Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
56 hedge funds and large institutions have $146M invested in Verso Corporation in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 16 closing their positions.
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
8% more funds holding
Funds holding: 52 → 56 (+4)
6% more capital invested
Capital invested by funds: $138M → $146M (+$8.53M)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$2.77M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$2.12M |
| 3 |
DCM
Dialectic Capital Management
Norwalk,
Connecticut
|
+$1.9M |
| 4 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$1.12M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
+$977K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stonehill Capital Management
New York
|
-$3.71M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$3.27M |
| 3 |
CP
Centerbridge Partners
New York
|
-$2.94M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.94M |
| 5 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$1.31M |
VRS Hedge Fund Activity: Q4 2016 in Review
56 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q4 2016, worth a combined $146M — up 6.2% from $138M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new VRS positions and 16 closed out — a net gain of 4 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Donald Smith & Co, adding an estimated $2.77M. The largest seller was Stonehill Capital Management, exiting entirely with an estimated $3.71M sold.
- 56 institutional investors held Verso Corporation (VRS) as of Q4 2016, up from 52 in Q3 2016.
- Funds reported $146M of Verso Corporation stock for Q4 2016, up 6.2% quarter-over-quarter.
- 20 funds opened new Verso Corporation positions in Q4 2016 and 16 closed out, a net change of +4 holders.
- The largest Verso Corporation buyer in Q4 2016 was Donald Smith & Co, an estimated $2.77M added.
- The largest Verso Corporation seller in Q4 2016 was Stonehill Capital Management, an estimated $3.71M sold.
Based on aggregated 13F filings for Q4 2016.