Vera Bradley
VRA
127 hedge funds and large institutions have $859M invested in Vera Bradley in 2014 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 37 increasing their positions, 44 reducing their positions, and 17 closing their positions.
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
45% more call options, than puts
Call options by funds: $34.1M | Put options by funds: $23.4M
12% more capital invested
Capital invested by funds: $767M → $859M (+$91.5M)
9% more funds holding
Funds holding: 116 → 127 (+11)
16% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
+$71.1M |
| 2 |
JP Morgan Chase
New York
|
+$34.6M |
| 3 |
Two Sigma Investments
New York
|
+$9.06M |
| 4 |
GAM
Gotham Asset Management
New York
|
+$6.94M |
| 5 |
D.E. Shaw & Co
New York
|
+$5.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$45.6M |
| 2 |
RA
Royce & Associates
New York
|
-$34.4M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$24.1M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$12.9M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$12.7M |
VRA Hedge Fund Activity: Q1 2014 in Review
127 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Vera Bradley (VRA) for Q1 2014, worth a combined $859M — up 12% from $767M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new VRA positions and 17 closed out — a net gain of 12 holders — while 37 added to existing stakes and 44 trimmed.
The largest buyer was Daruma Capital Management, opening a new position worth an estimated $71.1M. The largest seller was Fidelity Investments, cutting an estimated $45.6M.
- 127 institutional investors held Vera Bradley (VRA) as of Q1 2014, up from 116 in Q4 2013.
- Funds reported $859M of Vera Bradley stock for Q1 2014, up 12% quarter-over-quarter.
- 29 funds opened new Vera Bradley positions in Q1 2014 and 17 closed out, a net change of +12 holders.
- The largest Vera Bradley buyer in Q1 2014 was Daruma Capital Management, an estimated $71.1M added.
- The largest Vera Bradley seller in Q1 2014 was Fidelity Investments, an estimated $45.6M sold.
Based on aggregated 13F filings for Q1 2014.