VeriSign
VRSN
558 hedge funds and large institutions have $21.7B invested in VeriSign in 2020 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 177 increasing their positions, 231 reducing their positions, and 58 closing their positions.
34% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 58
12% more capital invested
Capital invested by funds: $19.3B → $21.7B (+$2.41B)
3% more funds holding
Funds holding: 541 → 558 (+17)
1.13% less ownership
Funds ownership: 91.92% → 90.8% (-1.1%)
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
14% less call options, than puts
Call options by funds: $64.9M | Put options by funds: $75.9M
23% less repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 231
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Palestra Capital Management
New York
|
+$164M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$113M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$92.3M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$63.7M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
+$60.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$227M |
| 2 |
Renaissance Technologies
New York
|
-$165M |
| 3 |
MCM
Melvin Capital Management
New York
|
-$119M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$96.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$71.8M |
VRSN Hedge Fund Activity: Q2 2020 in Review
558 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in VeriSign (VRSN) for Q2 2020, worth a combined $21.7B — up 12% from $19.3B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new VRSN positions and 58 closed out — a net gain of 20 holders — while 177 added to existing stakes and 231 trimmed.
The largest buyer was Palestra Capital Management, opening a new position worth an estimated $164M. The largest seller was Wellington Management Group, cutting an estimated $227M.
- 558 institutional investors held VeriSign (VRSN) as of Q2 2020, up from 541 in Q1 2020.
- Funds reported $21.7B of VeriSign stock for Q2 2020, up 12% quarter-over-quarter.
- 78 funds opened new VeriSign positions in Q2 2020 and 58 closed out, a net change of +20 holders.
- The largest VeriSign buyer in Q2 2020 was Palestra Capital Management, an estimated $164M added.
- The largest VeriSign seller in Q2 2020 was Wellington Management Group, an estimated $227M sold.
Based on aggregated 13F filings for Q2 2020.