VirnetX Holding Corp
90 hedge funds and large institutions have $80M invested in VirnetX Holding Corp in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 32 reducing their positions, and 16 closing their positions.
0.19% less ownership
Funds ownership: 1.49% → 1.3% (-0.19%)
2% less funds holding
Funds holding: 92 → 90 (-2)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
21% less call options, than puts
Call options by funds: $23.1M | Put options by funds: $29.3M
28% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 32
70% less capital invested
Capital invested by funds: $269M → $80M (-$189M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$14.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.94M |
| 3 |
Goldman Sachs
New York
|
+$1.55M |
| 4 |
CI
Cowen Inc
New York
|
+$1.25M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell & Co
New York
|
-$9.66M |
| 2 |
SC
Sculptor Capital
New York
|
-$9.46M |
| 3 |
EWA
EP Wealth Advisors
Torrance,
California
|
-$8.51M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$4.37M |
| 5 |
WJA
Williams Jones & Associates
New York
|
-$3.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Prudential Financial
Newark,
New Jersey
| – | -$221K | -627 | Closed |
|
|
PCM
102
Prelude Capital Management
New York
| – | -$211K | -600 | Closed |
|
|
CCT
103
Country Club Trust
Kansas City,
Missouri
| – | -$176K | -500 | Closed |
|
|
VFA
104
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$64K | -181 | Closed |
|
105
Ameriprise
Minneapolis,
Minnesota
| – | -$11.3K | -42 | -95% |
|
|
TWA
106
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -3 | Closed |
|
VHC Hedge Fund Activity: Q3 2014 in Review
90 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in VirnetX Holding Corp (VHC) for Q3 2014, worth a combined $80M — down 70% from $269M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of VHC and 14 opened new positions — a net loss of 2 holders — while 32 trimmed existing stakes and 23 added.
The largest buyer was Eminence Capital, opening a new position worth an estimated $14.5M. The largest seller was Cannell & Co, cutting an estimated $9.66M.
- 90 institutional investors held VirnetX Holding Corp (VHC) as of Q3 2014, down from 92 in Q2 2014.
- Funds reported $80M of VirnetX Holding Corp stock for Q3 2014, down 70% quarter-over-quarter.
- 14 funds opened new VirnetX Holding Corp positions in Q3 2014 and 16 closed out, a net change of -2 holders.
- The largest VirnetX Holding Corp buyer in Q3 2014 was Eminence Capital, an estimated $14.5M added.
- The largest VirnetX Holding Corp seller in Q3 2014 was Cannell & Co, an estimated $9.66M sold.
Based on aggregated 13F filings for Q3 2014.