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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
AMH
1
Apollo Management Holdings
New York
$65M
SCM
2
Stonehill Capital Management
New York
$7.82M +$4.83M +1,997,497 +85%
CCM
3
Contrarian Capital Management
Connecticut
$6.12M +$8.23M +3,400,884 New
OCM
4
Oaktree Capital Management
California
$4.64M +$6.24M +2,578,897 New
CP
5
Centerbridge Partners
New York
$4.3M +$5.78M +2,388,195 New
AC
6
Aristeia Capital
Connecticut
$3.49M +$878K +362,778 +23%
Goldman Sachs
7
Goldman Sachs
New York
$3.19M +$4.26M +1,762,537 +14,817%
Franklin Resources
8
Franklin Resources
California
$3.08M +$4.15M +1,713,359 New
Nomura Holdings
9
Nomura Holdings
Japan
$2.38M +$2.74M +1,133,810 +738%
PIA
10
Phoenix Investment Adviser
New York
$2.34M +$3.15M +1,300,063 New
AC
11
AYM Capital
New York
$2.21M +$70.3K +29,036 +2%
JP Morgan Chase
12
JP Morgan Chase
New York
$2.06M +$2.77M +1,142,867 New
HCM
13
Hayman Capital Management
Texas
$1.47M +$1.98M +818,670 New
VCM
14
Venor Capital Management
New York
$1.08M -$1.24M -510,739 -46%
Vanguard Group
15
Vanguard Group
Pennsylvania
$982K -$27.7K -11,464 -2%
YCMGA
16
York Capital Management Global Advisors
New York
$744K
AA
17
AQR Arbitrage
Connecticut
$743K +$999K +412,918 New
Capital World Investors
18
Capital World Investors
California
$664K +$892K +368,876 New
CC
19
Clearline Capital
New York
$618K
California Public Employees Retirement System
20
California Public Employees Retirement System
California
$500K
RCM
21
Riverloft Capital Management
Florida
$492K
BCM
22
Bridgeway Capital Management
Texas
$401K +$151K +62,205 +39%
WA
23
Whitebox Advisors
Minnesota
$313K +$421K +173,847 New
Citigroup
24
Citigroup
New York
$297K +$399K +164,847 New
NMIMC
25
Northwestern Mutual Investment Management Company
Wisconsin
$265K +$356K +147,054 New

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.