Vertex
VERX
204 hedge funds and large institutions have $2.45B invested in Vertex in 2024 Q2 according to their latest regulatory filings, with 64 funds opening new positions, 67 increasing their positions, 52 reducing their positions, and 36 closing their positions.
3,294% more call options, than puts
Call options by funds: $113M | Put options by funds: $3.34M
202% more capital inflows, than outflows
Capital inflows: $587M | Capital outflows: $195M
78% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 36
29% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 52
14.05% more ownership
Funds ownership: 90.63% → 104.68% (+14%)
14% more funds holding
Funds holding: 179 → 204 (+25)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$110M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$71.8M |
| 3 |
Geneva Capital Management
Milwaukee,
Wisconsin
|
+$33.3M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$31M |
| 5 |
Banque Pictet & Cie
Geneva 73,
Switzerland
|
+$25.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fred Alger Management
New York
|
-$15.3M |
| 2 |
Vista Equity Partners Management
San Francisco,
California
|
-$15.1M |
| 3 |
Next Century Growth Investors
Plymouth,
Minnesota
|
-$13.7M |
| 4 |
Millennium Management
New York
|
-$10.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$9.28M |
VERX Hedge Fund Activity: Q2 2024 in Review
204 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Vertex (VERX) for Q2 2024, worth a combined $2.45B — up 38% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new VERX positions and 36 closed out — a net gain of 28 holders — while 67 added to existing stakes and 52 trimmed.
The largest buyer was BlackRock, adding an estimated $110M. The largest seller was Fred Alger Management, cutting an estimated $15.3M.
- 204 institutional investors held Vertex (VERX) as of Q2 2024, up from 179 in Q1 2024.
- Funds reported $2.45B of Vertex stock for Q2 2024, up 38% quarter-over-quarter.
- 64 funds opened new Vertex positions in Q2 2024 and 36 closed out, a net change of +28 holders.
- The largest Vertex buyer in Q2 2024 was BlackRock, an estimated $110M added.
- The largest Vertex seller in Q2 2024 was Fred Alger Management, an estimated $15.3M sold.
Based on aggregated 13F filings for Q2 2024.