Verra Mobility
VRRM
41 hedge funds and large institutions have $370M invested in Verra Mobility in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
21% more funds holding
Funds holding: 34 → 41 (+7)
13% more capital invested
Capital invested by funds: $328M → $370M (+$42.3M)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
+$41.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$26.3M |
| 3 |
Jennison Associates
New York
|
+$21.1M |
| 4 |
SCM
Simcoe Capital Management
New York
|
+$19.1M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$21.8M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
-$19.8M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$18.7M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$14.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| – | -$3K | -276 | Closed |
|
52
UBS Group
Zurich,
Switzerland
| – | -$2K | -150 | Closed |
|
VRRM Hedge Fund Activity: Q3 2018 in Review
41 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Verra Mobility (VRRM) for Q3 2018, worth a combined $370M — up 13% from $328M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new VRRM positions and 11 closed out — a net gain of 7 holders — while 5 added to existing stakes and 12 trimmed.
The largest buyer was Fairview Capital Investment Management, opening a new position worth an estimated $41.1M. The largest seller was Glazer Capital LLC, cutting an estimated $21.8M.
- 41 institutional investors held Verra Mobility (VRRM) as of Q3 2018, up from 34 in Q2 2018.
- Funds reported $370M of Verra Mobility stock for Q3 2018, up 13% quarter-over-quarter.
- 18 funds opened new Verra Mobility positions in Q3 2018 and 11 closed out, a net change of +7 holders.
- The largest Verra Mobility buyer in Q3 2018 was Fairview Capital Investment Management, an estimated $41.1M added.
- The largest Verra Mobility seller in Q3 2018 was Glazer Capital LLC, an estimated $21.8M sold.
Based on aggregated 13F filings for Q3 2018.