Vertex, Inc.

VERX • NASDAQ

Vertex, Inc. is a software - application company in the technology sector on NASDAQ, led by Christopher David Young, with a market cap of $3.0B. As of Q3 2025, 54% of shares are held by 235 institutional investors, with VANGUARD GROUP INC as the largest holder at 5.26%.

CEOChristopher David Young

Market Cap$3.0B

Software - Application

Technology

Employees1.5K

Websitevertexinc.com

Country

United States of America

Overview

Overview of institutional ownership in VERX as of Q3 2025 with a market cap of $4.0B

All Institutions

Institutions: 235
Value Held: $2.1B
Shares Held: 85.4M
Avg Position: $9.0M
Median Position: $917.0K

Hedge Funds

Hedge Funds: 30
Value Held: $223.3M
Shares Held: 9.0M
Avg Position: $7.4M
Median Position: $1.5M

Ownership Breakdown

Institutional (non-HF)

47.91%

$1.9B

Hedge Funds

5.65%

$223.3M

Retail & Other

46.44%

$1.8B

Based on market cap of $4.0B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in VERX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$207.9M 0.00% of portfolio	5.26% 8.4M shares	Q3 2020 Held for 5y 3m	$6.69T
BlackRock, Inc. Institution	Laurence D. Fink CEO	$131.8M 0.00% of portfolio	3.33% 5.3M shares	Q3 2020 Held for 5y 3m	$5.67T
Tensile Capital Management LLC Hedge Fund•Value	Arthur Chiakai Young Managing Partner	$94.3M 11.78% of portfolio	2.39% 3.8M shares	Q3 2020 Held for 5y 3m	$800.4M
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	Edward Murray Maloney CEO	$88.4M 0.03% of portfolio	2.24% 3.6M shares	Q2 2025 Held for 6 months	$322.72B
B BROWN ADVISORY INC RIA/Wealth	David Alan Miller Founder	$76.4M 0.10% of portfolio	1.93% 3.1M shares	Q3 2025 Held for 3 months	$74.0B
N Neuberger Berman Group LLC Institution	-	$74.1M 0.05% of portfolio	1.87% 3.0M shares	Q3 2020 Held for 5y 3m	$136.94B
GENEVA CAPITAL MANAGEMENT LTD/WI Long Only Manager	William S Priebe Managing Partner	$72.7M 1.25% of portfolio	1.84% 2.9M shares	Q2 2024 Held for 1y 6m	$5.8B
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	$67.6M 0.36% of portfolio	1.71% 2.7M shares	Q2 2025 Held for 6 months	$18.6B
Conestoga Capital Advisors, LLC Long Only Manager	Robert Michael Mitchell Partner	$63.0M 1.01% of portfolio	1.59% 2.5M shares	Q4 2020 Held for 5 years	$6.2B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$53.6M 0.01% of portfolio	1.36% 2.2M shares	Q2 2025 Held for 6 months	$571.21B

Net Capital Flow

Institutional buying and selling activity for VERX in Q3 2025

Traded: +$38.0M
Buyers: 124
Sellers: 149
Total Bought: +$451.9M
Total Sold: −$413.9M
Avg Position: $7.1M

Biggest Buyers

Institution	Net Bought	Current Position
B BROWN ADVISORY INC RIA/Wealth	+$76.4M +3.1M shares	$76.4M 3.1M shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Long Only Manager	+$61.7M +2.5M shares	$88.4M 3.6M shares
L Legacy Advisors, LLC RIA/Wealth	+$32.1M +1.3M shares	$33.3M 1.3M shares
Park West Asset Management LLC Hedge Fund•Multi-Strategy	+$31.0M +1.3M shares	$31.0M 1.3M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$23.3M +937.9K shares	$53.6M 2.2M shares
UBS Group AG Institution	+$22.9M +925.6K shares	$47.9M 1.9M shares
VANGUARD GROUP INC Institution	+$17.1M +689.1K shares	$207.9M 8.4M shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$16.1M +648.0K shares	$18.1M 728.6K shares
H Hyperion Capital Advisors LP Hedge Fund•Long/Short	+$13.4M +540.0K shares	$13.4M 540.0K shares
MORGAN STANLEY RIA/Wealth	+$13.2M +533.2K shares	$24.1M 973.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
C Capital World Investors Institution	−$77.5M −2.2M shares	Sold Off 0 shares
LOOMIS SAYLES & CO L P Long Only Manager	−$42.2M −1.2M shares	Sold Off 0 shares
F FRED ALGER MANAGEMENT INC Long Only Manager	−$24.5M −987.1K shares	$17.4M 703.0K shares
FRANKLIN RESOURCES INC Institution	−$22.0M −888.6K shares	$36.5M 1.5M shares
Conestoga Capital Advisors, LLC Long Only Manager	−$21.2M −855.4K shares	$63.0M 2.5M shares
SILVERCREST ASSET MANAGEMENT GROUP LLC RIA/Wealth	−$19.5M −550.7K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$15.3M −618.5K shares	$4.6M 186.0K shares
Chicago Capital, LLC RIA/Wealth	−$15.3M −432.5K shares	Sold Off 0 shares
BlackRock, Inc. Institution	−$12.6M −507.5K shares	$131.8M 5.3M shares
N NEW YORK STATE COMMON RETIREMENT FUND Institution	−$12.2M −493.4K shares	$9.5M 384.7K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited VERX in Q3 2025

