VERSO CORP COM STK (DE)
VRS
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.
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: 40 → 60 (+20)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
28% less capital invested
Capital invested by funds: $165M → $118M (-$46.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$8.23M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$6.24M |
| 3 |
CP
Centerbridge Partners
New York
|
+$5.78M |
| 4 |
SCM
Stonehill Capital Management
New York
|
+$4.83M |
| 5 |
Goldman Sachs
New York
|
+$4.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ELC
Ellis Lake Capital
New York
|
-$4.71M |
| 2 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$2.97M |
| 3 |
VCM
Venor Capital Management
New York
|
-$1.24M |
| 4 |
WIM
Wingspan Investment Management
New York
|
-$1.21M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
-$798K |
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.