,633 +33%
Bank of America
22
Bank of America
North Carolina
$255K -$94.8K -5,814 -29%
B
23
Bailard
California
$252K -$19.6K -1,200 -8%
N
24
Nuveen
North Carolina
$245K
RhumbLine Advisers
25
RhumbLine Advisers
Massachusetts
$230K +$228 +14 +0.1%

VEL Hedge Fund Activity: Q1 2024 in Review

51 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Velocity Financial (VEL) for Q1 2024, worth a combined $580M — up 4.7% from $554M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new VEL positions and 3 closed out — a net gain of 4 holders — while 16 added to existing stakes and 19 trimmed.

The largest buyer was Beach Point Capital Management, adding an estimated $2.07M. The largest seller was Morgan Stanley, cutting an estimated $668K.

  • 51 institutional investors held Velocity Financial (VEL) as of Q1 2024, up from 47 in Q4 2023.
  • Funds reported $580M of Velocity Financial stock for Q1 2024, up 4.7% quarter-over-quarter.
  • 7 funds opened new Velocity Financial positions in Q1 2024 and 3 closed out, a net change of +4 holders.
  • The largest Velocity Financial buyer in Q1 2024 was Beach Point Capital Management, an estimated $2.07M added.
  • The largest Velocity Financial seller in Q1 2024 was Morgan Stanley, an estimated $668K sold.

Based on aggregated 13F filings for Q1 2024.