VSE CORP VSEC
COM · Common Stock · CUSIP 918284100 · ISIN US9182841000
American diversified services company
- SectorIndustrials
- IndustryServices-Engineering Services
- HeadquartersMiramar, FL
- Founded1959
- Websitevsecorp.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 15.4m as of 2023-07-24, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $54.69. Options: 2 managers hold calls ($421.1k notional), 5 hold puts ($2.2m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 93 |
| Q4 2022 | 86 |
| Q1 2023 | 93 |
| Q2 2023 | 101 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 37 | 40 |
| Q1 2023 | 49 | 33 |
| Q2 2023 | 52 | 34 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $0 | $0 | — |
| Q4 2022 | $140.6k | $42.2k | 0.30 |
| Q1 2023 | $121.2k | $22.4k | 0.19 |
| Q2 2023 | $421.1k | $2.2m | 5.30 |
Biggest buyers
| Roubaix Capital, LLC | New | +78.0k |
| LOOMIS SAYLES & CO L P | Added | +22.4k |
| Russell Investments Group, Ltd. | New | +20.9k |
| AMERIPRISE FINANCIAL INC | New | +20.7k |
| PUTNAM INVESTMENTS LLC | Added | +16.0k |
| KENNEDY CAPITAL MANAGEMENT LLC | Added | +14.3k |
| BlackRock Inc. | Added | +12.7k |
| OBERWEIS ASSET MANAGEMENT INC/ | Added | +9.2k |
| Boston Partners | New | +7.8k |
| GW&K Investment Management, LLC | Added | +7.7k |
Biggest sellers
| FMR LLC | Reduced | -1.9m |
| ROYCE & ASSOCIATES LP | Reduced | -60.4k |
| CITADEL ADVISORS LLC | Reduced | -19.8k |
| First Eagle Investment Management, LLC | Reduced | -12.7k |
| PEREGRINE CAPITAL MANAGEMENT LLC | Reduced | -9.4k |
| AQR CAPITAL MANAGEMENT LLC | Sold out | -7.7k |
| Balyasny Asset Management L.P. | Sold out | -7.5k |
| WISCONSIN CAPITAL MANAGEMENT LLC | Reduced | -7.5k |
| Trexquant Investment LP | Sold out | -6.5k |
| TWO SIGMA ADVISERS, LP | Sold out | -6.2k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $421.1k7.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $1.0m18.4k shares |
| WOLVERINE TRADING, LLC | New | $601.7k11.0k shares |
| SIMPLEX TRADING, LLC | New | $339.0k6.2k shares |
| CITADEL ADVISORS LLC | Added | $284.4k5.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +7.2 pts · filed 2026-04-07 | 15.5% |
| T. Rowe Price Investment Management, Inc. 13G · institution -1.5 pts · filed 2026-08-14 | 8.2% |
| STATE STREET CORP 13G · institution new · filed 2026-05-12 | 6.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.2% |
Fell to 5% or below in the last year: Durable Capital Partners LP (3.5%, 2026-08-14), Capital Research Global Investors (3.3%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $188 | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $111.3k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.01% of their portfolio | 1.9m $105.7m | Reduced -1.9m |
| KOONCE CALVIN SCOTT 99.94% of their portfolio | 1.9m $102.1m | Unchanged |
| BlackRock Inc. 0.00% of their portfolio | 753.1k $41.2m | Added +12.7k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 750.1k $41.0m | Reduced -1.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 591.6k $32.4m | Added +1.6k |
| FIL Ltd 0.03% of their portfolio | 506.2k $27.7m | Unchanged |
| ROYCE & ASSOCIATES LP 0.22% of their portfolio | 414.1k $22.6m | Reduced -60.4k |
| Juniper Investment Company, LLC 11.48% of their portfolio | 330.5k $18.1m | Added +4.9k |
| Legal Advantage Investments, Inc. 8.71% of their portfolio | 239.0k $13.1m | Reduced -2.6k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.34% of their portfolio | 228.3k $12.5m | Reduced -9.4k |
| MONTGOMERY INVESTMENT MANAGEMENT INC 4.16% of their portfolio | 226.2k $12.4m | Unchanged |
| GW&K Investment Management, LLC 0.11% of their portfolio | 218.1k $11.9m | Added +7.7k |
| STATE STREET CORP 0.00% of their portfolio | 217.9k $11.9m | Added +6.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 214.7k $11.7m | Added +6.7k |
| PRIVATE MANAGEMENT GROUP INC 0.48% of their portfolio | 206.2k $11.3m | Reduced -4.5k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 205.2k $11.2m | Added +4.6k |
| Kendall Capital Management 3.36% of their portfolio | 140.2k $7.7m | Unchanged |
| HARBERT FUND ADVISORS, LLC 4.82% of their portfolio | 137.4k $7.5m | Unchanged |
| LOOMIS SAYLES & CO L P 0.01% of their portfolio | 135.9k $7.4m | Added +22.4k |
| Keeley-Teton Advisors, LLC 0.73% of their portfolio | 104.8k $5.7m | Reduced -5.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 103.9k $5.7m | Added +2.0k |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 97.8k $5.3m | Reduced -12.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 81.7k $4.5m | Added +524 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 79.8k $4.4m | Added +878 |
| PUTNAM INVESTMENTS LLC 0.01% of their portfolio | 78.6k $4.3m | Added +16.0k |
| Roubaix Capital, LLC 3.13% of their portfolio | 78.0k $4.3m | New |
| Invesco Ltd. 0.00% of their portfolio | 66.5k $3.6m | Added +4.5k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 62.1k $3.4m | Added +71 |
| MORGAN STANLEY 0.00% of their portfolio | 61.7k $3.4m | Added +3.2k |
| Bragg Financial Advisors, Inc 0.16% of their portfolio | 51.8k $2.8m | Added +85 |
| KENNEDY CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 48.2k $2.6m | Added +14.3k |
