Virco Manufacturing Corporation

VIRC • NASDAQ

Virco Manufacturing Corporation is a furnishings, fixtures & appliances company in the consumer cyclical sector on NASDAQ, led by Robert A. Virtue, with a market cap of $106.1M. As of Q3 2025, 47% of shares are held by 83 institutional investors, with Minerva Advisors LLC as the largest holder at 8.64%.

President and Chief Executive OfficerRobert A. Virtue

Market Cap$106.1M

Furnishings, Fixtures & Appliances

Consumer Cyclical

Employees776.0

Websitevirco.com

Country

United States of America

Overview

Overview of institutional ownership in VIRC as of Q3 2025 with a market cap of $122.1M

All Institutions

Institutions: 83
Value Held: $57.9M
Shares Held: 7.4M
Avg Position: $697.6K
Median Position: $125.0K

Hedge Funds

Hedge Funds: 11
Value Held: $15.2M
Shares Held: 2.0M
Avg Position: $1.4M
Median Position: $228.5K

Ownership Breakdown

Institutional (non-HF)

34.93%

$42.7M

Hedge Funds

12.47%

$15.2M

Retail & Other

52.6%

$64.3M

Based on market cap of $122.1M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in VIRC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
M Minerva Advisors LLC Hedge Fund•Value	David Peter Cohen President	$10.6M 6.71% of portfolio	8.64% 1.4M shares	≤ Q2 2013 Held for 12y 5m+	$157.5M
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$6.2M 0.00% of portfolio	5.09% 801.7K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$5.2M 0.00% of portfolio	4.26% 671.1K shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
B BlackRock, Inc. Institution	-	$4.9M 0.00% of portfolio	4.04% 636.5K shares	Q1 2017 Held for 8y 8m	$5.67T
A AMERICAN CENTURY COMPANIES INC Institution	-	$4.1M 0.00% of portfolio	3.32% 523.2K shares	Q4 2023 Held for 1y 11m	$195.93B
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	Gillian Morna Therese Savage CEO	$3.4M 0.01% of portfolio	2.78% 437.8K shares	Q3 2023 Held for 2y 2m	$51.5B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$2.0M 0.00% of portfolio	1.66% 261.2K shares	Q3 2014 Held for 11y 2m	$1.57T
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$1.8M 0.00% of portfolio	1.43% 226.0K shares	≤ Q2 2013 Held for 12y 5m+	$75.8B
B Bastion Asset Management Inc. Institution	-	$1.7M 0.98% of portfolio	1.19% 187.2K shares	Q4 2024 Held for 11 months	$173.7M
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$1.4M 0.00% of portfolio	1.17% 184.1K shares	Q2 2021 Held for 4y 5m	$2.88T

Net Capital Flow

Institutional buying and selling activity for VIRC in Q3 2025

Traded: −$3.6M
Buyers: 38
Sellers: 46
Total Bought: +$2.4M
Total Sold: −$6.0M
Avg Position: $603.1K

Biggest Buyers

Institution	Net Bought	Current Position
M Minerva Advisors LLC Hedge Fund•Value	+$612.1K +79.0K shares	$10.6M 1.4M shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	+$235.4K +30.4K shares	$235.4K 30.4K shares
Trexquant Investment LP Hedge Fund•Quant	+$195.2K +25.2K shares	$195.2K 25.2K shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$157.8K +20.4K shares	$157.8K 20.4K shares
LOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INC Long Only Manager	+$152.0K +19.6K shares	$1.1M 138.1K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$141.3K +18.2K shares	$141.3K 18.2K shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	+$136.9K +17.7K shares	$136.9K 17.7K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	+$131.9K +17.0K shares	$3.4M 437.8K shares
North Star Investment Management Corp. RIA/Wealth	+$131.7K +17.0K shares	$1.1M 146.2K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$95.3K +12.3K shares	$95.3K 12.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
B Bastion Asset Management Inc. Institution	−$944.1K −103.7K shares	$1.7M 187.2K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$920.3K −118.7K shares	$1.1M 139.3K shares
UBS Group AG Institution	−$703.4K −90.8K shares	$592.9K 76.5K shares
SummerHaven Investment Management, LLC Long Only Manager	−$479.6K −60.1K shares	Sold Off 0 shares
Inspire Advisors, LLC RIA/Wealth	−$430.1K −53.9K shares	Sold Off 0 shares
BANK OF AMERICA CORP /DE/ Institution	−$285.4K −36.8K shares	$108.2K 14.0K shares
FIRST TRUST ADVISORS LP ETF Provider	−$240.4K −30.1K shares	Sold Off 0 shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	−$184.1K −23.1K shares	Sold Off 0 shares
VANGUARD GROUP INC Institution	−$171.8K −22.2K shares	$5.2M 671.1K shares
C Colony Group, LLC Institution	−$158.6K −20.5K shares	$265.6K 34.3K shares

