Vertex
VERX
129 hedge funds and large institutions have $794M invested in Vertex in 2023 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 42 increasing their positions, 27 reducing their positions, and 12 closing their positions.
27,533% more call options, than puts
Call options by funds: $10.8M | Put options by funds: $39K
258% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 12
60% more capital invested
Capital invested by funds: $497M → $794M (+$297M)
56% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 27
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more funds holding
Funds holding: 100 → 129 (+29)
8.3% more ownership
Funds ownership: 70.35% → 78.66% (+8.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$10.7M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
+$8.84M |
| 3 |
Cerity Partners
New York
|
+$7.71M |
| 4 |
Millennium Management
New York
|
+$6.61M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
+$5.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$5.13M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$4.84M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$3.5M |
| 4 |
JP Morgan Chase
New York
|
-$2.77M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$2.59M |
VERX Hedge Fund Activity: Q1 2023 in Review
129 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Vertex (VERX) for Q1 2023, worth a combined $794M — up 60% from $497M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new VERX positions and 12 closed out — a net gain of 31 holders — while 42 added to existing stakes and 27 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $10.7M. The largest seller was TimesSquare Capital Management, cutting an estimated $5.13M.
- 129 institutional investors held Vertex (VERX) as of Q1 2023, up from 100 in Q4 2022.
- Funds reported $794M of Vertex stock for Q1 2023, up 60% quarter-over-quarter.
- 43 funds opened new Vertex positions in Q1 2023 and 12 closed out, a net change of +31 holders.
- The largest Vertex buyer in Q1 2023 was Janus Henderson Group, an estimated $10.7M added.
- The largest Vertex seller in Q1 2023 was TimesSquare Capital Management, an estimated $5.13M sold.
Based on aggregated 13F filings for Q1 2023.