Verra Mobility
VRRM
28 hedge funds and large institutions have $306M invested in Verra Mobility in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 6 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
1% more capital invested
Capital invested by funds: $304M → $306M (+$1.84M)
15% less funds holding
Funds holding: 33 → 28 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KC
Kepos Capital
New York
|
+$15.1M |
| 2 |
GCL
Glazer Capital LLC
New York
|
+$2.99M |
| 3 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
+$1.49M |
| 4 |
WSL
Western Standard LLC
Los Angeles,
California
|
+$383K |
| 5 |
Morgan Stanley
New York
|
+$38K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$6.97M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.96M |
| 3 |
CI
Cowen Inc
New York
|
-$2.77M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.21M |
| 5 |
MAM
Myriad Asset Management
North Point,
Hong Kong
|
-$1.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
26
GAMCO Investors
Greenwich,
Connecticut
| $244K | +$1.99K | +200 | +0.8% |
|
|
27
Morgan Stanley
New York
| $40K | +$38K | +3,814 | +2,804% |
|
28
UBS Group
Zurich,
Switzerland
| $17K | +$9.96K | +1,000 | +154% |
|
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2.96M | -297,340 | Closed |
|
|
CI
30
Cowen Inc
New York
| – | -$2.77M | -279,059 | Closed |
|
|
MAM
31
Myriad Asset Management
North Point,
Hong Kong
| – | -$1.49M | -150,000 | Closed |
|
|
PGC
32
Pacific Grove Capital
San Francisco,
California
| – | -$1.39M | -139,413 | Closed |
|
|
MSU
33
Mizuho Securities USA
New York
| – | -$280K | -28,240 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$3K | -276 | Closed |
|
VRRM Hedge Fund Activity: Q1 2018 in Review
28 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Verra Mobility (VRRM) for Q1 2018, worth a combined $306M — up 0.6% from $304M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of VRRM and 1 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was Kepos Capital, opening a new position worth an estimated $15.1M. The largest seller was HGC Investment Management, cutting an estimated $6.97M.
- 28 institutional investors held Verra Mobility (VRRM) as of Q1 2018, down from 33 in Q4 2017.
- Funds reported $306M of Verra Mobility stock for Q1 2018, up 0.6% quarter-over-quarter.
- 1 fund opened new Verra Mobility positions in Q1 2018 and 6 closed out, a net change of -5 holders.
- The largest Verra Mobility buyer in Q1 2018 was Kepos Capital, an estimated $15.1M added.
- The largest Verra Mobility seller in Q1 2018 was HGC Investment Management, an estimated $6.97M sold.
Based on aggregated 13F filings for Q1 2018.