Virtu Financial
VIRT
245 hedge funds and large institutions have $2.59B invested in Virtu Financial in 2020 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 94 increasing their positions, 69 reducing their positions, and 45 closing their positions.
59% more call options, than puts
Call options by funds: $27.3M | Put options by funds: $17.2M
36% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 69
13% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 45
2% more funds holding
Funds holding: 241 → 245 (+4)
4.86% less ownership
Funds ownership: 97.39% → 92.53% (-4.9%)
7% less capital invested
Capital invested by funds: $2.77B → $2.59B (-$181M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$88.7M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$30.5M |
| 3 |
Renaissance Technologies
New York
|
+$28M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.2M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$275M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$53.7M |
| 3 |
CCM
CAAS Capital Management
New York
|
-$38.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$18.3M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
-$12.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Parallax Volatility Advisers
San Francisco,
California
| – | -$139K | -5,893 | Closed |
|
277
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$125K | -5,297 | Closed |
|
|
FC
278
FORA Capital
Miami,
Florida
| – | -$90K | -3,815 | Closed |
|
|
EWM
279
Endurance Wealth Management
Providence,
Rhode Island
| – | -$24K | -1,000 | Closed |
|
|
VFA
280
Valeo Financial Advisors
Carmel,
Indiana
| – | -$11K | -464 | Closed |
|
|
CFG
281
Citizens Financial Group
Providence,
Rhode Island
| – | -$2K | -78 | Closed |
|
|
CHA
282
Carmichael Hill & Associates
Gaithersburg,
Maryland
| – | -$2K | -70 | Closed |
|
|
OPS
283
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$2K | -66 | Closed |
|
|
CCA
284
Column Capital Advisors
Indianapolis,
Indiana
| – | -$1K | -46 | Closed |
|
|
GWMIA
285
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$1K | -31 | Closed |
|
|
EWA
286
Evolution Wealth Advisors
Aventura,
Florida
| – | +$125 | +5 | New |
|
|
PFGIA
287
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | +$226 | +9 | +900% |
|
VIRT Hedge Fund Activity: Q3 2020 in Review
245 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Virtu Financial (VIRT) for Q3 2020, worth a combined $2.59B — down 6.5% from $2.77B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new VIRT positions and 45 closed out — a net gain of 6 holders — while 94 added to existing stakes and 69 trimmed.
The largest buyer was Vanguard Group, adding an estimated $88.7M. The largest seller was Public Sector Pension Investment Board (PSP Investments), exiting entirely with an estimated $275M sold.
- 245 institutional investors held Virtu Financial (VIRT) as of Q3 2020, up from 241 in Q2 2020.
- Funds reported $2.59B of Virtu Financial stock for Q3 2020, down 6.5% quarter-over-quarter.
- 51 funds opened new Virtu Financial positions in Q3 2020 and 45 closed out, a net change of +6 holders.
- The largest Virtu Financial buyer in Q3 2020 was Vanguard Group, an estimated $88.7M added.
- The largest Virtu Financial seller in Q3 2020 was Public Sector Pension Investment Board (PSP Investments), an estimated $275M sold.
Based on aggregated 13F filings for Q3 2020.