Verra Mobility
VRRM
67 hedge funds and large institutions have $781M invested in Verra Mobility in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 5 closing their positions.
460% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 5
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
52% more funds holding
Funds holding: 44 → 67 (+23)
46% more capital invested
Capital invested by funds: $534M → $781M (+$247M)
7.58% more ownership
Funds ownership: 35.09% → 42.68% (+7.6%)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$63.1M |
| 2 |
Millennium Management
New York
|
+$27.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$12.2M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$7.19M |
| 5 |
Goldman Sachs
New York
|
+$7.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$8.59M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$6.73M |
| 3 |
MCM
Moore Capital Management
New York
|
-$5.17M |
| 4 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$4.23M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$3.62M |
VRRM Hedge Fund Activity: Q1 2019 in Review
67 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Verra Mobility (VRRM) for Q1 2019, worth a combined $781M — up 46% from $534M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new VRRM positions and 5 closed out — a net gain of 23 holders — while 23 added to existing stakes and 12 trimmed.
The largest buyer was Bank of America, opening a new position worth an estimated $63.1M. The largest seller was ACK Asset Management, cutting an estimated $8.59M.
- 67 institutional investors held Verra Mobility (VRRM) as of Q1 2019, up from 44 in Q4 2018.
- Funds reported $781M of Verra Mobility stock for Q1 2019, up 46% quarter-over-quarter.
- 28 funds opened new Verra Mobility positions in Q1 2019 and 5 closed out, a net change of +23 holders.
- The largest Verra Mobility buyer in Q1 2019 was Bank of America, an estimated $63.1M added.
- The largest Verra Mobility seller in Q1 2019 was ACK Asset Management, an estimated $8.59M sold.
Based on aggregated 13F filings for Q1 2019.