Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
112 hedge funds and large institutions have $413M invested in Verso Corporation in 2021 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 25 increasing their positions, 47 reducing their positions, and 16 closing their positions.
436% more call options, than puts
Call options by funds: $5.31M | Put options by funds: $991K
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
13% more capital invested
Capital invested by funds: $366M → $413M (+$46.6M)
4% more funds holding
Funds holding: 108 → 112 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
47% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$3.15M |
| 2 |
MAM
Miria Asset Management
St. Julians,
Malta
|
+$3.13M |
| 3 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
+$2.16M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Redwood Capital Management
New York
|
-$4.41M |
| 2 |
BlackRock
New York
|
-$4.21M |
| 3 |
JP Morgan Chase
New York
|
-$4.03M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.15M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$1.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWG
126
Summit Wealth Group
White River Junction,
Vermont
| – | -$1K | -82 | Closed |
|
127
UBS Group
Zurich,
Switzerland
| – | -$1K | -78 | Closed |
|
VRS Hedge Fund Activity: Q3 2021 in Review
112 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q3 2021, worth a combined $413M — up 13% from $366M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new VRS positions and 16 closed out — a net gain of 5 holders — while 25 added to existing stakes and 47 trimmed.
The largest buyer was Mangrove Partners, opening a new position worth an estimated $3.15M. The largest seller was Redwood Capital Management, exiting entirely with an estimated $4.41M sold.
- 112 institutional investors held Verso Corporation (VRS) as of Q3 2021, up from 108 in Q2 2021.
- Funds reported $413M of Verso Corporation stock for Q3 2021, up 13% quarter-over-quarter.
- 21 funds opened new Verso Corporation positions in Q3 2021 and 16 closed out, a net change of +5 holders.
- The largest Verso Corporation buyer in Q3 2021 was Mangrove Partners, an estimated $3.15M added.
- The largest Verso Corporation seller in Q3 2021 was Redwood Capital Management, an estimated $4.41M sold.
Based on aggregated 13F filings for Q3 2021.