Verra Mobility
VRRM
237 hedge funds and large institutions have $3.43B invested in Verra Mobility in 2023 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 78 increasing their positions, 87 reducing their positions, and 34 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
21% more capital inflows, than outflows
Capital inflows: $358M | Capital outflows: $295M
18% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 34
2% more funds holding
Funds holding: 232 → 237 (+5)
5% less call options, than puts
Call options by funds: $10.9M | Put options by funds: $11.5M
10% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 87
12.06% less ownership
Funds ownership: 114.65% → 102.59% (-12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$127M |
| 2 |
Platinum Equity Advisors
Beverly Hills,
California
|
+$44.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$24.8M |
| 5 |
J. Goldman & Co
New York
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM Grosvenor Holdings
Chicago,
Illinois
|
-$96.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$30.4M |
| 3 |
Scopia Capital Management
New York
|
-$24.7M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$21.7M |
| 5 |
Darlington Partners Capital Management
Greenbrae,
California
|
-$13.3M |
VRRM Hedge Fund Activity: Q2 2023 in Review
237 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Verra Mobility (VRRM) for Q2 2023, worth a combined $3.43B — up 18% from $2.89B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new VRRM positions and 34 closed out — a net gain of 6 holders — while 78 added to existing stakes and 87 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $127M. The largest seller was GCM Grosvenor Holdings, exiting entirely with an estimated $96.9M sold.
- 237 institutional investors held Verra Mobility (VRRM) as of Q2 2023, up from 232 in Q1 2023.
- Funds reported $3.43B of Verra Mobility stock for Q2 2023, up 18% quarter-over-quarter.
- 40 funds opened new Verra Mobility positions in Q2 2023 and 34 closed out, a net change of +6 holders.
- The largest Verra Mobility buyer in Q2 2023 was T. Rowe Price Associates, an estimated $127M added.
- The largest Verra Mobility seller in Q2 2023 was GCM Grosvenor Holdings, an estimated $96.9M sold.
Based on aggregated 13F filings for Q2 2023.