Verra Mobility
VRRM
34 hedge funds and large institutions have $328M invested in Verra Mobility in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
21% more funds holding
Funds holding: 28 → 34 (+6)
7% more capital invested
Capital invested by funds: $306M → $328M (+$22.1M)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
+$20.3M |
| 2 |
CI
Cowen Inc
New York
|
+$7.85M |
| 3 |
GCL
Glazer Capital LLC
New York
|
+$5.49M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$5.13M |
| 5 |
BCM
Bluefin Capital Management
New York
|
+$5.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$20.1M |
| 2 |
MCM
Moore Capital Management
New York
|
-$4.03M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.5M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$1.53M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DAM
26
Deltec Asset Management
New York
| $1.02M | – | – | – |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $921K | -$25.2K | -2,500 | -3% |
|
|
PGC
28
Pacific Grove Capital
San Francisco,
California
| $634K | +$629K | +62,423 | New |
|
|
GI
29
GAMCO Investors
Greenwich,
Connecticut
| $248K | – | – | – |
|
|
CI
30
Cowen Inc
New York
| $7.91K | +$7.85M | +779,214 | New |
|
31
Morgan Stanley
New York
| $5K | -$35.2K | -3,492 | -88% |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $3K | +$2.78K | +276 | New |
|
|
SPIA
33
Steward Partners Investment Advisory
New York
| $3K | +$3.02K | +300 | New |
|
34
UBS Group
Zurich,
Switzerland
| $2K | -$15.1K | -1,500 | -91% |
|
|
35
Alyeska Investment Group
Chicago,
Illinois
| – | -$20.1M | -2,000,004 | Closed |
|
|
PAMP
36
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$3.2M | -319,700 | Closed |
|
|
WSL
37
Western Standard LLC
Los Angeles,
California
| – | -$1.28M | -128,505 | Closed |
|
VRRM Hedge Fund Activity: Q2 2018 in Review
34 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Verra Mobility (VRRM) for Q2 2018, worth a combined $328M — up 7.2% from $306M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new VRRM positions and 3 closed out — a net gain of 6 holders — while 5 added to existing stakes and 11 trimmed.
The largest buyer was Davidson Kempner Capital Management, opening a new position worth an estimated $20.3M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $20.1M sold.
- 34 institutional investors held Verra Mobility (VRRM) as of Q2 2018, up from 28 in Q1 2018.
- Funds reported $328M of Verra Mobility stock for Q2 2018, up 7.2% quarter-over-quarter.
- 9 funds opened new Verra Mobility positions in Q2 2018 and 3 closed out, a net change of +6 holders.
- The largest Verra Mobility buyer in Q2 2018 was Davidson Kempner Capital Management, an estimated $20.3M added.
- The largest Verra Mobility seller in Q2 2018 was Alyeska Investment Group, an estimated $20.1M sold.
Based on aggregated 13F filings for Q2 2018.