Vertex
VERX
100 hedge funds and large institutions have $982M invested in Vertex in 2020 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 33 increasing their positions, 23 reducing their positions, and 22 closing their positions.
70% more capital invested
Capital invested by funds: $578M → $982M (+$404M)
45% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 22
43% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 23
14.47% more ownership
Funds ownership: 95.26% → 109.73% (+14%)
10% more funds holding
Funds holding: 91 → 100 (+9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$70M |
| 2 |
Neuberger Berman Group
New York
|
+$56.2M |
| 3 |
JP Morgan Chase
New York
|
+$30.8M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$13M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$27.7M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$18M |
| 3 |
BlackRock
New York
|
-$8.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$7.71M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$6.12M |
VERX Hedge Fund Activity: Q4 2020 in Review
100 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Vertex (VERX) for Q4 2020, worth a combined $982M — up 70% from $578M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new VERX positions and 22 closed out — a net gain of 10 holders — while 33 added to existing stakes and 23 trimmed.
The largest buyer was Conestoga Capital Advisors, opening a new position worth an estimated $70M. The largest seller was AllianceBernstein, exiting entirely with an estimated $27.7M sold.
- 100 institutional investors held Vertex (VERX) as of Q4 2020, up from 91 in Q3 2020.
- Funds reported $982M of Vertex stock for Q4 2020, up 70% quarter-over-quarter.
- 32 funds opened new Vertex positions in Q4 2020 and 22 closed out, a net change of +10 holders.
- The largest Vertex buyer in Q4 2020 was Conestoga Capital Advisors, an estimated $70M added.
- The largest Vertex seller in Q4 2020 was AllianceBernstein, an estimated $27.7M sold.
Based on aggregated 13F filings for Q4 2020.