Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
113 hedge funds and large institutions have $345M invested in Verso Corporation in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 40 reducing their positions, and 10 closing their positions.
329% more call options, than puts
Call options by funds: $4.27M | Put options by funds: $997K
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
17% more capital invested
Capital invested by funds: $296M → $345M (+$49.2M)
7% more funds holding
Funds holding: 106 → 113 (+7)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$5.78M |
| 2 |
PAPAIJV
Paragon Associates & Paragon Associates II Joint Venture
Dallas,
Texas
|
+$2.67M |
| 3 |
BlackRock
New York
|
+$2.39M |
| 4 |
Morgan Stanley
New York
|
+$2.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$16.3M |
| 2 |
Millennium Management
New York
|
-$2.95M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.84M |
| 4 |
DSC
Donald Smith & Co
New York
|
-$1.57M |
| 5 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.21M |
VRS Hedge Fund Activity: Q1 2021 in Review
113 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q1 2021, worth a combined $345M — up 17% from $296M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new VRS positions and 10 closed out — a net gain of 7 holders — while 39 added to existing stakes and 40 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $5.78M. The largest seller was Royce & Associates, exiting entirely with an estimated $16.3M sold.
- 113 institutional investors held Verso Corporation (VRS) as of Q1 2021, up from 106 in Q4 2020.
- Funds reported $345M of Verso Corporation stock for Q1 2021, up 17% quarter-over-quarter.
- 17 funds opened new Verso Corporation positions in Q1 2021 and 10 closed out, a net change of +7 holders.
- The largest Verso Corporation buyer in Q1 2021 was Kennedy Capital Management, an estimated $5.78M added.
- The largest Verso Corporation seller in Q1 2021 was Royce & Associates, an estimated $16.3M sold.
Based on aggregated 13F filings for Q1 2021.