Vestis
VSTS
285 hedge funds and large institutions have $2.49B invested in Vestis in 2024 Q1 according to their latest regulatory filings, with 63 funds opening new positions, 87 increasing their positions, 94 reducing their positions, and 50 closing their positions.
26% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 50
5% more funds holding
Funds holding: 272 → 285 (+13)
0.54% less ownership
Funds ownership: 98.77% → 98.23% (-0.54%)
4% less call options, than puts
Call options by funds: $2.51M | Put options by funds: $2.63M
7% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 94
9% less capital invested
Capital invested by funds: $2.74B → $2.49B (-$255M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$83M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$73.7M |
| 3 |
CM
Corvex Management
New York
|
+$65.9M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$32.2M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRL
Mantle Ridge LP
New York
|
-$134M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$90.7M |
| 3 |
PC
PointState Capital
New York
|
-$66.4M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$32.7M |
| 5 |
MAP
Madison Avenue Partners
New York
|
-$28.5M |
VSTS Hedge Fund Activity: Q1 2024 in Review
285 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Vestis (VSTS) for Q1 2024, worth a combined $2.49B — down 9.3% from $2.74B a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new VSTS positions and 50 closed out — a net gain of 13 holders — while 87 added to existing stakes and 94 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $83M. The largest seller was Mantle Ridge LP, exiting entirely with an estimated $134M sold.
- 285 institutional investors held Vestis (VSTS) as of Q1 2024, up from 272 in Q4 2023.
- Funds reported $2.49B of Vestis stock for Q1 2024, down 9.3% quarter-over-quarter.
- 63 funds opened new Vestis positions in Q1 2024 and 50 closed out, a net change of +13 holders.
- The largest Vestis buyer in Q1 2024 was Fidelity Investments, an estimated $83M added.
- The largest Vestis seller in Q1 2024 was Mantle Ridge LP, an estimated $134M sold.
Based on aggregated 13F filings for Q1 2024.