Virtusa Corporation
VRTU
VRTU was delisted on the 10th of February, 2021.
164 hedge funds and large institutions have $951M invested in Virtusa Corporation in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 85 increasing their positions, 37 reducing their positions, and 33 closing their positions.
130% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 37
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% less funds holding
Funds holding: 179 → 164 (-15)
21% less capital invested
Capital invested by funds: $1.2B → $951M (-$249M)
45% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 33
90% less call options, than puts
Call options by funds: $4K | Put options by funds: $40K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$19.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.8M |
| 3 |
BlackRock
New York
|
+$10.4M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$8.1M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$7.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.1M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$26.3M |
| 3 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$10.5M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$9.6M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$9.32M |
VRTU Hedge Fund Activity: Q3 2019 in Review
164 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Virtusa Corporation (VRTU) for Q3 2019, worth a combined $951M — down 21% from $1.2B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of VRTU and 18 opened new positions — a net loss of 15 holders — while 37 trimmed existing stakes and 85 added.
The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $19.7M. The largest seller was Fidelity Investments, cutting an estimated $27.1M.
- 164 institutional investors held Virtusa Corporation (VRTU) as of Q3 2019, down from 179 in Q2 2019.
- Funds reported $951M of Virtusa Corporation stock for Q3 2019, down 21% quarter-over-quarter.
- 18 funds opened new Virtusa Corporation positions in Q3 2019 and 33 closed out, a net change of -15 holders.
- The largest Virtusa Corporation buyer in Q3 2019 was Hawk Ridge Capital Management, an estimated $19.7M added.
- The largest Virtusa Corporation seller in Q3 2019 was Fidelity Investments, an estimated $27.1M sold.
Based on aggregated 13F filings for Q3 2019.