Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
123 hedge funds and large institutions have $645M invested in Verso Corporation in 2018 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 46 increasing their positions, 37 reducing their positions, and 13 closing their positions.
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
34% more capital invested
Capital invested by funds: $482M → $645M (+$163M)
24% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 37
8% more funds holding
Funds holding: 114 → 123 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
86% less call options, than puts
Call options by funds: $47K | Put options by funds: $333K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$13.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.7M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
+$8.33M |
| 4 |
BlackRock
New York
|
+$6.47M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$12.5M |
| 2 |
DSC
Donald Smith & Co
New York
|
-$9.07M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$6.95M |
| 4 |
Renaissance Technologies
New York
|
-$5.74M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
126
Spark Investment Management
New York
| – | -$1.14M | -67,600 | Closed |
|
|
TI
127
Trexquant Investment
Stamford,
Connecticut
| – | -$1.1M | -65,242 | Closed |
|
|
PP
128
PDT Partners
New York
| – | -$904K | -53,700 | Closed |
|
|
EMG
129
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$820K | -48,700 | Closed |
|
|
ARTA
130
A.R.T. Advisors
New York
| – | -$679K | -40,351 | Closed |
|
131
Tudor Investment Corp
Stamford,
Connecticut
| – | -$471K | -27,973 | Closed |
|
132
Balyasny Asset Management
Chicago,
Illinois
| – | -$430K | -25,524 | Closed |
|
|
KI
133
Koch Industries
Wichita,
Kansas
| – | -$343K | -20,348 | Closed |
|
|
PTC
134
Petrus Trust Company
Dallas,
Texas
| – | -$223K | -13,219 | Closed |
|
135
Simplex Trading
Chicago,
Illinois
| – | -$114K | -5,996 | Closed |
|
|
RCM
136
Riverhead Capital Management
Wilmington,
Delaware
| – | -$72K | -4,287 | Closed |
|
VRS Hedge Fund Activity: Q2 2018 in Review
123 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q2 2018, worth a combined $645M — up 34% from $482M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new VRS positions and 13 closed out — a net gain of 10 holders — while 46 added to existing stakes and 37 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $13.5M. The largest seller was Millennium Management, cutting an estimated $12.5M.
- 123 institutional investors held Verso Corporation (VRS) as of Q2 2018, up from 114 in Q1 2018.
- Funds reported $645M of Verso Corporation stock for Q2 2018, up 34% quarter-over-quarter.
- 23 funds opened new Verso Corporation positions in Q2 2018 and 13 closed out, a net change of +10 holders.
- The largest Verso Corporation buyer in Q2 2018 was AQR Capital Management, an estimated $13.5M added.
- The largest Verso Corporation seller in Q2 2018 was Millennium Management, an estimated $12.5M sold.
Based on aggregated 13F filings for Q2 2018.