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144 hedge funds and large institutions have $1.45B invested in Vertex in 2023 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 59 increasing their positions, 31 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

235% more call options, than puts

Call options by funds: $3.63M | Put options by funds: $1.09M

200% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 13

90% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 31

39% more capital invested

Capital invested by funds: $1.04B → $1.45B (+$407M)

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

20% more funds holding

Funds holding: 120144 (+24)

7.51% more ownership

Funds ownership: 81.69%89.2% (+7.5%)

Holders
144
Holders Change
+24
Holders Change %
+20%
% of All Funds
2.1%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.07%
New
39
Increased
59
Reduced
31
Closed
13
Calls
$3.63M
Puts
$1.09M
Net Calls
+$2.55M
Net Calls Change
+$279K
Name Holding Trade Value Shares
Change
Change in
Stake
KCM
26
Kennedy Capital Management
Missouri
$10.3M +$2.21M +86,022 +29%
State Street
27
State Street
Massachusetts
$9.95M +$690K +26,925 +8%
KCM
28
Kornitzer Capital Management
Kansas
$9.3M +$7.89M +307,892 +824%
AI
29
Axiom Investors
Connecticut
$9.25M +$8.8M +343,470 New
Renaissance Technologies
30
Renaissance Technologies
New York
$9.23M +$1.6M +62,300 +22%
New York State Common Retirement Fund
31
New York State Common Retirement Fund
New York
$8.58M +$92.5K +3,608 +1%
Ameriprise
32
Ameriprise
Minnesota
$8.47M +$1.62M +63,313 +25%
First Trust Advisors
33
First Trust Advisors
Illinois
$8.11M +$3.37M +131,462 +77%
Millennium Management
34
Millennium Management
New York
$7.76M +$1.11M +43,169 +18%
Two Sigma Advisers
35
Two Sigma Advisers
New York
$7.7M +$20.5K +800 +0.3%
Invesco
36
Invesco
Georgia
$7.54M -$3.73M -145,492 -34%
T. Rowe Price Associates
37
T. Rowe Price Associates
Maryland
$7.49M +$6.82M +266,034 +2,245%
Two Sigma Investments
38
Two Sigma Investments
New York
$7.05M +$907K +35,381 +16%
PM
39
Pembroke Management
Quebec, Canada
$7.03M +$6.69M +260,906 New
GIPM
40
G2 Investment Partners Management
New York
$6.97M -$265K -10,327 -4%
Charles Schwab
41
Charles Schwab
California
$6.81M +$774K +30,194 +14%
SSA
42
Schonfeld Strategic Advisors
New York
$6.68M +$6.36M +248,035 New
D.E. Shaw & Co
43
D.E. Shaw & Co
New York
$6.65M +$5.51M +214,824 +668%
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$6.6M -$1.02M -39,770 -14%
Principal Financial Group
45
Principal Financial Group
Iowa
$6.3M +$3.72M +145,246 +164%
Bessemer Group
46
Bessemer Group
New Jersey
$6.21M +$5.91M +230,403 New
Norges Bank
47
Norges Bank
Norway
$5.95M +$844K +32,926 +18%
Comerica Bank
48
Comerica Bank
Texas
$5.55M -$4.49K -175 -0.1%
Northern Trust
49
Northern Trust
Illinois
$5.02M +$449K +17,505 +10%
PVM
50
Palogic Value Management
Texas
$4.71M -$1.28M -50,000 -22%

VERX Hedge Fund Activity: Q4 2023 in Review

144 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Vertex (VERX) for Q4 2023, worth a combined $1.45B — up 39% from $1.04B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new VERX positions and 13 closed out — a net gain of 26 holders — while 59 added to existing stakes and 31 trimmed.

The largest buyer was Legacy Advisors, adding an estimated $78M. The largest seller was Bryn Mawr Capital Management, cutting an estimated $25.6M.

  • 144 institutional investors held Vertex (VERX) as of Q4 2023, up from 120 in Q3 2023.
  • Funds reported $1.45B of Vertex stock for Q4 2023, up 39% quarter-over-quarter.
  • 39 funds opened new Vertex positions in Q4 2023 and 13 closed out, a net change of +26 holders.
  • The largest Vertex buyer in Q4 2023 was Legacy Advisors, an estimated $78M added.
  • The largest Vertex seller in Q4 2023 was Bryn Mawr Capital Management, an estimated $25.6M sold.

Based on aggregated 13F filings for Q4 2023.