Verra Mobility
VRRM
155 hedge funds and large institutions have $1.06B invested in Verra Mobility in 2020 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 55 increasing their positions, 50 reducing their positions, and 52 closing their positions.
124% more call options, than puts
Call options by funds: $1.92M | Put options by funds: $855K
10% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 50
5.86% less ownership
Funds ownership: 97.67% → 91.81% (-5.9%)
9% less funds holding
Funds holding: 171 → 155 (-16)
27% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 52
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
51% less capital invested
Capital invested by funds: $2.17B → $1.06B (-$1.11B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$72.2M |
| 2 |
FCIM
Fairview Capital Investment Management
Greenbrae,
California
|
+$69.7M |
| 3 |
PEA
Platinum Equity Advisors
Beverly Hills,
California
|
+$33.3M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$26.6M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$23.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$146M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$35.4M |
| 3 |
SM
Sunriver Management
Greenwich,
Connecticut
|
-$27.2M |
| 4 |
FA
Friess Associates
Greenville,
Delaware
|
-$20.3M |
| 5 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$19.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
201
Meeder Asset Management
Dublin,
Ohio
| – | +$160 | +12 | +71% |
|
|
QCG
202
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$160 | +12 | New |
|
|
VCM
203
Versant Capital Management
Phoenix,
Arizona
| – | +$466 | +35 | New |
|
|
WCM
204
Wealthcare Capital Management
Richmond,
Virginia
| – | +$599 | +45 | New |
|
205
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$932 | +70 | New |
|
VRRM Hedge Fund Activity: Q1 2020 in Review
155 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Verra Mobility (VRRM) for Q1 2020, worth a combined $1.06B — down 51% from $2.17B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of VRRM and 38 opened new positions — a net loss of 14 holders — while 50 trimmed existing stakes and 55 added.
The largest buyer was Fidelity International, opening a new position worth an estimated $72.2M. The largest seller was Fidelity Investments, cutting an estimated $146M.
- 155 institutional investors held Verra Mobility (VRRM) as of Q1 2020, down from 171 in Q4 2019.
- Funds reported $1.06B of Verra Mobility stock for Q1 2020, down 51% quarter-over-quarter.
- 38 funds opened new Verra Mobility positions in Q1 2020 and 52 closed out, a net change of -14 holders.
- The largest Verra Mobility buyer in Q1 2020 was Fidelity International, an estimated $72.2M added.
- The largest Verra Mobility seller in Q1 2020 was Fidelity Investments, an estimated $146M sold.
Based on aggregated 13F filings for Q1 2020.