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 ($8.1m this quarter). Holder counts are more reliable. Shares outstanding: 20.7m as of 2025-07-25, 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 ≈ $130.93. Options: 8 managers hold calls ($7.8m notional), 4 hold puts ($3.1m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 93 |
| Q4 2022 | 86 |
| Q1 2023 | 93 |
| Q2 2023 | 101 |
| Q3 2023 | 114 |
| Q4 2023 | 126 |
| Q1 2024 | 127 |
| Q2 2024 | 139 |
| Q3 2024 | 149 |
| Q4 2024 | 183 |
| Q1 2025 | 205 |
| Q2 2025 | 238 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 73 | 30 |
| Q4 2023 | 62 | 46 |
| Q1 2024 | 53 | 65 |
| Q2 2024 | 84 | 45 |
| Q3 2024 | 77 | 43 |
| Q4 2024 | 112 | 52 |
| Q1 2025 | 122 | 72 |
| Q2 2025 | 136 | 91 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $704.2k | $3.7m | 5.30 |
| Q4 2024 | $1.5m | $596.2k | 0.39 |
| Q1 2025 | $2.5m | $575.0k | 0.23 |
| Q2 2025 | $7.8m | $3.1m | 0.39 |
Biggest buyers
| FULLER & THALER ASSET MANAGEMENT, INC. | New | +463.0k |
| ROYAL BANK OF CANADA | Added | +130.8k |
| Capital World Investors | New | +120.0k |
| Driehaus Capital Management LLC | Added | +113.5k |
| Ghisallo Capital Management LLC | Added | +100.0k |
| FRANKLIN RESOURCES INC | Added | +98.2k |
| LOOMIS SAYLES & CO L P | Added | +93.8k |
| Artisan Partners Limited Partnership | Added | +86.3k |
| T. Rowe Price Investment Management, Inc. | Added | +69.7k |
| EMERALD ADVISERS, LLC | Added | +62.8k |
Biggest sellers
| FMR LLC | Reduced | -830.7k |
| FIRST TRUST ADVISORS LP | Reduced | -431.6k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -322.5k |
| Broad Bay Capital Management, LP | Sold out | -314.4k |
| AMERIPRISE FINANCIAL INC | Reduced | -115.7k |
| HENNESSY ADVISORS INC | Sold out | -114.7k |
| Woodline Partners LP | Sold out | -113.2k |
| Allspring Global Investments Holdings, LLC | Reduced | -85.0k |
| Advent International, L.P. | Sold out | -80.0k |
| JENNISON ASSOCIATES LLC | Reduced | -68.6k |
Biggest calls
| JANE STREET GROUP, LLC | New | $2.8m21.0k shares |
| PEAK6 LLC | Added | $2.6m19.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.5m11.8k shares |
| CITADEL ADVISORS LLC | Reduced | $458.4k3.5k shares |
| WOLVERINE TRADING, LLC | New | $247.5k1.9k shares |
| SIMPLEX TRADING, LLC | Unchanged | $183.0k1.4k shares |
| GROUP ONE TRADING LLC | New | $13.1k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| BRANT POINT INVESTMENT MANAGEMENT LLC | New | $2.6m200 shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $406.0k3.1k shares |
| GROUP ONE TRADING LLC | New | $39.3k300 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 2025
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 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $371.2k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-09 | BRITT ANITA D Director | Sold | $371.2k2.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| T. Rowe Price Investment Management, Inc. 0.22% of their portfolio | 2.6m $341.5m | Added +69.7k |
| Capital Research Global Investors 0.04% of their portfolio | 1.7m $217.0m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 1.4m $187.4m | Added +43.1k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.1m $147.0m | Added +41.1k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 948.1k $124.2m | Reduced -115.7k |
| Durable Capital Partners LP 0.86% of their portfolio | 865.0k $113.3m | Unchanged |
| JENNISON ASSOCIATES LLC 0.06% of their portfolio | 770.6k $100.9m | Reduced -68.6k |
| NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio | 753.1k $98.6m | Reduced -2.4k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 726.4k $95.1m | Reduced -28.8k |
