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VRS

Verso Corporation

Delisted

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

178 hedge funds and large institutions have $686M invested in Verso Corporation in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 73 increasing their positions, 45 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 45

0% more funds holding

Funds holding: 178178 (0)

0% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 28

4% less capital invested

Capital invested by funds: $717M → $686M (-$31.1M)

30% less call options, than puts

Call options by funds: $779K | Put options by funds: $1.12M

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
178
Holders Change
Holders Change %
0%
% of All Funds
3.85%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
28
Increased
73
Reduced
45
Closed
28
Calls
$779K
Puts
$1.12M
Net Calls
-$338K
Net Calls Change
-$1.16M
Name Holding Trade Value Shares
Change
Change in
Stake
D.E. Shaw & Co
51
D.E. Shaw & Co
New York
$2.97M +$767K +33,251 +32%
WIM
52
Wittenberg Investment Management
Massachusetts
$2.79M +$831K +36,002 +38%
Ameriprise
53
Ameriprise
Minnesota
$2.78M -$978K -42,370 -25%
PPA
54
Parametric Portfolio Associates
Washington
$2.67M -$1.41M -60,947 -33%
Barclays
55
Barclays
United Kingdom
$2.63M -$2.53M -109,803 -47%
BGIM
56
Brandywine Global Investment Management
Pennsylvania
$2.56M +$13.2K +570 +0.5%
USAA
57
United Services Automobile Association
Texas
$2.29M +$69.6K +3,017 +3%
Nordea Investment Management
58
Nordea Investment Management
Sweden
$2.22M +$69.2K +3,000 +3%
Massachusetts Financial Services
59
Massachusetts Financial Services
Massachusetts
$2.21M +$88.9K +3,851 +4%
Millennium Management
60
Millennium Management
New York
$2.2M -$8.86M -383,918 -79%
RA
61
Royce & Associates
New York
$2.12M +$2.28M +98,937 New
CCM
62
Cadence Capital Management
Massachusetts
$2.11M +$40K +1,734 +2%
Federated Hermes
63
Federated Hermes
Pennsylvania
$2.07M +$73K +3,164 +3%
MCM
64
Matarin Capital Management
New York
$1.94M +$2.09M +90,514 New
Citadel Advisors
65
Citadel Advisors
Florida
$1.89M +$161K +6,981 +9%
Verition Fund Management
66
Verition Fund Management
Connecticut
$1.87M +$635K +27,500 +46%
Squarepoint
67
Squarepoint
New York
$1.81M +$623K +26,984 +47%
GC
68
Globeflex Capital
California
$1.78M +$256K +11,102 +15%
Jacobs Levy Equity Management
69
Jacobs Levy Equity Management
New Jersey
$1.7M +$353K +15,300 +24%
MSL
70
Mackay Shields LLC
New York
$1.68M +$383K +16,600 +27%
IA
71
IndexIQ Advisors
New York
$1.61M +$1.73M +75,019 New
Goldman Sachs
72
Goldman Sachs
New York
$1.49M -$4.54M -196,583 -74%
PSUF
73
People's United Financial
Connecticut
$1.48M +$1.59M +68,888 New
California Public Employees Retirement System
74
California Public Employees Retirement System
California
$1.47M -$330K -14,308 -17%
MA
75
Minerva Advisors
Pennsylvania
$1.46M +$1.58M +68,300 New

VRS Hedge Fund Activity: Q1 2019 in Review

178 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q1 2019, worth a combined $686M — down 4.3% from $717M a quarter earlier.

Fund positioning in VRS was balanced in Q1 2019: 28 funds opened new positions, 28 closed out, 73 added to existing stakes and 45 trimmed.

The largest buyer was Vanguard Group, adding an estimated $10.4M. The largest seller was Invesco Senior Secured Management, exiting entirely with an estimated $13.8M sold.

  • 178 institutional investors held Verso Corporation (VRS) as of Q1 2019, unchanged from Q4 2018.
  • Funds reported $686M of Verso Corporation stock for Q1 2019, down 4.3% quarter-over-quarter.
  • 28 funds opened new Verso Corporation positions in Q1 2019 and 28 closed out, a net change of 0 holders.
  • The largest Verso Corporation buyer in Q1 2019 was Vanguard Group, an estimated $10.4M added.
  • The largest Verso Corporation seller in Q1 2019 was Invesco Senior Secured Management, an estimated $13.8M sold.

Based on aggregated 13F filings for Q1 2019.