Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
134 hedge funds and large institutions have $635M invested in Verso Corporation in 2021 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 26 increasing their positions, 45 reducing their positions, and 19 closing their positions.
11,330% more call options, than puts
Call options by funds: $1.14M | Put options by funds: $10K
121% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 19
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
54% more capital invested
Capital invested by funds: $413M → $635M (+$222M)
20% more funds holding
Funds holding: 112 → 134 (+22)
42% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$10.6M |
| 2 |
Millennium Management
New York
|
+$9.8M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$9.55M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
+$7.5M |
| 5 |
BSCM
Berry Street Capital Management
London,
United Kingdom
|
+$6.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$9.34M |
| 2 |
DSC
Donald Smith & Co
New York
|
-$7.8M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$7.35M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$6.67M |
| 5 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
-$6.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$10K | -484 | Closed |
|
152
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$68 | +3 | New |
|
VRS Hedge Fund Activity: Q4 2021 in Review
134 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q4 2021, worth a combined $635M — up 54% from $413M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new VRS positions and 19 closed out — a net gain of 23 holders — while 26 added to existing stakes and 45 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $10.6M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $9.34M sold.
- 134 institutional investors held Verso Corporation (VRS) as of Q4 2021, up from 112 in Q3 2021.
- Funds reported $635M of Verso Corporation stock for Q4 2021, up 54% quarter-over-quarter.
- 42 funds opened new Verso Corporation positions in Q4 2021 and 19 closed out, a net change of +23 holders.
- The largest Verso Corporation buyer in Q4 2021 was Water Island Capital, an estimated $10.6M added.
- The largest Verso Corporation seller in Q4 2021 was Kennedy Capital Management, an estimated $9.34M sold.
Based on aggregated 13F filings for Q4 2021.