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Velocity Financial

48 hedge funds and large institutions have $581M invested in Velocity Financial in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 9 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

178% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 9

0% more capital invested

Capital invested by funds: $580M → $581M (+$1M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.23% less ownership

Funds ownership: 99.41%98.18% (-1.2%)

6% less funds holding

Funds holding: 5148 (-3)

11% less call options, than puts

Call options by funds: $12.1M | Put options by funds: $13.6M

33% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 9

Holders
48
Holders Change
-3
Holders Change %
-5.88%
% of All Funds
0.69%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
6
Increased
25
Reduced
9
Closed
9
Calls
$12.1M
Puts
$13.6M
Net Calls
-$1.53M
Net Calls Change
-$17.1M
Name Holding Trade Value Shares
Change
Change in
Stake
SPG
1
Snow Phipps Group
New York
$220M
Allianz Asset Management
2
Allianz Asset Management
Germany
$197M
BPCM
3
Beach Point Capital Management
California
$99.3M +$1.78M +101,186 +2%
Adage Capital Partners
4
Adage Capital Partners
Massachusetts
$20M -$470K -26,670 -2%
BlackRock
5
BlackRock
New York
$11.8M +$1.16M +65,733 +11%
Vanguard Group
6
Vanguard Group
Pennsylvania
$7.62M +$28.2K +1,600 +0.4%
BCM
7
Bridgeway Capital Management
Texas
$5.17M +$165K +9,360 +3%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$3.55M +$124K +7,006 +4%
State Street
9
State Street
Massachusetts
$2.87M -$183K -10,376 -6%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$2.64M +$282K +15,993 +12%
EF
11
Empowered Funds
Pennsylvania
$2.36M +$165K +9,360 +8%
Northern Trust
12
Northern Trust
Illinois
$1.31M -$87.9K -4,983 -6%
Mariner
13
Mariner
Kansas
$1.3M +$274K +15,525 +27%
EI
14
EAM Investors
California
$925K
Morgan Stanley
15
Morgan Stanley
New York
$872K +$284K +16,083 +49%
Charles Schwab
16
Charles Schwab
California
$535K +$28.2K +1,601 +6%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$463K +$40.3K +2,283 +10%
HSBC Holdings
18
HSBC Holdings
United Kingdom
$360K -$247 -14 -0.1%
Millennium Management
19
Millennium Management
New York
$313K +$5.15K +292 +2%
Janus Henderson Group
20
Janus Henderson Group
United Kingdom
$299K +$294K +16,679 New
Citadel Advisors
21
Citadel Advisors
Florida
$295K +$228K +12,920 +365%
Goldman Sachs
22
Goldman Sachs
New York
$284K +$73.4K +4,162 +36%
Bank of America
23
Bank of America
North Carolina
$248K -$6.35K -360 -3%
N
24
Nuveen
North Carolina
$244K
RhumbLine Advisers
25
RhumbLine Advisers
Massachusetts
$239K +$9.65K +547 +4%

VEL Hedge Fund Activity: Q2 2024 in Review

48 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Velocity Financial (VEL) for Q2 2024, worth a combined $581M — up 0.17% from $580M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of VEL and 6 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 25 added.

The largest buyer was Beach Point Capital Management, adding an estimated $1.78M. The largest seller was Adage Capital Partners, cutting an estimated $470K.

  • 48 institutional investors held Velocity Financial (VEL) as of Q2 2024, down from 51 in Q1 2024.
  • Funds reported $581M of Velocity Financial stock for Q2 2024, up 0.17% quarter-over-quarter.
  • 6 funds opened new Velocity Financial positions in Q2 2024 and 9 closed out, a net change of -3 holders.
  • The largest Velocity Financial buyer in Q2 2024 was Beach Point Capital Management, an estimated $1.78M added.
  • The largest Velocity Financial seller in Q2 2024 was Adage Capital Partners, an estimated $470K sold.

Based on aggregated 13F filings for Q2 2024.