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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
UBS Group
101
UBS Group
Switzerland
$51K -$47.6K -3,916 -38%
MLICM
102
Metropolitan Life Insurance Company (MetLife)
New York
$45.2K -$67.9K -5,583 -49%
Morgan Stanley
103
Morgan Stanley
New York
$42K -$162K -13,331 -72%
US Bancorp
104
US Bancorp
Minnesota
$38K -$6.01K -494 -9%
Legal & General Group
105
Legal & General Group
United Kingdom
$31K -$22.6K -1,855 -32%
SAM
106
Shell Asset Management
Netherlands
$30K
AIP
107
Ameritas Investment Partners
Nebraska
$23K
Citigroup
108
Citigroup
New York
$17K -$644K -52,969 -96%
Macquarie Group
109
Macquarie Group
Australia
$17K
Zurich Cantonal Bank
110
Zurich Cantonal Bank
Switzerland
$17K
Canada Life
111
Canada Life
Manitoba, Canada
$16K
Bank of Montreal
112
Bank of Montreal
Ontario, Canada
$12K -$28.4K -2,336 -62%
Fidelity Investments
113
Fidelity Investments
Massachusetts
$12K
TSW
114
Thompson Siegel & Walmsley
Virginia
$12K +$6.08K +500 +48%
Osaic Holdings
115
Osaic Holdings
Arizona
$2K -$4.26K -350 -59%
PA
116
Parallel Advisors
California
$2K -$3.05K -251 -52%
FHA
117
First Horizon Advisors
Tennessee
$1K
QCG
118
Quadrant Capital Group
Ohio
$1K +$1.13K +93 New
Group One Trading
119
Group One Trading
Illinois
$1K +$2.23K +183 New
Millennium Management
120
Millennium Management
New York
$324 +$500K +41,096 New
SCM
121
Solas Capital Management
Connecticut
-$2.94M -246,272 Closed
Thrivent Financial for Lutherans
122
Thrivent Financial for Lutherans
Minnesota
-$2.71M -226,198 Closed
Renaissance Technologies
123
Renaissance Technologies
New York
-$1.31M -109,700 Closed
GAM
124
Gotham Asset Management
New York
-$931K -77,867 Closed
MSL
125
Mackay Shields LLC
New York
-$576K -48,100 Closed

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.