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VRS

Verso Corporation

Delisted

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

134 hedge funds and large institutions have $635M invested in Verso Corporation in 2021 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 26 increasing their positions, 45 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

11,330% more call options, than puts

Call options by funds: $1.14M | Put options by funds: $10K

121% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 19

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

54% more capital invested

Capital invested by funds: $413M → $635M (+$222M)

20% more funds holding

Funds holding: 112134 (+22)

42% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 45

Holders
134
Holders Change
+22
Holders Change %
+19.64%
% of All Funds
2.06%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.08%
New
42
Increased
26
Reduced
45
Closed
19
Calls
$1.14M
Puts
$10K
Net Calls
+$1.13M
Net Calls Change
-$3.18M
Name Holding Trade Value Shares
Change
Change in
Stake
AF
1
Atlas FRM
Connecticut
$74.4M +$60.9M +2,700,646 New
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$69.5M -$1.31M -58,182 -2%
SCM
3
SCW Capital Management
Texas
$54.2M -$1.95M -86,466 -4%
BlackRock
4
BlackRock
New York
$50M -$698K -30,946 -2%
Vanguard Group
5
Vanguard Group
Pennsylvania
$36.3M -$2.35M -104,129 -7%
DSC
6
Donald Smith & Co
New York
$28.4M -$7.8M -345,715 -25%
Charles Schwab
7
Charles Schwab
California
$21.2M -$504K -22,317 -3%
State Street
8
State Street
Massachusetts
$17.8M +$58.9K +2,610 +0.4%
SC
9
Skylands Capital
Wisconsin
$16.9M +$202K +8,950 +1%
Millennium Management
10
Millennium Management
New York
$13M +$9.8M +434,304 +902%
WIC
11
Water Island Capital
New York
$12.7M +$10.6M +471,000 New
Geode Capital Management
12
Geode Capital Management
Massachusetts
$12M -$557K -24,685 -5%
Assenagon Asset Management
13
Assenagon Asset Management
Luxembourg
$11.4M +$9.55M +423,029 New
WIM
14
Wittenberg Investment Management
Massachusetts
$10.2M -$176K -7,777 -2%
JP Morgan Chase
15
JP Morgan Chase
New York
$9.88M -$1.1M -48,778 -12%
Verition Fund Management
16
Verition Fund Management
Connecticut
$8.98M +$7.5M +332,229 New
BSCM
17
Berry Street Capital Management
United Kingdom
$8.11M +$6.77M +300,000 New
Citadel Advisors
18
Citadel Advisors
Florida
$7.86M +$3.75M +166,202 +133%
TG
19
TCW Group
California
$7.73M -$142K -6,300 -2%
Marshall Wace
20
Marshall Wace
United Kingdom
$7.22M +$3.69M +163,377 +157%
Renaissance Technologies
21
Renaissance Technologies
New York
$7.14M +$1.37M +60,700 +30%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$7.1M -$2.49M -110,523 -30%
Northern Trust
23
Northern Trust
Illinois
$7.04M -$138K -6,128 -2%
Morgan Stanley
24
Morgan Stanley
New York
$7.03M +$3.59M +159,074 +157%
AAM
25
Alpine Associates Management
Florida
$6.69M +$5.59M +247,700 New

VRS Hedge Fund Activity: Q4 2021 in Review

134 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q4 2021, worth a combined $635M — up 54% from $413M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new VRS positions and 19 closed out — a net gain of 23 holders — while 26 added to existing stakes and 45 trimmed.

The largest buyer was Water Island Capital, opening a new position worth an estimated $10.6M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $9.34M sold.

  • 134 institutional investors held Verso Corporation (VRS) as of Q4 2021, up from 112 in Q3 2021.
  • Funds reported $635M of Verso Corporation stock for Q4 2021, up 54% quarter-over-quarter.
  • 42 funds opened new Verso Corporation positions in Q4 2021 and 19 closed out, a net change of +23 holders.
  • The largest Verso Corporation buyer in Q4 2021 was Water Island Capital, an estimated $10.6M added.
  • The largest Verso Corporation seller in Q4 2021 was Kennedy Capital Management, an estimated $9.34M sold.

Based on aggregated 13F filings for Q4 2021.