Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
161 hedge funds and large institutions have $597M invested in Verso Corporation in 2019 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 56 increasing their positions, 54 reducing their positions, and 32 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
4% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 54
10% less funds holding
Funds holding: 178 → 161 (-17)
13% less capital invested
Capital invested by funds: $686M → $597M (-$88.6M)
44% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 32
89% less call options, than puts
Call options by funds: $638K | Put options by funds: $5.97M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$18.6M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$8.97M |
| 3 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$8.08M |
| 4 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$7.48M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.13M |
| 2 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$8M |
| 3 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$6.56M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.57M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$3.69M |
VRS Hedge Fund Activity: Q2 2019 in Review
161 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q2 2019, worth a combined $597M — down 13% from $686M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of VRS and 18 opened new positions — a net loss of 14 holders — while 54 trimmed existing stakes and 56 added.
The largest buyer was Royce & Associates, adding an estimated $18.6M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $9.13M sold.
- 161 institutional investors held Verso Corporation (VRS) as of Q2 2019, down from 178 in Q1 2019.
- Funds reported $597M of Verso Corporation stock for Q2 2019, down 13% quarter-over-quarter.
- 18 funds opened new Verso Corporation positions in Q2 2019 and 32 closed out, a net change of -14 holders.
- The largest Verso Corporation buyer in Q2 2019 was Royce & Associates, an estimated $18.6M added.
- The largest Verso Corporation seller in Q2 2019 was Arrowstreet Capital, an estimated $9.13M sold.
Based on aggregated 13F filings for Q2 2019.