Vertex
VERX
219 hedge funds and large institutions have $2.67B invested in Vertex in 2024 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 87 increasing their positions, 64 reducing their positions, and 26 closing their positions.
11,640% more call options, than puts
Call options by funds: $117M | Put options by funds: $995K
65% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 26
36% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 64
9% more capital invested
Capital invested by funds: $2.45B → $2.67B (+$220M)
7% more funds holding
Funds holding: 204 → 219 (+15)
1.3% more ownership
Funds ownership: 104.68% → 105.98% (+1.3%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$24.8M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$20M |
| 3 |
PFM
Premier Fund Managers
Guildford,
United Kingdom
|
+$17.2M |
| 4 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$15.3M |
| 5 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCM
Bryn Mawr Capital Management
Philadelphia,
Pennsylvania
|
-$57.5M |
| 2 |
FAM
Fred Alger Management
New York
|
-$56.9M |
| 3 |
TCM
Tensile Capital Management
Larkspur,
California
|
-$21.4M |
| 4 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$19.4M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$14.8M |
VERX Hedge Fund Activity: Q3 2024 in Review
219 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Vertex (VERX) for Q3 2024, worth a combined $2.67B — up 9% from $2.45B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new VERX positions and 26 closed out — a net gain of 17 holders — while 87 added to existing stakes and 64 trimmed.
The largest buyer was Ameriprise, adding an estimated $24.8M. The largest seller was Bryn Mawr Capital Management, exiting entirely with an estimated $57.5M sold.
- 219 institutional investors held Vertex (VERX) as of Q3 2024, up from 204 in Q2 2024.
- Funds reported $2.67B of Vertex stock for Q3 2024, up 9% quarter-over-quarter.
- 43 funds opened new Vertex positions in Q3 2024 and 26 closed out, a net change of +17 holders.
- The largest Vertex buyer in Q3 2024 was Ameriprise, an estimated $24.8M added.
- The largest Vertex seller in Q3 2024 was Bryn Mawr Capital Management, an estimated $57.5M sold.
Based on aggregated 13F filings for Q3 2024.