Virco
VIRC
27 hedge funds and large institutions have $17.7M invested in Virco in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 5 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
4% less capital invested
Capital invested by funds: $18.4M → $17.7M (-$712K)
10% less funds holding
Funds holding: 30 → 27 (-3)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$206K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$68.6K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$41.4K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$24.1K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$8.75K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$77K |
| 2 |
Morgan Stanley
New York
|
-$50K |
| 3 |
Goldman Sachs
New York
|
-$47K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$34K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$29.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $1K | +$867 | +198 | New |
|
|
SKK
27
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$77K | -17,605 | Closed |
|
|
28
Morgan Stanley
New York
| – | -$50K | -11,400 | Closed |
|
|
29
Goldman Sachs
New York
| – | -$47K | -10,785 | Closed |
|
|
30
UBS Group
Zurich,
Switzerland
| – | -$34K | -7,881 | Closed |
|
VIRC Hedge Fund Activity: Q3 2016 in Review
27 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Virco (VIRC) for Q3 2016, worth a combined $17.7M — down 3.9% from $18.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of VIRC and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Renaissance Technologies, adding an estimated $206K. The largest seller was Shepherd Kaplan Krochuk, exiting entirely with an estimated $77K sold.
- 27 institutional investors held Virco (VIRC) as of Q3 2016, down from 30 in Q2 2016.
- Funds reported $17.7M of Virco stock for Q3 2016, down 3.9% quarter-over-quarter.
- 2 funds opened new Virco positions in Q3 2016 and 5 closed out, a net change of -3 holders.
- The largest Virco buyer in Q3 2016 was Renaissance Technologies, an estimated $206K added.
- The largest Virco seller in Q3 2016 was Shepherd Kaplan Krochuk, an estimated $77K sold.
Based on aggregated 13F filings for Q3 2016.