Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
143 hedge funds and large institutions have $517M invested in Verso Corporation in 2019 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 46 increasing their positions, 49 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
40% more capital invested
Capital invested by funds: $369M → $517M (+$148M)
5% more funds holding
Funds holding: 136 → 143 (+7)
6% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 49
74% less call options, than puts
Call options by funds: $1.14M | Put options by funds: $4.4M
Top Buyers
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.96M |
| 2 |
RA
Royce & Associates
New York
|
+$4.34M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$2.96M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$2.9M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$1.83M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Principal Financial Group
Des Moines,
Iowa
| – | -$203K | -16,358 | Closed |
|
|
WAM
152
Weiss Asset Management
Boston,
Massachusetts
| – | -$135K | -10,900 | Closed |
|
|
PCM
153
Prelude Capital Management
New York
| – | -$44K | -3,555 | Closed |
|
|
AG
154
Advisor Group
Phoenix,
Arizona
| – | -$5K | -407 | Closed |
|
|
MAM
155
Meeder Asset Management
Dublin,
Ohio
| – | +$209 | +13 | New |
|
|
OPS
156
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$209 | +13 | New |
|
VRS Hedge Fund Activity: Q4 2019 in Review
143 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q4 2019, worth a combined $517M — up 40% from $369M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new VRS positions and 15 closed out — a net gain of 12 holders — while 46 added to existing stakes and 49 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $6.96M. The largest seller was Oaktree Capital Management, cutting an estimated $18.5M.
- 143 institutional investors held Verso Corporation (VRS) as of Q4 2019, up from 136 in Q3 2019.
- Funds reported $517M of Verso Corporation stock for Q4 2019, up 40% quarter-over-quarter.
- 27 funds opened new Verso Corporation positions in Q4 2019 and 15 closed out, a net change of +12 holders.
- The largest Verso Corporation buyer in Q4 2019 was Arrowstreet Capital, an estimated $6.96M added.
- The largest Verso Corporation seller in Q4 2019 was Oaktree Capital Management, an estimated $18.5M sold.
Based on aggregated 13F filings for Q4 2019.