Virtu Financial
VIRT
156 hedge funds and large institutions have $1.51B invested in Virtu Financial in 2018 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 71 increasing their positions, 43 reducing their positions, and 64 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 43
10% less call options, than puts
Call options by funds: $6.66M | Put options by funds: $7.37M
14.5% less ownership
Funds ownership: 112.69% → 98.19% (-15%)
20% less funds holding
Funds holding: 194 → 156 (-38)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
45% less capital invested
Capital invested by funds: $2.74B → $1.51B (-$1.22B)
56% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$75.1M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$23.1M |
| 3 |
RA
Royce & Associates
New York
|
+$17.3M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$12.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highline Capital Management
New York
|
-$51.8M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$15.5M |
| 3 |
Renaissance Technologies
New York
|
-$10.1M |
| 4 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
-$9.92M |
| 5 |
Morgan Stanley
New York
|
-$8.14M |
VIRT Hedge Fund Activity: Q3 2018 in Review
156 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Virtu Financial (VIRT) for Q3 2018, worth a combined $1.51B — down 45% from $2.74B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of VIRT and 28 opened new positions — a net loss of 36 holders — while 43 trimmed existing stakes and 71 added.
The largest buyer was Fidelity Investments, adding an estimated $75.1M. The largest seller was Highline Capital Management, exiting entirely with an estimated $51.8M sold.
- 156 institutional investors held Virtu Financial (VIRT) as of Q3 2018, down from 194 in Q2 2018.
- Funds reported $1.51B of Virtu Financial stock for Q3 2018, down 45% quarter-over-quarter.
- 28 funds opened new Virtu Financial positions in Q3 2018 and 64 closed out, a net change of -36 holders.
- The largest Virtu Financial buyer in Q3 2018 was Fidelity Investments, an estimated $75.1M added.
- The largest Virtu Financial seller in Q3 2018 was Highline Capital Management, an estimated $51.8M sold.
Based on aggregated 13F filings for Q3 2018.