Entry and Exit Activity

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

New Positions: 5
New Value: $103.5K
Exited Positions: 13
Exited Value: $1.8M

New Positions

Institution	Position Value
Significant Wealth Partners LLC RIA/Wealth	$85.8K 11.1K shares
SRS Capital Advisors, Inc. RIA/Wealth	$14.8K 1.9K shares
Quest Partners LLC Hedge Fund•Quant Macro	$1.5K 191.0 shares
O Optiver Holding B.V. Institution	$1.4K 180.0 shares
PNC FINANCIAL SERVICES GROUP, INC. Institution	$93.0 12.0 shares

Exited Positions

Institution	Previous Position
SummerHaven Investment Management, LLC Long Only Manager	$479.6K 60.1K shares
Inspire Advisors, LLC RIA/Wealth	$430.1K 53.9K shares
FIRST TRUST ADVISORS LP ETF Provider	$240.4K 30.1K shares
JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant	$184.1K 23.1K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$153.3K 19.2K shares
S STRS OHIO Institution	$125.3K 15.7K shares
W Winton Capital Group Ltd Institution	$98.3K 12.3K shares
S State of Wyoming Institution	$47.6K 6.0K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	$14.8K 1.9K shares
$US BANCORP \DE\ logo$ US BANCORP \DE\ Institution	$12.3K 1.5K shares

Options Activity

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

Call Positions: 1
Call Value: $126.3K
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$126.3K 163.0 contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
M Minerva Advisors LLC Hedge Fund•Value	David Peter Cohen President	6.71% $10.6M	8.64% 1.4M shares	≤ Q2 2013 Held for 12y 5m+	$157.5M
B Bastion Asset Management Inc. Institution	-	0.98% $1.7M	1.19% 187.2K shares	Q4 2024 Held for 11 months	$173.7M
North Star Investment Management Corp. RIA/Wealth	Peter David Gottlieb President	0.07% $1.1M	0.93% 146.2K shares	Q3 2024 Held for 1y 2m	$1.6B
Sequent Planning LLC RIA/Wealth	Chelsea Kiehler President	0.07% $229.7K	0.19% 29.6K shares	Q1 2024 Held for 1y 8m	$343.0M
Significant Wealth Partners LLC RIA/Wealth	Brian William Atkins President	0.04% $85.8K	0.07% 11.1K shares	Q3 2025 Held for 2 months	$204.6M
Koss-Olinger Consulting, LLC RIA/Wealth	Kirk Edward Klein Managing Partner	0.04% $451.3K	0.37% 58.2K shares	Q4 2023 Held for 1y 11m	$1.2B
P Park Edge Advisors, LLC RIA/Wealth	Richard Wayne Lowrie Managing Partner	0.03% $124.2K	0.10% 16.0K shares	Q1 2024 Held for 1y 8m	$429.1M
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	David Khabie-Zeitoune CEO	0.02% $235.4K	0.19% 30.4K shares	Q3 2025 Held for 2 months	$1.1B
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	John Noland Ryan Montgomery CEO	0.02% $712.7K	0.58% 92.0K shares	Q4 2015 Held for 9y 11m	$4.7B
JAMES INVESTMENT RESEARCH INC Long Only Manager	Richard Brian Culpepper CEO	0.01% $81.4K	0.07% 10.5K shares	Q2 2015 Held for 10y 5m	$912.7M

Hedge Fund Spotlight

Discover hedge funds investing in VIRC

Minerva Advisors LLC

Hedge Fund • Value

Portfolio ManagerDavid Peter Cohen

Portfolio Value: $157.5M
Positions: 56
Last Reported: Q3 2025

Sector Allocation

Position in Virco Manufacturing Corporation

Market Value: $10.6M
Shares Held: 1.4M
Portfolio Weight: 6.71%
Owned Since: 2013-Q2

Top Holding	Sector	Market Value	Weight
1 Great Lakes Dredge & Dock GLDD	Engineering & Construction Industrials	$16.7M	10.58%
2 Tredegar TG	Manufacturing - Metal Fabrication Industrials	$13.3M	8.45%
3 Eastern Company EML	Manufacturing - Tools & Accessories Industrials	$12.4M	7.90%