VeriSign
VRSN
403 hedge funds and large institutions have $10.1B invested in VeriSign in 2016 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 124 increasing their positions, 185 reducing their positions, and 43 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
3% less funds holding
Funds holding: 414 → 403 (-11)
12% less capital invested
Capital invested by funds: $11.5B → $10.1B (-$1.33B)
19% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 43
33% less repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 185
78% less call options, than puts
Call options by funds: $46.6M | Put options by funds: $211M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gruss Capital Management
New York
|
+$101M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$66M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$64.9M |
| 4 |
Bank of New York Mellon
New York
|
+$55M |
| 5 |
Renaissance Technologies
New York
|
+$50.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$139M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$121M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$108M |
| 4 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
-$62.8M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$47.2M |
VRSN Hedge Fund Activity: Q3 2016 in Review
403 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in VeriSign (VRSN) for Q3 2016, worth a combined $10.1B — down 12% from $11.5B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of VRSN and 35 opened new positions — a net loss of 8 holders — while 185 trimmed existing stakes and 124 added.
The largest buyer was Gruss Capital Management, opening a new position worth an estimated $101M. The largest seller was Capital International Investors, cutting an estimated $139M.
- 403 institutional investors held VeriSign (VRSN) as of Q3 2016, down from 414 in Q2 2016.
- Funds reported $10.1B of VeriSign stock for Q3 2016, down 12% quarter-over-quarter.
- 35 funds opened new VeriSign positions in Q3 2016 and 43 closed out, a net change of -8 holders.
- The largest VeriSign buyer in Q3 2016 was Gruss Capital Management, an estimated $101M added.
- The largest VeriSign seller in Q3 2016 was Capital International Investors, an estimated $139M sold.
Based on aggregated 13F filings for Q3 2016.