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VRS

Verso Corporation

Delisted

VRS was delisted on the 30th of March, 2022.

101 hedge funds and large institutions have $498M invested in Verso Corporation in 2017 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 25 increasing their positions, 15 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

444% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 9

429% more capital invested

Capital invested by funds: $94.2M → $498M (+$404M)

67% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 15

66% more funds holding

Funds holding: 61101 (+40)

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

Holders
101
Holders Change
+40
Holders Change %
+65.57%
% of All Funds
2.29%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
49
Increased
25
Reduced
15
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MCM
1
Mudrick Capital Management
New York
$89.5M +$48.7M +5,092,273 New
OCM
2
Oaktree Capital Management
California
$48M -$1.83M -191,583 -7%
DSC
3
Donald Smith & Co
New York
$35.1M -$594K -62,151 -3%
BlackRock
4
BlackRock
New York
$29.4M +$610K +63,739 +4%
Vanguard Group
5
Vanguard Group
Pennsylvania
$25.7M +$2.5M +261,244 +22%
RCM
6
Redwood Capital Management
New York
$21.1M
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$16.7M +$5.11M +534,783 +129%
NI
8
Numeric Investors
Massachusetts
$16.1M +$8.75M +915,216 New
Millennium Management
9
Millennium Management
New York
$12.3M +$3.51M +367,356 +111%
ISSM
10
Invesco Senior Secured Management
New York
$11M +$6.01M +628,497 New
State Street
11
State Street
Massachusetts
$9.57M +$1.5M +157,016 +40%
JP Morgan Chase
12
JP Morgan Chase
New York
$9.41M +$5.12M +535,388 New
Acadian Asset Management
13
Acadian Asset Management
Massachusetts
$8.38M +$4.56M +476,851 New
Two Sigma Investments
14
Two Sigma Investments
New York
$8.3M +$4.3M +449,864 +1,999%
SC
15
Skylands Capital
Wisconsin
$8.28M +$4.51M +471,350 New
Thrivent Financial for Lutherans
16
Thrivent Financial for Lutherans
Minnesota
$8.03M +$4.37M +456,946 New
Two Sigma Advisers
17
Two Sigma Advisers
New York
$7.7M +$4.19M +438,400 New
Invesco
18
Invesco
Georgia
$6.4M -$1.4M -146,513 -29%
Northern Trust
19
Northern Trust
Illinois
$6.26M -$26.5K -2,769 -0.8%
Fuller & Thaler Asset Management
20
Fuller & Thaler Asset Management
California
$5.71M +$3.11M +324,752 New
AL
21
AJO LP
Pennsylvania
$5.45M +$2.97M +310,253 New
Geode Capital Management
22
Geode Capital Management
Massachusetts
$5.34M +$148K +15,527 +5%
Russell Investments Group
23
Russell Investments Group
United Kingdom
$5.21M +$2.97M +310,506 New
BIM
24
Bogle Investment Management
Massachusetts
$5.11M +$2.78M +290,606 New
Barclays
25
Barclays
United Kingdom
$4.78M +$537K +56,119 +26%

VRS Hedge Fund Activity: Q4 2017 in Review

101 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q4 2017, worth a combined $498M — up 429% from $94.2M a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new VRS positions and 9 closed out — a net gain of 40 holders — while 25 added to existing stakes and 15 trimmed.

The largest buyer was Numeric Investors, opening a new position worth an estimated $8.75M. The largest seller was Western Asset Management Company, exiting entirely with an estimated $7.59M sold.

  • 101 institutional investors held Verso Corporation (VRS) as of Q4 2017, up from 61 in Q3 2017.
  • Funds reported $498M of Verso Corporation stock for Q4 2017, up 429% quarter-over-quarter.
  • 49 funds opened new Verso Corporation positions in Q4 2017 and 9 closed out, a net change of +40 holders.
  • The largest Verso Corporation buyer in Q4 2017 was Numeric Investors, an estimated $8.75M added.
  • The largest Verso Corporation seller in Q4 2017 was Western Asset Management Company, an estimated $7.59M sold.

Based on aggregated 13F filings for Q4 2017.