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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
PP
76
Paloma Partners
Connecticut
$226K -$211K -17,337 -38%
Ensign Peak Advisors
77
Ensign Peak Advisors
Utah
$219K
MCM
78
Matarin Capital Management
New York
$217K -$61.9K -5,092 -16%
Squarepoint
79
Squarepoint
New York
$198K -$249K -20,460 -45%
BGIM
80
Brandywine Global Investment Management
Pennsylvania
$189K -$7.7K -633 -3%
Two Sigma Investments
81
Two Sigma Investments
New York
$179K -$180K -14,800 -39%
OSAM
82
O'Shaughnessy Asset Management
Connecticut
$174K -$33.7K -2,772 -11%
GC
83
Guggenheim Capital
Illinois
$169K
PTC
84
Petrus Trust Company
Texas
$164K +$252K +20,760 New
Mackenzie Financial
85
Mackenzie Financial
Ontario, Canada
$163K
SFI
86
Susquehanna Fundamental Investments
Pennsylvania
$160K -$70.6K -5,807 -22%
Bank of America
87
Bank of America
North Carolina
$157K -$52.1K -4,284 -18%
AIG
88
American International Group
New York
$148K -$33.4K -2,748 -13%
PP
89
PDT Partners
New York
$147K +$226K +18,580 New
Manulife (Manufacturers Life Insurance)
90
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$145K -$33.7K -2,770 -13%
First Manhattan
91
First Manhattan
New York
$143K +$221K +18,150 New
State Board of Administration of Florida Retirement System
92
State Board of Administration of Florida Retirement System
Florida
$125K
Axa
93
Axa
France
$116K +$179K +14,700 New
DTL
94
Dynamic Technology Lab
Singapore
$104K -$219K -17,976 -58%
Ohio Public Employees Retirement System (OPERS)
95
Ohio Public Employees Retirement System (OPERS)
Ohio
$102K -$3.34K -275 -2%
E
96
Ergoteles
New York
$90K +$139K +11,400 New
VOYA Investment Management
97
VOYA Investment Management
Georgia
$86K -$241K -19,825 -65%
KKRC
98
Kohlberg Kravis Roberts & Co
New York
$79K
MIM
99
MetLife Investment Management
New Jersey
$68.5K -$98.9K -8,131 -48%
BNP Paribas Financial Markets
100
BNP Paribas Financial Markets
France
$56K +$71.1K +5,846 +465%

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.