Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
178 hedge funds and large institutions have $686M invested in Verso Corporation in 2019 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 73 increasing their positions, 45 reducing their positions, and 28 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 45
0% more funds holding
Funds holding: 178 → 178 (0)
0% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 28
4% less capital invested
Capital invested by funds: $717M → $686M (-$31.1M)
30% less call options, than puts
Call options by funds: $779K | Put options by funds: $1.12M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.4M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$7.8M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$6.37M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$5.73M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ISSM
Invesco Senior Secured Management
New York
|
-$13.8M |
| 2 |
Morgan Stanley
New York
|
-$11.1M |
| 3 |
Millennium Management
New York
|
-$8.86M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$7.55M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$5.92M |
VRS Hedge Fund Activity: Q1 2019 in Review
178 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q1 2019, worth a combined $686M — down 4.3% from $717M a quarter earlier.
Fund positioning in VRS was balanced in Q1 2019: 28 funds opened new positions, 28 closed out, 73 added to existing stakes and 45 trimmed.
The largest buyer was Vanguard Group, adding an estimated $10.4M. The largest seller was Invesco Senior Secured Management, exiting entirely with an estimated $13.8M sold.
- 178 institutional investors held Verso Corporation (VRS) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $686M of Verso Corporation stock for Q1 2019, down 4.3% quarter-over-quarter.
- 28 funds opened new Verso Corporation positions in Q1 2019 and 28 closed out, a net change of 0 holders.
- The largest Verso Corporation buyer in Q1 2019 was Vanguard Group, an estimated $10.4M added.
- The largest Verso Corporation seller in Q1 2019 was Invesco Senior Secured Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q1 2019.