VELO ranks #3909 out of 37501 tracked stocks by institutional interest, inside the more closely watched half of our coverage.
VELO is a disclosed holding of Jane Street (Jane Street Group), one of the tracked superinvestors on AlphaSMO — it makes up 0.0% of that fund's own 13F portfolio.
VELO is a top-conviction position for VK Services, LLC — at 100.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in VELO belongs to Susquehanna International Group, LLP, but the position matters far more to VK Services, LLC, who has 100.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
BlackRock has added to its VELO position for two straight quarters, increasing it by $22.4M to reach $24.2M today.
DnB Asset Management AS has trimmed its VELO position for two straight quarters, cutting it by $3.0M while still holding $245.9K.
VELO is down 5.5% today, but institutions show net buying of $106.0M this quarter — a divergence between today's price move and the underlying institutional flow.