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VRS

Verso Corporation

Delisted

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

169 hedge funds and large institutions have $1.01B invested in Verso Corporation in 2018 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 48 increasing their positions, 43 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

864% more call options, than puts

Call options by funds: $1.13M | Put options by funds: $117K

783% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 6

56% more capital invested

Capital invested by funds: $645M → $1.01B (+$360M)

37% more funds holding

Funds holding: 123169 (+46)

12% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 43

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
169
Holders Change
+46
Holders Change %
+37.4%
% of All Funds
3.86%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
53
Increased
48
Reduced
43
Closed
6
Calls
$1.13M
Puts
$117K
Net Calls
+$1.01M
Net Calls Change
+$1.3M
Name Holding Trade Value Shares
Change
Change in
Stake
AIG
101
American International Group
New York
$770K +$10.8K +412 +2%
Janney Montgomery Scott
102
Janney Montgomery Scott
Pennsylvania
$763K +$592K +22,649 New
Manulife (Manufacturers Life Insurance)
103
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$757K -$75.5K -2,888 -11%
TI
104
Trexquant Investment
Connecticut
$733K +$569K +21,758 New
CIM
105
Cambria Investment Management
California
$626K +$71.4K +2,730 +17%
CIP
106
Convergence Investment Partners
Florida
$615K +$478K +18,274 New
Citigroup
107
Citigroup
New York
$614K +$198K +7,565 +71%
Wellington Management Group
108
Wellington Management Group
Massachusetts
$591K +$459K +17,568 New
MIM
109
MetLife Investment Management
New Jersey
$566K
State Board of Administration of Florida Retirement System
110
State Board of Administration of Florida Retirement System
Florida
$534K
CS
111
Credit Suisse
Switzerland
$522K -$175K -6,704 -30%
Grantham, Mayo, Van Otterloo & Co (GMO)
112
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$522K +$405K +15,500 New
TAM
113
Tiverton Asset Management
Delaware
$518K
VRS
114
Virginia Retirement Systems
Virginia
$455K +$353K +13,500 New
SLF
115
Sun Life Financial
Ontario, Canada
$446K +$2.14K +82 +0.6%
FQ
116
First Quadrant
California
$440K +$342K +13,061 New
CSS
117
Cubist Systematic Strategies
Connecticut
$435K +$338K +12,913 New
HI
118
HBK Investments
Texas
$406K +$315K +12,056 New
MLICM
119
Metropolitan Life Insurance Company (MetLife)
New York
$382K
T. Rowe Price Associates
120
T. Rowe Price Associates
Maryland
$371K +$288K +11,024 New
Connor, Clark & Lunn Investment Management (CC&L)
121
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$369K +$287K +10,967 New
ACI
122
AMP Capital Investors
Australia
$362K +$293K +11,200 New
Royal Bank of Canada
123
Royal Bank of Canada
Ontario, Canada
$348K +$270K +10,336 New
KKRC
124
Kohlberg Kravis Roberts & Co
New York
$337K
UBS AM
125
UBS AM
Illinois
$330K +$256K +9,800 New

VRS Hedge Fund Activity: Q3 2018 in Review

169 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q3 2018, worth a combined $1.01B — up 56% from $645M a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new VRS positions and 6 closed out — a net gain of 47 holders — while 48 added to existing stakes and 43 trimmed.

The largest buyer was Dimensional Fund Advisors, adding an estimated $12.3M. The largest seller was Oaktree Capital Management, cutting an estimated $36.7M.

  • 169 institutional investors held Verso Corporation (VRS) as of Q3 2018, up from 123 in Q2 2018.
  • Funds reported $1.01B of Verso Corporation stock for Q3 2018, up 56% quarter-over-quarter.
  • 53 funds opened new Verso Corporation positions in Q3 2018 and 6 closed out, a net change of +47 holders.
  • The largest Verso Corporation buyer in Q3 2018 was Dimensional Fund Advisors, an estimated $12.3M added.
  • The largest Verso Corporation seller in Q3 2018 was Oaktree Capital Management, an estimated $36.7M sold.

Based on aggregated 13F filings for Q3 2018.