| FMR LLC 0.01% of their portfolio | 688.6k $90.2m | Reduced -830.7k |
| AltraVue Capital, LLC 7.33% of their portfolio | 636.7k $83.4m | Added +8.1k |
| Artisan Partners Limited Partnership 0.10% of their portfolio | 512.1k $67.1m | Added +86.3k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 482.2k $63.2m | Added +98.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 463.1k $60.7m | Added +30.1k |
| FULLER & THALER ASSET MANAGEMENT, INC. 0.22% of their portfolio | 463.0k $60.6m | New |
| STATE STREET CORP 0.00% of their portfolio | 416.6k $54.6m | Added +33.2k |
| Driehaus Capital Management LLC 0.41% of their portfolio | 390.3k $51.1m | Added +113.5k |
| FRED ALGER MANAGEMENT, LLC 0.18% of their portfolio | 312.7k $41.0m | Reduced -48.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 287.1k $37.6m | Reduced -59.3k |
| UBS Group AG 0.01% of their portfolio | 257.7k $33.8m | Reduced -53.6k |
| FIL Ltd 0.03% of their portfolio | 235.4k $30.8m | Unchanged |
| LOOMIS SAYLES & CO L P 0.04% of their portfolio | 234.6k $30.7m | Added +93.8k |
| EMERALD ADVISERS, LLC 1.09% of their portfolio | 226.8k $29.7m | Added +62.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 213.8k $28.0m | Reduced -13.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 195.7k $25.6m | Added +823 |
| MORGAN STANLEY 0.00% of their portfolio | 193.7k $25.4m | Added +57.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 188.6k $24.7m | Added +21.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 186.9k $24.5m | Reduced -322.5k |
| Stephens Investment Management Group LLC 0.30% of their portfolio | 175.5k $23.0m | Reduced -31 |
| PRIMECAP MANAGEMENT CO/CA/ 0.02% of their portfolio | 175.3k $23.0m | Added +6.2k |
| ROYCE & ASSOCIATES LP 0.23% of their portfolio | 169.3k $22.2m | Reduced -37.1k |
| SEGALL BRYANT & HAMILL, LLC 0.30% of their portfolio | 163.1k $21.4m | Added +27.8k |
| GW&K Investment Management, LLC 0.19% of their portfolio | 158.1k $20.7m | Reduced -18.8k |
| MONTGOMERY INVESTMENT MANAGEMENT INC 7.52% of their portfolio | 148.3k $19.4m | Reduced -1.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 144.0k $18.9m | Added +130.8k |
| EMERALD MUTUAL FUND ADVISERS TRUST 1.06% of their portfolio | 132.4k $17.3m | Added +61.4k |
| Ghisallo Capital Management LLC 0.44% of their portfolio | 125.0k $16.4m | Added +100.0k |
| Capital World Investors 0.00% of their portfolio | 120.0k $15.7m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 108.3k $14.2m | Reduced -32.1k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 102.6k $13.2m | Reduced -85.0k |
| Invesco Ltd. 0.00% of their portfolio | 93.8k $12.3m | Reduced -21.4k |
| Granite Investment Partners, LLC 0.59% of their portfolio | 92.0k $12.1m | Reduced -67.2k |
| AXIOM INVESTORS LLC /DE 0.10% of their portfolio | 91.7k $12.0m | Reduced -56.9k |
| LORD, ABBETT & CO. LLC 0.04% of their portfolio | 89.0k $11.7m | Reduced -4.0k |
| WASATCH ADVISORS LP 0.06% of their portfolio | 87.7k $11.5m | Reduced -16.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 87.6k $11.5m | Added +6.9k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.07% of their portfolio | 83.8k $11.0m | Reduced -24.4k |
| AE INDUSTRIAL PARTNERS, LP 0.58% of their portfolio | 78.6k $10.3m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 74.4k $9.7m | Reduced -3.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 73.6k $9.6m | Added +23.2k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.10% of their portfolio | 70.9k $9.3m | Added +2.9k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.22% of their portfolio | 69.4k $9.1m | Added +5.1k |
| TD Asset Management Inc 0.01% of their portfolio | 65.6k $8.6m | Added +3.2k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 62.0k $8.1m | Reduced -431.6k |
