Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Vertex Inc (VERX)

215 + Investors. Track Smart Money conviction in VERX. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
3Q ▼
Buyers last Q
50%

Smart Money Signals — VERX

Based on 216 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their VERX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 82% of 3.0Y peak

82% of all-time peak
216 funds currently hold this stock — 82% of the 3.0-year high of 265 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 17% fewer funds vs a year ago

fund count last 6Q
44 fewer hedge funds hold VERX compared to a year ago (-17% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 50% buying

131 buying130 selling
Last quarter: 131 funds bought or added vs 130 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+14 vs last Q)

new funds entering per quarter
Funds opening a new VERX position: 54 → 34 → 43 → 57. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

43% of holders stayed for 2+ years

■ 43% conviction (2yr+) ■ 34% medium ■ 23% new
92 out of 216 hedge funds have held VERX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares -9%, value -47%

Value
-47%
Shares
-8%
Last quarter: funds added -9% more shares while total portfolio value only changed -47%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

64 → 54 → 34 → 43 → 57 new funds/Q
New funds entering each quarter: 54 → 34 → 43 → 57. A growing number of institutions are discovering VERX each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 50% veterans vs 24% newcomers

■ 50% veterans ■ 26% 1-2yr ■ 24% new
Entry-cohort mix of 222 holders: 111 (50%) are 2+ year veterans, 57 entered 1–2 years ago, and 54 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
42 of 216 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.7
out of 10
Low Exit Risk
Exit risk score 2.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — VERX

In 2026 Q1, 131 hedge funds were net buyers of VERX (57 opened a new position, 74 added to an existing one), while 130 reduced or exited (71 trimmed, 59 sold completely) — a 50% buyer ratio, indicating a slight buying edge. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 39% of total institutional value in VERX is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 216.

Hedge Fund Ownership: VERX

How many hedge funds hold VERX — quarterly history vs. share price
Quarterly hedge fund ownership of VERX vs. share price

Market Analysis: VERX

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: VERX

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Vertex Inc (VERX) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much VERX has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
VERX
+0.4%
XLK
+40.3%

VERX outperformed XLK by -39.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
VERX
-7.1%
XLK
+5.8%

Since the filing became public, VERX outperformed XLK by -12.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

21 top-rated funds 2 high-conviction
Consensus
5.8
/ 10
breadth
×
Elite
2.2
/ 10
conviction
Hedge Fund Positioning: VERX
215 + Investors

Track Smart Money conviction in VERX. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 215 218 -1.38%
13F Shares 81M 88M -8.61%
Total Value $947M $1.80B -47.35%
New Positions 57 43 +14
Increased Positions 70 78 -8
Closed Positions 60 59 +1
Reduced Positions 68 80 -12
Total Calls 5 6 -16.67%
Total Puts 1 3 -66.67%
PUT/CALL Ratio 0.2 0.5 Bullish

Statistics: VERX

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
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Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

215 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in VERX. Verified SEC 13F-HR filings.

QUARTER:
Top 25 VERX holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Tensile Capital Management LP 5.79% 3,398,563 $40.4M
2 Divisar Capital Management LLC 3.62% 1,195,712 $14.2M
3 Freshford Capital Management, LLC 3.36% 565,547 $6.7M
4 Hyperion Capital Advisors LP 2.75% 480,000 $5.7M
5 Gagnon Advisors, LLC 2.60% 297,050 $3.5M
6 Legacy Advisors, LLC 1.88% 1,343,779 $16.0M
7 Cypress Point Investment Management LP 1.50% 535,901 $6.4M
8 Gagnon Securities LLC 1.29% 468,220 $5.6M
9 Brown Capital Management LLC 0.73% 434,579 $5.2M
10 Counterpoint Mutual Funds LLC 0.73% 406,757 $4.8M
11 Scalar Gauge Management, LLC 0.63% 55,000 $654K
12 Pier Capital, LLC 0.61% 312,227 $3.7M
13 Geneva Capital Management LLC 0.54% 2,134,691 $25.4M
14 Palogic Value Management, L.P. 0.50% 100,000 $1.2M
15 Palisade Capital Management, LP 0.45% 1,141,948 $13.6M
16 HERALD INVESTMENT MANAGEMENT Ltd 0.33% 200,000 $2.4M
17 CenterBook Partners LP 0.17% 258,634 $3.1M
18 Scientech Research LLC 0.16% 16,152 $192K
19 North Star Asset Management Inc 0.12% 237,875 $2.8M
20 VARCOV Co. 0.12% 26,455 $315K
21 Voleon Capital Management LP 0.10% 388,106 $4.6M
22 Twinbeech Capital LP 0.10% 78,200 $930K
23 DKRT Investments Corp. 0.09% 30,000 $357K
24 Saba Capital Management, L.P. 0.09% 263,474 $3.1M
25 Mizuho Markets Americas LLC 0.08% 257,927 $3.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Vertex Inc (VERX)

What does the Smart Money Trend signal show for VERX?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their VERX positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for VERX?

Slight buying edge — 50% buying: Last quarter: 131 funds bought or added vs 130 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for VERX holders?

Strong quality — 39% AUM from major funds: 42 of 216 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held VERX?

43% of holders stayed for 2+ years: 92 out of 216 hedge funds have held VERX for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Vertex Inc (VERX) following the 2026 Q1 hedge fund 13F filings?

As of today, VERX has moved -7.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLK sector ETF — an outperformance of -12.9%. Since the quarter end (March 31, 2026), VERX has gained +0.4% vs +40.3% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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