Verra Mobility
VRRM
44 hedge funds and large institutions have $534M invested in Verra Mobility in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 18 closing their positions.
600% more funds holding in top 10
Funds holding in top 10: 1 → 7 (+6)
44% more capital invested
Capital invested by funds: $370M → $534M (+$163M)
35.09% more ownership
Funds ownership: 0% → 35.09% (+35%)
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
7% more funds holding
Funds holding: 41 → 44 (+3)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$77.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$49M |
| 3 |
GH
Grosvenor Holdings
Chicago,
Illinois
|
+$43.8M |
| 4 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$38.4M |
| 5 |
CPM
Crescent Park Management
East Palo Alto,
California
|
+$23.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GL
Governors Lane
New York
|
-$26.6M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$21.4M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$17.3M |
| 4 |
KC
Kepos Capital
New York
|
-$16.1M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$13.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LA
51
Linden Advisors
New York
| – | -$3.91M | -367,971 | Closed |
|
|
BCM
52
Bluefin Capital Management
New York
| – | -$3.48M | -327,338 | Closed |
|
|
HIM
53
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$2.69M | -253,728 | Closed |
|
|
PC
54
Periscope Capital
Toronto,
Ontario, Canada
| – | -$1.18M | -110,800 | Closed |
|
|
DAM
55
Deltec Asset Management
New York
| – | -$1.06M | -100,000 | Closed |
|
56
Walleye Trading
New York
| – | -$988K | -93,000 | Closed |
|
|
PGC
57
Pacific Grove Capital
San Francisco,
California
| – | -$702 | -66,110 | Closed |
|
|
GI
58
GAMCO Investors
Greenwich,
Connecticut
| – | -$259K | -24,400 | Closed |
|
|
EVC
59
Eidelman Virant Capital
Saint Louis,
Missouri
| – | -$212K | -20,000 | Closed |
|
|
WAM
60
Wolverine Asset Management
Chicago,
Illinois
| – | -$7.18K | -712 | -96% |
|
|
RFC
61
Regions Financial Corp
Birmingham,
Alabama
| – | -$7K | -685 | Closed |
|
|
SPIA
62
Steward Partners Investment Advisory
New York
| – | -$6K | -550 | Closed |
|
VRRM Hedge Fund Activity: Q4 2018 in Review
44 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Verra Mobility (VRRM) for Q4 2018, worth a combined $534M — up 44% from $370M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new VRRM positions and 18 closed out — a net gain of 3 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $77.8M. The largest seller was Governors Lane, exiting entirely with an estimated $26.6M sold.
- 44 institutional investors held Verra Mobility (VRRM) as of Q4 2018, up from 41 in Q3 2018.
- Funds reported $534M of Verra Mobility stock for Q4 2018, up 44% quarter-over-quarter.
- 21 funds opened new Verra Mobility positions in Q4 2018 and 18 closed out, a net change of +3 holders.
- The largest Verra Mobility buyer in Q4 2018 was Vanguard Group, an estimated $77.8M added.
- The largest Verra Mobility seller in Q4 2018 was Governors Lane, an estimated $26.6M sold.
Based on aggregated 13F filings for Q4 2018.