VirnetX Holding Corp
94 hedge funds and large institutions have $293M invested in VirnetX Holding Corp in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 34 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
1% more funds holding
Funds holding: 93 → 94 (+1)
0.32% less ownership
Funds ownership: 1.73% → 1.4% (-0.32%)
3% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 34
17% less capital invested
Capital invested by funds: $353M → $293M (-$60.2M)
39% less call options, than puts
Call options by funds: $51.9M | Put options by funds: $85.7M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$9.56M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.6M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.73M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.54M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$983K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
-$19.2M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$10.3M |
| 3 |
WJA
Williams Jones & Associates
New York
|
-$9.89M |
| 4 |
CCM
Cadian Capital Management
New York
|
-$9.88M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.43M |
VHC Hedge Fund Activity: Q3 2013 in Review
94 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in VirnetX Holding Corp (VHC) for Q3 2013, worth a combined $293M — down 17% from $353M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new VHC positions and 6 closed out — a net gain of 4 holders — while 33 added to existing stakes and 34 trimmed.
The largest buyer was Bank of America, adding an estimated $9.56M. The largest seller was Cowen Inc, cutting an estimated $19.2M.
- 94 institutional investors held VirnetX Holding Corp (VHC) as of Q3 2013, up from 93 in Q2 2013.
- Funds reported $293M of VirnetX Holding Corp stock for Q3 2013, down 17% quarter-over-quarter.
- 10 funds opened new VirnetX Holding Corp positions in Q3 2013 and 6 closed out, a net change of +4 holders.
- The largest VirnetX Holding Corp buyer in Q3 2013 was Bank of America, an estimated $9.56M added.
- The largest VirnetX Holding Corp seller in Q3 2013 was Cowen Inc, an estimated $19.2M sold.
Based on aggregated 13F filings for Q3 2013.