Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
61 hedge funds and large institutions have $119M invested in Verso Corporation in 2017 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 10 closing their positions.
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
9% more funds holding
Funds holding: 56 → 61 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
19% less capital invested
Capital invested by funds: $146M → $119M (-$27.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$3.66M |
| 2 |
Millennium Management
New York
|
+$3.53M |
| 3 |
CP
Centerbridge Partners
New York
|
+$2.16M |
| 4 |
BlackRock
New York
|
+$1.65M |
| 5 |
Morgan Stanley
New York
|
+$981K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$5.77M |
| 2 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$4.58M |
| 3 |
SPC
Silver Point Capital
Greenwich,
Connecticut
|
-$3.83M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.16M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
-$1.66M |
VRS Hedge Fund Activity: Q1 2017 in Review
61 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q1 2017, worth a combined $119M — down 19% from $146M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new VRS positions and 10 closed out — a net gain of 9 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $3.66M. The largest seller was Aristeia Capital, exiting entirely with an estimated $5.77M sold.
- 61 institutional investors held Verso Corporation (VRS) as of Q1 2017, up from 56 in Q4 2016.
- Funds reported $119M of Verso Corporation stock for Q1 2017, down 19% quarter-over-quarter.
- 19 funds opened new Verso Corporation positions in Q1 2017 and 10 closed out, a net change of +9 holders.
- The largest Verso Corporation buyer in Q1 2017 was Invesco, an estimated $3.66M added.
- The largest Verso Corporation seller in Q1 2017 was Aristeia Capital, an estimated $5.77M sold.
Based on aggregated 13F filings for Q1 2017.