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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.

New
Increased
Maintained
Reduced
Closed

0.19% less ownership

Funds ownership: 1.49%1.3% (-0.19%)

2% less funds holding

Funds holding: 9290 (-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: 10 (-1)

Holders
90
Holders Change
-2
Holders Change %
-2.17%
% of All Funds
2.61%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
14
Increased
23
Reduced
32
Closed
16
Calls
$23.1M
Puts
$29.3M
Net Calls
-$6.26M
Net Calls Change
+$24.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$15.2M -$191K -712 -0.6%
BIT
2
BlackRock Institutional Trust
California
$7.7M +$1.1M +4,118 +7%
EC
3
Eminence Capital
New York
$6.48M +$14.5M +54,011 New
BFA
4
BlackRock Fund Advisors
California
$6.24M -$553K -2,062 -4%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$5.44M +$3.94M +14,685 +48%
BL
6
Bolton LP
Connecticut
$4.5M -$1.59M -5,918 -14%
First Trust Advisors
7
First Trust Advisors
Illinois
$4.34M -$871K -3,248 -8%
State Street
8
State Street
Massachusetts
$4.24M -$423K -1,577 -4%
Northern Trust
9
Northern Trust
Illinois
$2.9M -$321K -1,198 -5%
Morgan Stanley
10
Morgan Stanley
New York
$2.45M -$1.23M -4,576 -18%
Norges Bank
11
Norges Bank
Norway
$1.96M -$4.37M -16,289 -50%
Goldman Sachs
12
Goldman Sachs
New York
$1.43M +$1.55M +5,777 +95%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$1.32M +$14.5K +54 +0.5%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$1.25M +$25.2K +94 +0.9%
Bank of America
15
Bank of America
North Carolina
$1.05M +$844K +3,149 +56%
TCIM
16
TIAA CREF Investment Management
New York
$958K -$19K -71 -0.9%
CI
17
Cowen Inc
New York
$851K +$1.25M +4,661 +192%
BIM
18
BlackRock Investment Management
Delaware
$712K +$27.6K +103 +2%
Charles Schwab
19
Charles Schwab
California
$686K +$31.4K +117 +2%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$623K +$976K +3,641 +236%
California State Teachers Retirement System (CalSTRS)
21
California State Teachers Retirement System (CalSTRS)
California
$471K +$11.3K +42 +1%
CS
22
Credit Suisse
Switzerland
$459K -$7.78K -29 -0.8%
CC
23
Cannell & Co
New York
$449K -$9.66M -36,033 -91%
Wells Fargo
24
Wells Fargo
California
$425K +$45K +168 +5%
Barclays
25
Barclays
United Kingdom
$418K -$3.18M -11,844 -77%

VHC Hedge Fund Activity: Q3 2014 in Review

90 of the 3,446 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.