VSE Corp
VSEC
66 hedge funds and large institutions have $130M invested in VSE Corp in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 30 increasing their positions, 21 reducing their positions, and 15 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 21
2.96% more ownership
Funds ownership: 70.18% → 73.14% (+3%)
16% less funds holding
Funds holding: 79 → 66 (-13)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
56% less capital invested
Capital invested by funds: $293M → $130M (-$163M)
80% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$6.63M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.65M |
| 3 |
2L
22NW LP
Seattle,
Washington
|
+$1.26M |
| 4 |
WANY
Wealthspire Advisors (New York)
New York
|
+$655K |
| 5 |
MOACM
Mutual of America Capital Management
New York
|
+$562K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$3.81M |
| 2 |
State Street
Boston,
Massachusetts
|
-$722K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$468K |
| 4 |
Morgan Stanley
New York
|
-$321K |
| 5 |
Goldman Sachs
New York
|
-$311K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$212K | -5,581 | Closed |
|
|
MIM
77
MetLife Investment Management
Whippany,
New Jersey
| – | -$159K | -4,190 | Closed |
|
|
MLICM
78
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$121K | -3,186 | Closed |
|
|
OSAM
79
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$62K | -1,636 | Closed |
|
|
CCM
80
Copeland Capital Management
Conshohocken,
Pennsylvania
| – | -$17K | -455 | Closed |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| – | -$7K | -189 | Closed |
|
VSEC Hedge Fund Activity: Q1 2020 in Review
66 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in VSE Corp (VSEC) for Q1 2020, worth a combined $130M — down 56% from $293M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of VSEC and 3 opened new positions — a net loss of 12 holders — while 21 trimmed existing stakes and 30 added.
The largest buyer was PNC Financial Services Group, adding an estimated $6.63M. The largest seller was JP Morgan Chase, cutting an estimated $3.81M.
- 66 institutional investors held VSE Corp (VSEC) as of Q1 2020, down from 79 in Q4 2019.
- Funds reported $130M of VSE Corp stock for Q1 2020, down 56% quarter-over-quarter.
- 3 funds opened new VSE Corp positions in Q1 2020 and 15 closed out, a net change of -12 holders.
- The largest VSE Corp buyer in Q1 2020 was PNC Financial Services Group, an estimated $6.63M added.
- The largest VSE Corp seller in Q1 2020 was JP Morgan Chase, an estimated $3.81M sold.
Based on aggregated 13F filings for Q1 2020.