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88 hedge funds and large institutions have $399M invested in Vertex in 2021 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 34 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 10

5% more funds holding

Funds holding: 8488 (+4)

2.07% less ownership

Funds ownership: 63.84%61.77% (-2.1%)

19% less capital invested

Capital invested by funds: $491M → $399M (-$91.6M)

26% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 34

Holders
88
Holders Change
+4
Holders Change %
+4.76%
% of All Funds
1.35%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
25
Reduced
34
Closed
10
Calls
$11K
Puts
Net Calls
+$11K
Net Calls Change
+$28K
Name Holding Trade Value Shares
Change
Change in
Stake
FAM
1
Fred Alger Management
New York
$66M -$2.03M -107,369 -3%
Neuberger Berman Group
2
Neuberger Berman Group
New York
$54.3M -$2.16M -113,890 -3%
CCA
3
Conestoga Capital Advisors
Pennsylvania
$53M +$12.6M +664,495 +25%
Vanguard Group
4
Vanguard Group
Pennsylvania
$41.6M +$4.43M +233,929 +10%
JP Morgan Chase
5
JP Morgan Chase
New York
$41.5M -$2.79M -147,324 -5%
TCM
6
TimesSquare Capital Management
New York
$16.6M +$330K +17,400 +2%
William Blair Investment Management
7
William Blair Investment Management
Illinois
$13.6M +$165K +8,719 +1%
TCM
8
Tensile Capital Management
California
$11.9M -$1.4M -73,821 -9%
ACH
9
ArrowMark Colorado Holdings
Colorado
$9.66M -$3.03M -160,001 -21%
BlackRock
10
BlackRock
New York
$8.58M +$1.7M +89,959 +20%
PCM
11
Palisade Capital Management
New Jersey
$8.38M +$10M +528,282 New
Tiger Global Management
12
Tiger Global Management
New York
$5.16M
Nordea Investment Management
13
Nordea Investment Management
Sweden
$4.92M -$180K -9,503 -3%
Bank of America
14
Bank of America
North Carolina
$4.62M -$593K -31,288 -10%
WHP
15
Washington Harbour Partners
Virginia
$4.31M +$5.15M +271,619 New
Geode Capital Management
16
Geode Capital Management
Massachusetts
$4.24M +$272K +14,336 +6%
Ameriprise
17
Ameriprise
Minnesota
$3.84M -$52.8K -2,787 -1%
State Street
18
State Street
Massachusetts
$3.75M -$1.11M -58,652 -20%
Comerica Bank
19
Comerica Bank
Texas
$3.48M -$4.35M -229,377 -47%
Mirae Asset Global Investments
20
Mirae Asset Global Investments
South Korea
$2.94M +$138K +7,282 +4%
HIM
21
Herald Investment Management
United Kingdom
$2.38M
IECM
22
Intrinsic Edge Capital Management
Illinois
$2.31M +$1.89M +100,000 +221%
Morgan Stanley
23
Morgan Stanley
New York
$2.01M -$290K -15,304 -11%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$2M -$1.46K -77 -0.1%
New York State Common Retirement Fund
25
New York State Common Retirement Fund
New York
$1.98M +$2.37M +124,900 New

VERX Hedge Fund Activity: Q4 2021 in Review

88 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Vertex (VERX) for Q4 2021, worth a combined $399M — down 19% from $491M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new VERX positions and 10 closed out — a net gain of 4 holders — while 25 added to existing stakes and 34 trimmed.

The largest buyer was Conestoga Capital Advisors, adding an estimated $12.6M. The largest seller was Capital International Investors, exiting entirely with an estimated $27.3M sold.

  • 88 institutional investors held Vertex (VERX) as of Q4 2021, up from 84 in Q3 2021.
  • Funds reported $399M of Vertex stock for Q4 2021, down 19% quarter-over-quarter.
  • 14 funds opened new Vertex positions in Q4 2021 and 10 closed out, a net change of +4 holders.
  • The largest Vertex buyer in Q4 2021 was Conestoga Capital Advisors, an estimated $12.6M added.
  • The largest Vertex seller in Q4 2021 was Capital International Investors, an estimated $27.3M sold.

Based on aggregated 13F filings for Q4 2021.