Verso Corporation
VRS
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.
116% more call options, than puts
Call options by funds: $563K | Put options by funds: $261K
2% less funds holding
Funds holding: 125 → 123 (-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: 3 → 2 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.43M |
| 2 |
DSC
Donald Smith & Co
New York
|
+$1.43M |
| 3 |
RA
Royce & Associates
New York
|
+$1.36M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$1.31M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.37M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.02M |
| 3 |
SCM
Solas Capital Management
Darien,
Connecticut
|
-$2.94M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$2.71M |
| 5 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$2.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$533K | -44,616 | Closed |
|
|
CL
127
CSS LLC
Chicago,
Illinois
| – | -$409K | -34,200 | Closed |
|
|
PCM
128
Perritt Capital Management
Chicago,
Illinois
| – | -$376K | -31,400 | Closed |
|
129
SG Americas Securities
New York
| – | -$279K | -23,351 | Closed |
|
|
SRAM
130
Stone Ridge Asset Management
New York
| – | -$253K | -21,194 | Closed |
|
|
TI
131
Trexquant Investment
Stamford,
Connecticut
| – | -$193K | -16,103 | Closed |
|
|
DT
132
Diversified Trust
Memphis,
Tennessee
| – | -$136K | -11,413 | Closed |
|
133
HSBC Holdings
London,
United Kingdom
| – | -$121K | -10,097 | Closed |
|
|
MAM
134
Meeder Asset Management
Dublin,
Ohio
| – | -$19.9K | -1,635 | -99% |
|
135
Rockefeller Capital Management
New York
| – | -$3K | -289 | Closed |
|
|
ASN
136
Advisory Services Network
Atlanta,
Georgia
| – | +$61 | +5 | New |
|
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.