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VRS

Verso Corporation

Delisted

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

123 hedge funds and large institutions have $199M invested in Verso Corporation in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 21 increasing their positions, 68 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

116% more call options, than puts

Call options by funds: $563K | Put options by funds: $261K

2% less funds holding

Funds holding: 125123 (-2)

13% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 15

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

39% less capital invested

Capital invested by funds: $328M → $199M (-$129M)

69% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 68

Holders
123
Holders Change
-2
Holders Change %
-1.6%
% of All Funds
2.48%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
13
Increased
21
Reduced
68
Closed
15
Calls
$563K
Puts
$261K
Net Calls
+$302K
Net Calls Change
-$1.48M
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
26
Kestrel Investment Management
California
$1.73M +$125K +10,300 +5%
Two Sigma Advisers
27
Two Sigma Advisers
New York
$1.68M +$129K +10,600 +5%
BCM
28
Bridgeway Capital Management
Texas
$1.57M
N
29
Nuveen
North Carolina
$1.31M -$82.9K -6,816 -4%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$1.25M -$247K -20,318 -11%
AQR Capital Management
31
AQR Capital Management
Connecticut
$1.21M -$255K -20,955 -12%
AllianceBernstein
32
AllianceBernstein
Tennessee
$1.1M -$605K -49,790 -26%
Russell Investments Group
33
Russell Investments Group
United Kingdom
$1.06M +$286K +23,502 +21%
Massachusetts Financial Services
34
Massachusetts Financial Services
Massachusetts
$962K -$58.1K -4,776 -4%
Federated Hermes
35
Federated Hermes
Pennsylvania
$893K -$1.06M -87,448 -44%
Connor, Clark & Lunn Investment Management (CC&L)
36
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$891K +$212K +17,465 +18%
HighTower Advisors
37
HighTower Advisors
Illinois
$855K +$495K +40,698 +60%
CSS
38
Cubist Systematic Strategies
Connecticut
$847K +$1.31M +107,388 New
Jacobs Levy Equity Management
39
Jacobs Levy Equity Management
New Jersey
$805K -$106K -8,731 -8%
Wells Fargo
40
Wells Fargo
California
$791K -$264K -21,747 -18%
Robeco Institutional Asset Management
41
Robeco Institutional Asset Management
Netherlands
$708K -$137K -11,297 -11%
PI
42
Putnam Investments
Massachusetts
$700K -$738K -60,700 -41%
First Trust Advisors
43
First Trust Advisors
Illinois
$672K +$1.04M +85,231 New
Barclays
44
Barclays
United Kingdom
$669K -$303K -24,899 -23%
AC
45
Aristides Capital
Kentucky
$649K -$1.9M -156,197 -66%
California Public Employees Retirement System
46
California Public Employees Retirement System
California
$584K -$74.2K -6,100 -8%
Los Angeles Capital Management
47
Los Angeles Capital Management
California
$566K -$213K -17,555 -20%
WG
48
Winton Group
United Kingdom
$551K -$598K -49,164 -41%
MA
49
Minerva Advisors
Pennsylvania
$539K
PAM
50
Panagora Asset Management
Massachusetts
$538K -$1.93M -158,791 -70%

VRS Hedge Fund Activity: Q3 2020 in Review

123 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q3 2020, worth a combined $199M — down 39% from $328M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of VRS and 13 opened new positions — a net loss of 2 holders — while 68 trimmed existing stakes and 21 added.

The largest buyer was Citadel Advisors, opening a new position worth an estimated $4.43M. The largest seller was BlackRock, cutting an estimated $3.37M.

  • 123 institutional investors held Verso Corporation (VRS) as of Q3 2020, down from 125 in Q2 2020.
  • Funds reported $199M of Verso Corporation stock for Q3 2020, down 39% quarter-over-quarter.
  • 13 funds opened new Verso Corporation positions in Q3 2020 and 15 closed out, a net change of -2 holders.
  • The largest Verso Corporation buyer in Q3 2020 was Citadel Advisors, an estimated $4.43M added.
  • The largest Verso Corporation seller in Q3 2020 was BlackRock, an estimated $3.37M sold.

Based on aggregated 13F filings for Q3 2020.