Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
114 hedge funds and large institutions have $482M invested in Verso Corporation in 2018 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 40 increasing their positions, 25 reducing their positions, and 13 closing their positions.
123% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 13
60% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 25
13% more funds holding
Funds holding: 101 → 114 (+13)
3% less capital invested
Capital invested by funds: $498M → $482M (-$16.2M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $416K
Top Buyers
| 1 |
Millennium Management
New York
|
+$16.2M |
| 2 |
JP Morgan Chase
New York
|
+$13.1M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$10.2M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$10.1M |
| 5 |
BlackRock
New York
|
+$6.21M |
Top Sellers
| 1 |
MCM
Mudrick Capital Management
New York
|
-$89.5M |
| 2 |
DSC
Donald Smith & Co
New York
|
-$5.24M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$4.56M |
| 4 |
ACM
Archer Capital Management
New York
|
-$4.19M |
| 5 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.67M |
VRS Hedge Fund Activity: Q1 2018 in Review
114 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q1 2018, worth a combined $482M — down 3.2% from $498M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new VRS positions and 13 closed out — a net gain of 16 holders — while 40 added to existing stakes and 25 trimmed.
The largest buyer was Millennium Management, adding an estimated $16.2M. The largest seller was Mudrick Capital Management, exiting entirely with an estimated $89.5M sold.
- 114 institutional investors held Verso Corporation (VRS) as of Q1 2018, up from 101 in Q4 2017.
- Funds reported $482M of Verso Corporation stock for Q1 2018, down 3.2% quarter-over-quarter.
- 29 funds opened new Verso Corporation positions in Q1 2018 and 13 closed out, a net change of +16 holders.
- The largest Verso Corporation buyer in Q1 2018 was Millennium Management, an estimated $16.2M added.
- The largest Verso Corporation seller in Q1 2018 was Mudrick Capital Management, an estimated $89.5M sold.
Based on aggregated 13F filings for Q1 2018.