Vertex
VERX
240 hedge funds and large institutions have $2.12B invested in Vertex in 2025 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 86 increasing their positions, 95 reducing their positions, and 61 closing their positions.
26,163% more call options, than puts
Call options by funds: $98.7M | Put options by funds: $376K
9% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 95
6.35% less ownership
Funds ownership: 116.84% → 110.49% (-6.3%)
11% less funds holding
Funds holding: 270 → 240 (-30)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
29% less capital invested
Capital invested by funds: $2.97B → $2.12B (-$854M)
44% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$89.3M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$72.1M |
| 3 |
LA
Legacy Advisors
Plymouth Meeting,
Pennsylvania
|
+$37.6M |
| 4 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$36.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$27.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$77.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$45.5M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$42.2M |
| 4 |
FAM
Fred Alger Management
New York
|
-$28.6M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$25.7M |
VERX Hedge Fund Activity: Q3 2025 in Review
240 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Vertex (VERX) for Q3 2025, worth a combined $2.12B — down 29% from $2.97B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of VERX and 34 opened new positions — a net loss of 27 holders — while 95 trimmed existing stakes and 86 added.
The largest buyer was Brown Advisory, opening a new position worth an estimated $89.3M. The largest seller was Capital World Investors, exiting entirely with an estimated $77.5M sold.
- 240 institutional investors held Vertex (VERX) as of Q3 2025, down from 270 in Q2 2025.
- Funds reported $2.12B of Vertex stock for Q3 2025, down 29% quarter-over-quarter.
- 34 funds opened new Vertex positions in Q3 2025 and 61 closed out, a net change of -27 holders.
- The largest Vertex buyer in Q3 2025 was Brown Advisory, an estimated $89.3M added.
- The largest Vertex seller in Q3 2025 was Capital World Investors, an estimated $77.5M sold.
Based on aggregated 13F filings for Q3 2025.