| OBERWEIS ASSET MANAGEMENT INC/ 0.32% of their portfolio | 47.7k $2.6m | Added +9.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 43.2k $2.4m | Added +3.4k |
| WISCONSIN CAPITAL MANAGEMENT LLC 1.53% of their portfolio | 43.1k $2.4m | Reduced -7.5k |
| Hendershot Investments Inc. 0.37% of their portfolio | 41.5k $2.3m | Unchanged |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 28.3k $1.6m | Added +399 |
| Swiss National Bank 0.00% of their portfolio | 25.3k $1.4m | Added +1.8k |
| Fisher Asset Management, LLC 0.00% of their portfolio | 24.4k $1.3m | Reduced -2.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 22.8k $1.2m | Added +5.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 22.0k $1.2m | Added +6.2k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 20.9k $1.1m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 20.7k $1.1m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 20.4k $1.1m | Reduced -1.6k |
| North Star Investment Management Corp. 0.09% of their portfolio | 19.8k $1.1m | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 18.7k $1.0m | Reduced -361 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 16.4k $895.0k | Unchanged |
| Advisors Asset Management, Inc. 0.02% of their portfolio | 15.9k $869.8k | Reduced -684 |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 14.8k $810.3k | Added +5.5k |
| ClariVest Asset Management LLC 0.04% of their portfolio | 13.9k $761.0k | Added +2.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 13.8k $752.0k | Added +250 |
| Seelaus Asset Management LLC 0.54% of their portfolio | 12.7k $693.0k | Reduced -2.7k |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 12.6k $690.8k | Added +1.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 10.9k $596.0k | Added +100 |
| Squarepoint Ops LLC 0.00% of their portfolio | 10.5k $576.4k | Reduced -505 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 10.3k $564.2k | Added +1.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 10.0k $547.7k | Reduced -3.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 9.9k $541.3k | Added +3.7k |
| New York Life Investment Management LLC 0.01% of their portfolio | 9.2k $502.0k | Reduced -1.3k |
| Legal & General Group Plc 0.00% of their portfolio | 8.8k $483.4k | Added +4.7k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 8.5k $462.5k | Reduced -100 |
| Boston Partners 0.00% of their portfolio | 7.8k $429.2k | New |
| Sandy Spring Bank 0.02% of their portfolio | 7.0k $382.8k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 6.9k $379.7k | Reduced -3.1k |
| Wealthspire Advisors, LLC 0.01% of their portfolio | 6.5k $356.9k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 6.5k $357.0k | Added +1.3k |
| UBS Group AG 0.00% of their portfolio | 6.4k $351.2k | Added +2.5k |
| LPL Financial LLC 0.00% of their portfolio | 5.9k $322.5k | Reduced -280 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 5.7k $310.4k | Reduced -19.8k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 5.5k $298.9k | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 5.1k $281.3k | Added +25 |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 5.0k $276.2k | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 4.6k $254.0k | Added +131 |
| BARCLAYS PLC 0.00% of their portfolio | 4.5k $247.7k | Reduced -848 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 4.4k $243.2k | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 4.4k $241.0k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 4.4k $239.8k | Reduced -2.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 4.3k $235.6k | Reduced -2.1k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 4.3k $233.4k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 4.2k $226.9k | Added +2.3k |
| CITIGROUP INC 0.00% of their portfolio | 3.5k $194.2k | Added +3.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 2.8k $152.7k | Reduced -4.6k |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 2.2k $120.0k | New |
| Spire Wealth Management 0.00% of their portfolio | 1.4k $74.0k | Added +800 |
| Glass Jacobson Investment Advisors llc 0.03% of their portfolio | 1.1k $60.2k | First filing |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 1.1k $59.7k | New |
| AMALGAMATED BANK 0.00% of their portfolio | 1.0k $57.0k | Reduced -48 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 830 $45.4k | Unchanged |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 655 $35.8k | Unchanged |
| Financial Management Professionals, Inc. 0.00% of their portfolio | 500 $27.0k | New |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 469 $26.0k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 309 $16.9k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 245 $13.4k | New |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 209 $11.0k | Reduced -2.1k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 200 $10.9k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 183 $10.0k | Reduced -220 |
| US BANCORP \DE\ 0.00% of their portfolio | 168 $9.2k | Unchanged |
| Allworth Financial LP 0.00% of their portfolio | 36 $2.0k | Unchanged |
| Lindbrook Capital, LLC 0.00% of their portfolio | 29 $1.6k | New |
| First Horizon Advisors, Inc. 0.00% of their portfolio | 19 $1.0k | Unchanged |
| Covestor Ltd 0.00% of their portfolio | 4 $0 | Added +4 |