Verra Mobility
VRRM
252 hedge funds and large institutions have $4.31B invested in Verra Mobility in 2024 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 83 increasing their positions, 92 reducing their positions, and 33 closing their positions.
21% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 33
10% more capital invested
Capital invested by funds: $3.93B → $4.31B (+$383M)
2% more funds holding
Funds holding: 246 → 252 (+6)
1.73% more ownership
Funds ownership: 102.5% → 104.22% (+1.7%)
10% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 92
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
17% less call options, than puts
Call options by funds: $6.77M | Put options by funds: $8.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$80.4M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$71.9M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$33M |
| 4 |
Lazard Asset Management
New York
|
+$21.1M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$20.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DPCM
Darlington Partners Capital Management
Greenbrae,
California
|
-$83.1M |
| 2 |
Morgan Stanley
New York
|
-$34.3M |
| 3 |
SM
Sunriver Management
Greenwich,
Connecticut
|
-$16.3M |
| 4 |
BGC
Blue Grotto Capital
Atlanta,
Georgia
|
-$13.2M |
| 5 |
SIC
Schwartz Investment Counsel
Plymouth,
Michigan
|
-$11.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
276
Gotham Asset Management
New York
| – | -$228K | -9,880 | Closed |
|
|
PMEF
277
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$183K | -7,964 | Closed |
|
278
Point72 Asset Management
Stamford,
Connecticut
| – | -$170K | -7,400 | Closed |
|
|
SWS
279
SYSTM Wealth Solutions
Chicago,
Illinois
| – | -$60.8K | -2,638 | Closed |
|
|
WTG
280
West Tower Group
Richmond,
Virginia
| – | -$37.5K | -1,630 | Closed |
|
|
JFGIW
281
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$16K | -696 | Closed |
|
|
ASN
282
Advisory Services Network
Atlanta,
Georgia
| – | -$11.7K | -510 | Closed |
|
283
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9.03K | -392 | Closed |
|
|
GWS
284
Glassman Wealth Services
Vienna,
Virginia
| – | -$1.75K | -76 | Closed |
|
|
AF
285
Advisornet Financial
Minnetonka,
Minnesota
| – | -$898 | -39 | Closed |
|
VRRM Hedge Fund Activity: Q1 2024 in Review
252 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Verra Mobility (VRRM) for Q1 2024, worth a combined $4.31B — up 9.7% from $3.93B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new VRRM positions and 33 closed out — a net gain of 7 holders — while 83 added to existing stakes and 92 trimmed.
The largest buyer was T. Rowe Price Investment Management, opening a new position worth an estimated $80.4M. The largest seller was Darlington Partners Capital Management, cutting an estimated $83.1M.
- 252 institutional investors held Verra Mobility (VRRM) as of Q1 2024, up from 246 in Q4 2023.
- Funds reported $4.31B of Verra Mobility stock for Q1 2024, up 9.7% quarter-over-quarter.
- 40 funds opened new Verra Mobility positions in Q1 2024 and 33 closed out, a net change of +7 holders.
- The largest Verra Mobility buyer in Q1 2024 was T. Rowe Price Investment Management, an estimated $80.4M added.
- The largest Verra Mobility seller in Q1 2024 was Darlington Partners Capital Management, an estimated $83.1M sold.
Based on aggregated 13F filings for Q1 2024.