Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
125 hedge funds and large institutions have $328M invested in Verso Corporation in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 41 increasing their positions, 48 reducing their positions, and 20 closing their positions.
272% more call options, than puts
Call options by funds: $2.43M | Put options by funds: $655K
1% less capital invested
Capital invested by funds: $333M → $328M (-$4.65M)
4% less funds holding
Funds holding: 130 → 125 (-5)
15% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 48
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$4.03M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$3.9M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$1.66M |
| 4 |
Renaissance Technologies
New York
|
+$964K |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$864K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$6.21M |
| 2 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$5.94M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$4.11M |
| 4 |
RA
Royce & Associates
New York
|
-$3.75M |
| 5 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$2.35M |
VRS Hedge Fund Activity: Q2 2020 in Review
125 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q2 2020, worth a combined $328M — down 1.4% from $333M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of VRS and 16 opened new positions — a net loss of 4 holders — while 48 trimmed existing stakes and 41 added.
The largest buyer was Donald Smith & Co, adding an estimated $4.03M. The largest seller was Moab Capital Partners, exiting entirely with an estimated $6.21M sold.
- 125 institutional investors held Verso Corporation (VRS) as of Q2 2020, down from 130 in Q1 2020.
- Funds reported $328M of Verso Corporation stock for Q2 2020, down 1.4% quarter-over-quarter.
- 16 funds opened new Verso Corporation positions in Q2 2020 and 20 closed out, a net change of -4 holders.
- The largest Verso Corporation buyer in Q2 2020 was Donald Smith & Co, an estimated $4.03M added.
- The largest Verso Corporation seller in Q2 2020 was Moab Capital Partners, an estimated $6.21M sold.
Based on aggregated 13F filings for Q2 2020.