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VRS

Verso Corporation

Delisted

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

143 hedge funds and large institutions have $517M invested in Verso Corporation in 2019 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 46 increasing their positions, 49 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

80% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 15

40% more capital invested

Capital invested by funds: $369M → $517M (+$148M)

5% more funds holding

Funds holding: 136143 (+7)

6% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 49

74% less call options, than puts

Call options by funds: $1.14M | Put options by funds: $4.4M

Holders
143
Holders Change
+7
Holders Change %
+5.15%
% of All Funds
2.82%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.08%
New
27
Increased
46
Reduced
49
Closed
15
Calls
$1.14M
Puts
$4.4M
Net Calls
-$3.26M
Net Calls Change
-$3.08M
Name Holding Trade Value Shares
Change
Change in
Stake
HSBC Holdings
101
HSBC Holdings
United Kingdom
$386K +$143K +8,890 +71%
Manulife (Manufacturers Life Insurance)
102
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$381K -$10.8K -670 -3%
SFS
103
Sowell Financial Services
Arkansas
$360K +$58.9K +3,669 +23%
Bank of America
104
Bank of America
North Carolina
$331K -$178K -11,065 -38%
GCP
105
GSA Capital Partners
United Kingdom
$319K -$130K -8,125 -31%
ECM
106
ExodusPoint Capital Management
New York
$318K +$283K +17,615 New
Susquehanna International Group
107
Susquehanna International Group
Pennsylvania
$307K +$22.1K +1,376 +9%
MIM
108
MetLife Investment Management
New Jersey
$303K
ECM
109
Evergreen Capital Management
Washington
$289K
State Board of Administration of Florida Retirement System
110
State Board of Administration of Florida Retirement System
Florida
$286K
SRAM
111
Stone Ridge Asset Management
New York
$249K
Simplex Trading
112
Simplex Trading
Illinois
$239K +$214K +13,308 New
CM
113
Caption Management
Oklahoma
$232K +$207K +12,900 New
GC
114
Globeflex Capital
California
$226K
EMG
115
Ellington Management Group
Connecticut
$224K -$36.9K -2,300 -16%
MLICM
116
Metropolitan Life Insurance Company (MetLife)
New York
$204K -$8.68K -541 -5%
Ohio Public Employees Retirement System (OPERS)
117
Ohio Public Employees Retirement System (OPERS)
Ohio
$198K -$327K -20,382 -65%
BNP Paribas Financial Markets
118
BNP Paribas Financial Markets
France
$186K +$53.2K +3,318 +47%
BGIM
119
Brandywine Global Investment Management
Pennsylvania
$185K +$167K +10,380 New
KKRC
120
Kohlberg Kravis Roberts & Co
New York
$181K
Macquarie Group
121
Macquarie Group
Australia
$146K -$37.1K -2,313 -22%
Group One Trading
122
Group One Trading
Illinois
$146K +$64.4K +4,014 +99%
New York State Teachers Retirement System (NYSTRS)
123
New York State Teachers Retirement System (NYSTRS)
New York
$144K +$78.3K +4,878 +157%
Citigroup
124
Citigroup
New York
$133K -$216K -13,460 -65%
Legal & General Group
125
Legal & General Group
United Kingdom
$130K +$6.77K +422 +6%

VRS Hedge Fund Activity: Q4 2019 in Review

143 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q4 2019, worth a combined $517M — up 40% from $369M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new VRS positions and 15 closed out — a net gain of 12 holders — while 46 added to existing stakes and 49 trimmed.

The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $6.96M. The largest seller was Oaktree Capital Management, cutting an estimated $18.5M.

  • 143 institutional investors held Verso Corporation (VRS) as of Q4 2019, up from 136 in Q3 2019.
  • Funds reported $517M of Verso Corporation stock for Q4 2019, up 40% quarter-over-quarter.
  • 27 funds opened new Verso Corporation positions in Q4 2019 and 15 closed out, a net change of +12 holders.
  • The largest Verso Corporation buyer in Q4 2019 was Arrowstreet Capital, an estimated $6.96M added.
  • The largest Verso Corporation seller in Q4 2019 was Oaktree Capital Management, an estimated $18.5M sold.

Based on aggregated 13F filings for Q4 2019.