Vertex
VERX
178 hedge funds and large institutions have $1.77B invested in Vertex in 2024 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 61 increasing their positions, 50 reducing their positions, and 13 closing their positions.
334% more call options, than puts
Call options by funds: $9.46M | Put options by funds: $2.18M
269% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 13
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
24% more funds holding
Funds holding: 144 → 178 (+34)
22% more capital invested
Capital invested by funds: $1.45B → $1.77B (+$325M)
22% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 50
1.43% more ownership
Funds ownership: 89.2% → 90.63% (+1.4%)
Top Buyers
Top Sellers
VERX Hedge Fund Activity: Q1 2024 in Review
178 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Vertex (VERX) for Q1 2024, worth a combined $1.77B — up 22% from $1.45B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new VERX positions and 13 closed out — a net gain of 35 holders — while 61 added to existing stakes and 50 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $26.3M. The largest seller was Legacy Advisors, cutting an estimated $29.2M.
- 178 institutional investors held Vertex (VERX) as of Q1 2024, up from 144 in Q4 2023.
- Funds reported $1.77B of Vertex stock for Q1 2024, up 22% quarter-over-quarter.
- 48 funds opened new Vertex positions in Q1 2024 and 13 closed out, a net change of +35 holders.
- The largest Vertex buyer in Q1 2024 was Franklin Resources, an estimated $26.3M added.
- The largest Vertex seller in Q1 2024 was Legacy Advisors, an estimated $29.2M sold.
Based on aggregated 13F filings for Q1 2024.