New Positions: 20
New Value: $137.3M
Exited Positions: 60
Exited Value: $214.3M

New Positions

Institution	Position Value
B BROWN ADVISORY INC RIA/Wealth	$76.4M 3.1M shares
Park West Asset Management LLC Hedge Fund•Multi-Strategy	$31.0M 1.3M shares
H Hyperion Capital Advisors LP Hedge Fund•Long/Short	$13.4M 540.0K shares
BAMCO INC /NY/ Long Only Manager	$6.1M 248.0K shares
Whetstone Capital Advisors, LLC Hedge Fund•Long/Short	$2.8M 113.5K shares
IVY LANE CAPITAL MANAGEMENT, LLC Hedge Fund•Value	$2.3M 94.0K shares
2 2Xideas AG Institution	$1.6M 63.3K shares
Holocene Advisors, LP Hedge Fund•Long/Short	$1.1M 44.6K shares
Morningstar Investment Management LLC Long Only Manager	$848.8K 34.2K shares
A AXQ CAPITAL, LP Hedge Fund•Market Neutral	$517.2K 20.9K shares

Exited Positions

Institution	Previous Position
C Capital World Investors Institution	$77.5M 2.2M shares
LOOMIS SAYLES & CO L P Long Only Manager	$42.2M 1.2M shares
SILVERCREST ASSET MANAGEMENT GROUP LLC RIA/Wealth	$19.5M 550.7K shares
Chicago Capital, LLC RIA/Wealth	$15.3M 432.5K shares
NEXT CENTURY GROWTH INVESTORS LLC Long Only Manager	$11.7M 331.4K shares
DLD Asset Management, LP Hedge Fund•Multi-Strategy	$10.2M 289.3K shares
OSTERWEIS CAPITAL MANAGEMENT INC Long Only Manager	$6.6M 185.6K shares
Monashee Investment Management LLC Hedge Fund•Sector	$4.6M 130.0K shares
L LGT Fund Management Co Ltd. Institution	$3.6M 101.4K shares
T TWINBEECH CAPITAL LP Hedge Fund•Quant	$3.2M 90.1K shares

Options Activity

Institutions with the largest Call and Put options positions in VERX as of Q3 2025

Call Positions: 10
Call Value: $97.2M
Put Positions: 3
Put Value: $347.1K

Call Positions

Institution	Position Value
UBS Group AG Institution	$70.6M 28.5K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$10.1M 4.1K contracts
J JANE STREET GROUP, LLC Institution	$6.3M 2.5K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$3.7M 1.5K contracts
Caption Management, LLC Hedge Fund•Long/Short	$3.7M 1.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.7M 701.0 contracts
Verition Fund Management LLC Hedge Fund•Multi-Strategy	$619.8K 250.0 contracts
CITIGROUP INC Institution	$322.3K 130.0 contracts
Walleye Trading LLC RIA/Wealth	$57.0K 23.0 contracts
C Cubist Systematic Strategies, LLC Institution	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$342.1K 138.0 contracts
Walleye Trading LLC RIA/Wealth	$5.0K 2.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Most Committed Institutions

Institutions with VERX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Tensile Capital Management LLC Hedge Fund•Value	Arthur Chiakai Young Managing Partner	11.78% $94.3M	2.39% 3.8M shares	Q3 2020 Held for 5y 3m	$800.4M
H Hyperion Capital Advisors LP Hedge Fund•Long/Short	John Brooks Harris President	7.16% $13.4M	0.34% 540.0K shares	Q3 2025 Held for 3 months	$187.0M
L Legacy Advisors, LLC RIA/Wealth	Michael Theodore Piotrowicz Managing Partner	5.45% $33.3M	0.84% 1.3M shares	Q3 2021 Held for 4y 3m	$610.7M
ShawSpring Partners LLC Hedge Fund•Long/Short	Dennis Hong Managing Partner	3.99% $26.8M	0.68% 1.1M shares	Q1 2025 Held for 9 months	$672.6M
G Gagnon Advisors, LLC Hedge Fund•Long/Short	Neil Joseph Gagnon CEO	3.56% $5.8M	0.15% 232.5K shares	Q4 2023 Held for 2 years	$162.0M
Park West Asset Management LLC Hedge Fund•Multi-Strategy	Peter Sang Hun Park CIO	2.83% $31.0M	0.78% 1.3M shares	Q3 2025 Held for 3 months	$1.1B
IVY LANE CAPITAL MANAGEMENT, LLC Hedge Fund•Value	Robert Waldemar Koehn Managing Partner	2.61% $2.3M	0.06% 94.0K shares	Q3 2025 Held for 3 months	$89.4M
Aperture Investors, LLC Hedge Fund•Multi-Strategy	Peter Steven Kraus CEO	2.59% $18.7M	0.47% 752.4K shares	Q4 2023 Held for 2 years	$719.9M
Pembroke Management, LTD Long Only Manager	Nicolas Gilles Chevalier CEO	2.01% $20.3M	0.51% 818.1K shares	Q4 2023 Held for 2 years	$1.0B
GAGNON SECURITIES LLC RIA/Wealth	Neil Joseph Gagnon CEO	1.90% $9.4M	0.24% 378.7K shares	Q4 2023 Held for 2 years	$495.3M