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VRS

VERSO CORP COM STK (DE)
VRS

Delisted

VRS was delisted on the 21st of September, 2015.

60 hedge funds and large institutions have $118M invested in VERSO CORP COM STK (DE) in 2015 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

863% more call options, than puts

Call options by funds: $414K | Put options by funds: $43K

182% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 11

57% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 7

50% more funds holding

Funds holding: 4060 (+20)

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

28% less capital invested

Capital invested by funds: $165M → $118M (-$46.7M)

Holders
60
Holders Change
+20
Holders Change %
+50%
% of All Funds
1.6%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.19%
New
31
Increased
11
Reduced
7
Closed
11
Calls
$414K
Puts
$43K
Net Calls
+$371K
Net Calls Change
-$5.09M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
26
Credit Suisse
Switzerland
$255K +$300K +123,958 +691%
USAA
27
United Services Automobile Association
Texas
$223K +$299K +123,689 New
Invesco
28
Invesco
Georgia
$203K -$108K -44,621 -28%
VFA
29
Virtus Fund Advisers
Connecticut
$192K +$258K +106,784 New
Deutsche Bank
30
Deutsche Bank
Germany
$191K -$153K -63,030 -37%
OHA
31
Oak Hill Advisors
New York
$191K +$257K +106,210 New
SC
32
Sculptor Capital
New York
$181K +$247K +102,047 New
BFM
33
Boothbay Fund Management
New York
$156K +$103K +42,758 +97%
Geode Capital Management
34
Geode Capital Management
Massachusetts
$155K
Susquehanna International Group
35
Susquehanna International Group
Pennsylvania
$141K +$189K +78,226 New
JG
36
Jefferies Group
New York
$132K +$177K +73,300 New
VKH
37
Virtu KCG Holdings
New York
$126K +$169K +70,033 New
HA
38
Havens Advisors
New York
$114K +$196K +81,150 New
BFA
39
BlackRock Fund Advisors
California
$88K -$7.97K -3,296 -6%
HCMT
40
Highland Capital Management (Texas)
Texas
$88K +$119K +49,043 New
SM
41
Scoggin Management
New York
$83K +$112K +46,384 New
BG
42
BlackRock Group
United Kingdom
$81K +$108K +44,825 New
RCM
43
Riverhead Capital Management
Delaware
$68K +$91.3K +37,725 New
Morgan Stanley
44
Morgan Stanley
New York
$64K -$12.6K -5,219 -13%
Northern Trust
45
Northern Trust
Illinois
$52K -$3.5K -1,447 -5%
QOP
46
Quinn Opportunity Partners
Virginia
$45K
RCM
47
Rotella Capital Management
Washington
$42K +$55.9K +23,100 New
Millennium Management
48
Millennium Management
New York
$40K +$53.4K +22,063 New
PPA
49
Parametric Portfolio Associates
Washington
$37K
ICAS
50
Investors Capital Advisory Services
Massachusetts
$36K

VRS Hedge Fund Activity: Q1 2015 in Review

60 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in VERSO CORP COM STK (DE) (VRS) for Q1 2015, worth a combined $118M — down 28% from $165M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new VRS positions and 11 closed out — a net gain of 20 holders — while 11 added to existing stakes and 7 trimmed.

The largest buyer was Contrarian Capital Management, opening a new position worth an estimated $8.23M. The largest seller was Ellis Lake Capital, exiting entirely with an estimated $4.71M sold.

  • 60 institutional investors held VERSO CORP COM STK (DE) (VRS) as of Q1 2015, up from 40 in Q4 2014.
  • Funds reported $118M of VERSO CORP COM STK (DE) stock for Q1 2015, down 28% quarter-over-quarter.
  • 31 funds opened new VERSO CORP COM STK (DE) positions in Q1 2015 and 11 closed out, a net change of +20 holders.
  • The largest VERSO CORP COM STK (DE) buyer in Q1 2015 was Contrarian Capital Management, an estimated $8.23M added.
  • The largest VERSO CORP COM STK (DE) seller in Q1 2015 was Ellis Lake Capital, an estimated $4.71M sold.

Based on aggregated 13F filings for Q1 2015.