Vertex
VERX
144 hedge funds and large institutions have $1.54B invested in Vertex in 2023 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 60 increasing their positions, 30 reducing their positions, and 13 closing their positions.
235% more call options, than puts
Call options by funds: $3.63M | Put options by funds: $1.09M
200% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 13
100% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 30
47% more capital invested
Capital invested by funds: $1.04B → $1.54B (+$493M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
20% more funds holding
Funds holding: 120 → 144 (+24)
12.8% more ownership
Funds ownership: 81.69% → 94.48% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$86.4M |
| 2 |
LA
Legacy Advisors
Plymouth Meeting,
Pennsylvania
|
+$78M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$35.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.3M |
| 5 |
VEPM
Vista Equity Partners Management
San Francisco,
California
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCM
Bryn Mawr Capital Management
Philadelphia,
Pennsylvania
|
-$25.6M |
| 2 |
TCM
Tensile Capital Management
Larkspur,
California
|
-$17.7M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$7.08M |
| 4 |
FAM
Fred Alger Management
New York
|
-$6.01M |
| 5 |
JP Morgan Chase
New York
|
-$3.95M |
VERX Hedge Fund Activity: Q4 2023 in Review
144 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Vertex (VERX) for Q4 2023, worth a combined $1.54B — up 47% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new VERX positions and 13 closed out — a net gain of 26 holders — while 60 added to existing stakes and 30 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $86.4M. The largest seller was Bryn Mawr Capital Management, cutting an estimated $25.6M.
- 144 institutional investors held Vertex (VERX) as of Q4 2023, up from 120 in Q3 2023.
- Funds reported $1.54B of Vertex stock for Q4 2023, up 47% quarter-over-quarter.
- 39 funds opened new Vertex positions in Q4 2023 and 13 closed out, a net change of +26 holders.
- The largest Vertex buyer in Q4 2023 was Neuberger Berman Group, an estimated $86.4M added.
- The largest Vertex seller in Q4 2023 was Bryn Mawr Capital Management, an estimated $25.6M sold.
Based on aggregated 13F filings for Q4 2023.