| Bragg Financial Advisors, Inc 0.29% of their portfolio | 61.7k $8.1m | Added +223 |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 61.1k $8.0m | New |
| Legato Capital Management LLC 0.94% of their portfolio | 59.9k $7.8m | Added +320 |
| OBERWEIS ASSET MANAGEMENT INC/ 0.33% of their portfolio | 58.6k $7.7m | Unchanged |
| Legal Advantage Investments, Inc. 3.57% of their portfolio | 58.2k $7.6m | Reduced -1.3k |
| Kendall Capital Management 1.88% of their portfolio | 54.2k $7.1m | Reduced -11.4k |
| ArrowMark Colorado Holdings LLC 0.12% of their portfolio | 50.0k $6.5m | Reduced -20.0k |
| Nuveen, LLC 0.00% of their portfolio | 48.9k $6.4m | Reduced -810 |
| Moody Aldrich Partners LLC 1.19% of their portfolio | 46.7k $6.1m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 46.5k $6.1m | Added +8.1k |
| WISCONSIN CAPITAL MANAGEMENT LLC 3.24% of their portfolio | 44.7k $5.9m | Reduced -6.0k |
| CASTLEARK MANAGEMENT LLC 0.18% of their portfolio | 44.6k $5.8m | Reduced -1.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 43.8k $5.7m | Reduced -1.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 43.2k $5.7m | New |
| Squarepoint Ops LLC 0.01% of their portfolio | 42.8k $5.6m | Added +15.6k |
| BARCLAYS PLC 0.00% of their portfolio | 40.7k $5.3m | Added +17.3k |
| POLEN CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 39.6k $5.2m | New |
| Lisanti Capital Growth, LLC 1.42% of their portfolio | 39.1k $5.1m | Reduced -4.2k |
| Swiss National Bank 0.00% of their portfolio | 37.6k $4.9m | Unchanged |
| BRANT POINT INVESTMENT MANAGEMENT LLC 1.09% of their portfolio | 36.6k $4.8m | Added +23 |
| Union Bancaire Privee, UBP SA 0.05% of their portfolio | 36.0k $3.7m | New |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 35.7k $4.7m | Reduced -18.6k |
| Global IMC LLC 1.19% of their portfolio | 35.1k $4.6m | Reduced -12 |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 32.6k $4.3m | Added +7.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 31.4k $4.1m | Added +26.3k |
| BANTAMAC CAPITAL, LLC 1.44% of their portfolio | 30.8k $4.0m | Reduced -102 |
| K.J. Harrison & Partners Inc 0.57% of their portfolio | 26.2k $3.4m | Reduced -4.0k |
| Hendershot Investments Inc. 0.42% of their portfolio | 24.1k $3.2m | Unchanged |
| MARSHALL WACE, LLP 0.00% of their portfolio | 23.6k $3.1m | Added +3.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 22.4k $2.9m | Added +3.7k |
| Legal & General Group Plc 0.00% of their portfolio | 21.9k $2.9m | Added +4.5k |
| Pathstone Holdings, LLC 0.01% of their portfolio | 21.7k $2.8m | Added +6.3k |
| Informed Momentum Co LLC 0.43% of their portfolio | 21.6k $2.8m | Reduced -7.8k |
| Expect Equity LLC 2.92% of their portfolio | 20.9k $2.7m | Reduced -2.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 20.7k $2.7m | Added +4.2k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 20.5k $2.7m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 20.0k $2.6m | Added +3.4k |
| Janney Montgomery Scott LLC 0.01% of their portfolio | 18.9k $2.5m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 18.8k $2.5m | Added +2.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 18.4k $2.4m | Added +342 |
| CHASE INVESTMENT COUNSEL CORP 0.74% of their portfolio | 17.6k $2.3m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 14.8k $1.9m | Added +928 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 14.6k $1.9m | Added +2.2k |
| Aquatic Capital Management LLC 0.04% of their portfolio | 13.7k $1.8m | New |
| Magnetar Financial LLC 0.01% of their portfolio | 12.7k $1.7m | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 12.5k $1.6m | Added +3.8k |