Verra Mobility
VRRM
130 hedge funds and large institutions have $1.57B invested in Verra Mobility in 2019 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 55 increasing their positions, 32 reducing their positions, and 30 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 32
30% more capital invested
Capital invested by funds: $1.2B → $1.57B (+$362M)
10.78% more ownership
Funds ownership: 58.04% → 68.82% (+11%)
10% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 30
2% more funds holding
Funds holding: 128 → 130 (+2)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HLA
Hamilton Lane Advisors
Conshohocken,
Pennsylvania
|
+$106M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$57.9M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$28.8M |
| 4 |
BlackRock
New York
|
+$21M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Simcoe Capital Management
New York
|
-$15.8M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$14.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$12.2M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10.8M |
| 5 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$7.85M |
VRRM Hedge Fund Activity: Q3 2019 in Review
130 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Verra Mobility (VRRM) for Q3 2019, worth a combined $1.57B — up 30% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new VRRM positions and 30 closed out — a net gain of 3 holders — while 55 added to existing stakes and 32 trimmed.
The largest buyer was Hamilton Lane Advisors, opening a new position worth an estimated $106M. The largest seller was Simcoe Capital Management, exiting entirely with an estimated $15.8M sold.
- 130 institutional investors held Verra Mobility (VRRM) as of Q3 2019, up from 128 in Q2 2019.
- Funds reported $1.57B of Verra Mobility stock for Q3 2019, up 30% quarter-over-quarter.
- 33 funds opened new Verra Mobility positions in Q3 2019 and 30 closed out, a net change of +3 holders.
- The largest Verra Mobility buyer in Q3 2019 was Hamilton Lane Advisors, an estimated $106M added.
- The largest Verra Mobility seller in Q3 2019 was Simcoe Capital Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q3 2019.