Vertex
VERX
84 hedge funds and large institutions have $491M invested in Vertex in 2021 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 29 increasing their positions, 18 reducing their positions, and 10 closing their positions.
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
61% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 18
11% more funds holding
Funds holding: 76 → 84 (+8)
11% less capital invested
Capital invested by funds: $554M → $491M (-$63.3M)
28.19% less ownership
Funds ownership: 92.04% → 63.84% (-28%)
89% less call options, than puts
Call options by funds: $2K | Put options by funds: $19K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$34.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.3M |
| 3 |
Comerica Bank
Dallas,
Texas
|
+$4.99M |
| 4 |
Neuberger Berman Group
New York
|
+$4.29M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$58.8M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$9.48M |
| 3 |
SCM
Segantii Capital Management
Hong Kong
|
-$6.58M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.77M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.6M |
VERX Hedge Fund Activity: Q3 2021 in Review
84 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Vertex (VERX) for Q3 2021, worth a combined $491M — down 11% from $554M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new VERX positions and 10 closed out — a net gain of 9 holders — while 29 added to existing stakes and 18 trimmed.
The largest buyer was Fred Alger Management, adding an estimated $34.1M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $58.8M sold.
- 84 institutional investors held Vertex (VERX) as of Q3 2021, up from 76 in Q2 2021.
- Funds reported $491M of Vertex stock for Q3 2021, down 11% quarter-over-quarter.
- 19 funds opened new Vertex positions in Q3 2021 and 10 closed out, a net change of +9 holders.
- The largest Vertex buyer in Q3 2021 was Fred Alger Management, an estimated $34.1M added.
- The largest Vertex seller in Q3 2021 was Massachusetts Financial Services, an estimated $58.8M sold.
Based on aggregated 13F filings for Q3 2021.