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VRS

Verso Corporation

Delisted

VRS was delisted on the 30th of March, 2022.

123 hedge funds and large institutions have $645M invested in Verso Corporation in 2018 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 46 increasing their positions, 37 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 13

34% more capital invested

Capital invested by funds: $482M → $645M (+$163M)

24% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 37

8% more funds holding

Funds holding: 114123 (+9)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

86% less call options, than puts

Call options by funds: $47K | Put options by funds: $333K

Holders
123
Holders Change
+9
Holders Change %
+7.89%
% of All Funds
2.82%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
23
Increased
46
Reduced
37
Closed
13
Calls
$47K
Puts
$333K
Net Calls
-$286K
Net Calls Change
+$130K
Name Holding Trade Value Shares
Change
Change in
Stake
Mackenzie Financial
26
Mackenzie Financial
Ontario, Canada
$5.89M -$1.41M -74,047 -21%
Barclays
27
Barclays
United Kingdom
$5.83M -$340K -17,823 -6%
Russell Investments Group
28
Russell Investments Group
United Kingdom
$5.5M -$4.39M -230,321 -48%
PPA
29
Parametric Portfolio Associates
Washington
$5.41M +$2.13M +111,495 +81%
Ameriprise
30
Ameriprise
Minnesota
$5.4M +$3.77M +197,450 +390%
Franklin Resources
31
Franklin Resources
California
$5.19M
PAM
32
Panagora Asset Management
Massachusetts
$5.14M +$3.98M +208,802 +763%
MERSOM
33
Municipal Employees' Retirement System of Michigan
Michigan
$4.76M
CAM
34
ClariVest Asset Management
California
$4.63M -$326K -17,118 -7%
HAI
35
Hennessy Advisors Inc
California
$4.62M -$263K -13,800 -6%
Bank of New York Mellon
36
Bank of New York Mellon
New York
$4.31M +$27.5K +1,442 +0.7%
MSL
37
Mackay Shields LLC
New York
$4.29M +$849K +44,500 +29%
TCIM
38
TIAA CREF Investment Management
New York
$4.15M +$1.7M +89,209 +88%
Charles Schwab
39
Charles Schwab
California
$4.04M +$2.25M +118,048 +175%
WIM
40
Wittenberg Investment Management
Massachusetts
$3.61M -$1.35M -70,927 -30%
GAM
41
Gotham Asset Management
New York
$3.6M +$1.35M +70,676 +74%
HSBC Holdings
42
HSBC Holdings
United Kingdom
$3.42M +$3M +157,099 New
AllianceBernstein
43
AllianceBernstein
Tennessee
$3.2M +$832K +43,610 +42%
Morgan Stanley
44
Morgan Stanley
New York
$3.18M -$857K -44,932 -24%
GCP
45
GSA Capital Partners
United Kingdom
$3.17M -$87.1K -4,568 -3%
CEP
46
Chicago Equity Partners
Illinois
$3.01M +$293K +15,355 +12%
Goldman Sachs
47
Goldman Sachs
New York
$2.27M -$2.2M -115,255 -53%
SCM
48
Shenkman Capital Management
New York
$2.21M
Deutsche Bank
49
Deutsche Bank
Germany
$2.06M -$4.49M -235,338 -71%
Massachusetts Financial Services
50
Massachusetts Financial Services
Massachusetts
$1.98M +$238K +12,474 +16%

VRS Hedge Fund Activity: Q2 2018 in Review

123 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q2 2018, worth a combined $645M — up 34% from $482M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new VRS positions and 13 closed out — a net gain of 10 holders — while 46 added to existing stakes and 37 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $13.5M. The largest seller was Millennium Management, cutting an estimated $12.5M.

  • 123 institutional investors held Verso Corporation (VRS) as of Q2 2018, up from 114 in Q1 2018.
  • Funds reported $645M of Verso Corporation stock for Q2 2018, up 34% quarter-over-quarter.
  • 23 funds opened new Verso Corporation positions in Q2 2018 and 13 closed out, a net change of +10 holders.
  • The largest Verso Corporation buyer in Q2 2018 was AQR Capital Management, an estimated $13.5M added.
  • The largest Verso Corporation seller in Q2 2018 was Millennium Management, an estimated $12.5M sold.

Based on aggregated 13F filings for Q2 2018.