Vault-13

VIRCO MFG CO VIRC

COM · Common Stock · CUSIP 927651109

90 institutional holders -9 vs Q4 2024
8,490,0918.5m shares reported held*
52.8% of all shares outstanding*
$80.7mreported value*
10 new 28 added 35 reduced 18 sold out net sold ≈ $1.8m (-188.0k shares)

* 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 ($257.7k this quarter). Holder counts are more reliable. Shares outstanding: 16.1m as of 2025-04-08, 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 ≈ $9.50. Options: 2 managers hold calls ($52.0k notional), 4 hold puts ($390.7k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 26Q4 22: 25Q1 23: 22Q2 23: 23Q3 23: 29Q4 23: 51Q1 24: 61Q2 24: 85Q3 24: 104Q4 24: 99Q1 25: 9090Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202226
Q4 202225
Q1 202322
Q2 202323
Q3 202329
Q4 202351
Q1 202461
Q2 202485
Q3 2024104
Q4 202499
Q1 202590

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q2 23: 10 bought or addedQ2 23: 5 cut or sold outQ3 23: 16 bought or addedQ3 23: 9 cut or sold outQ3 23Q4 23: 40 bought or addedQ4 23: 9 cut or sold outQ1 24: 43 bought or addedQ1 24: 23 cut or sold outQ1 24Q2 24: 62 bought or addedQ2 24: 28 cut or sold outQ3 24: 74 bought or addedQ3 24: 34 cut or sold outQ3 24Q4 24: 53 bought or addedQ4 24: 53 cut or sold outQ1 25: 38 bought or addedQ1 25: 53 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023105
Q3 2023169
Q4 2023409
Q1 20244323
Q2 20246228
Q3 20247434
Q4 20245353
Q1 20253853

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ2 24 calls: $38.6kQ2 24 puts: $2.6mQ2 24P/C 68.58Q3 24 calls: $285.1kQ3 24 puts: $1.0mQ3 24P/C 3.51Q4 24 calls: $268.4kQ4 24 puts: $558.9kQ4 24P/C 2.08Q1 25 calls: $52.0kQ1 25 puts: $390.7kQ1 25P/C 7.51
Numbers
QuarterCallsPutsP/C
Q2 2024$38.6k$2.6m68.58
Q3 2024$285.1k$1.0m3.51
Q4 2024$268.4k$558.9k2.08
Q1 2025$52.0k$390.7k7.51

Biggest buyers

Arkadios Wealth Advisors New +117,579+117.6k
Bastion Asset Management Inc. Added +101,796+101.8k
Quartz Partners, LLC Added +87,298+87.3k
DIMENSIONAL FUND ADVISORS LP Added +74,686+74.7k
BANK OF AMERICA CORP /DE/ Added +70,705+70.7k
LSV ASSET MANAGEMENT Added +65,300+65.3k
AQR CAPITAL MANAGEMENT LLC Added +64,944+64.9k
VOYA INVESTMENT MANAGEMENT LLC New +59,406+59.4k
Minerva Advisors LLC Added +47,866+47.9k
AMERICAN CENTURY COMPANIES INC Added +43,349+43.3k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Reduced -168,766-168.8k
LAZARD ASSET MANAGEMENT LLC Reduced -70,714-70.7k
O'SHAUGHNESSY ASSET MANAGEMENT, LLC Reduced -66,527-66.5k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -60,494-60.5k
PANAGORA ASSET MANAGEMENT INC Sold out -56,815-56.8k
Focus Partners Wealth Reduced -55,019-55.0k
JANE STREET GROUP, LLC Reduced -52,134-52.1k
AVIVA PLC Sold out -43,326-43.3k
WINTON GROUP Ltd Reduced -41,692-41.7k
LOS ANGELES CAPITAL MANAGEMENT LLC Reduced -33,921-33.9k

Biggest calls

CITADEL ADVISORS LLC Reduced $52.0k5.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $226.1k23.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $159.9k16.9k shares
GROUP ONE TRADING LLC New $4.7k500 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.

HolderStakeChangeShares Last filed
Cleveland Capital Management, L.L.C. 13G · passive investor +3.1 pts · filed 2026-07-24 10.1% +3.1 pts 1.6m≈ $9.8m 2026-07-24
Minerva Advisors LLC 13G · passive investor filed 2026-02-17 9.2% 1.5m≈ $8.9m 2026-02-17
VIRTUE DOUGLAS A 13G · passive investor +0.2 pts · filed 2026-02-17 5.7% +0.2 pts 906.1k≈ $5.6m 2026-02-17

Fell to 5% or below in the last year: DIMENSIONAL FUND ADVISORS LP (4.8%, 2026-01-21)

Insider purchases and sales in Q1 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)

BuyingSelling
101Q2 23: 0 buyingQ2 23: 0 sellingQ3 23: 1 buyingQ3 23: 1 sellingQ3 23Q4 23: 0 buyingQ4 23: 1 sellingQ1 24: 0 buyingQ1 24: 1 sellingQ1 24Q2 24: 0 buyingQ2 24: 0 sellingQ3 24: 0 buyingQ3 24: 0 sellingQ3 24Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20230—0——
Q3 20231$7.5k1$54.5k—
Q4 20230—1$20.1k—
Q1 20240—1$60.3k—
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—0——

None reported in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Minerva Advisors LLC 8.14% of their portfolio BALA CYNWYD, PA 1,210,4551.2m $11.5m $11.5m 8.14% Added +47.9k +47,866
2 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 759,064759.1k $7.2m $7.2m 0.00% Added +74.7k +74,686
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 687,700687.7k $6.5m $6.5m 0.00% Reduced -1.8k -1,763
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 681,787681.8k $6.4m $6.4m 0.00% Reduced -13.9k -13,896
5 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 496,456496.5k $4.7m $4.7m 0.00% Added +43.3k +43,349
6 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 413,272413.3k $3.9m $3.9m 0.01% Reduced -31.0k -31,034
7 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 317,915317.9k $3.0m $3.0m 0.00% Added +64.9k +64,944
8 Bastion Asset Management Inc. 1.52% of their portfolio Montreal, Z4 258,229258.2k $2.8m $2.8m 1.52% Added +101.8k +101,796
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 242,831242.8k $2.3m $2.3m 0.00% Added +3.0k +2,960
10 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 220,011220.0k $2.1m $2.1m 0.00% Reduced -14.9k -14,900
11 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 198,202198.2k $1.9m $1.9m 0.00% Reduced -168.8k -168,766
12 Quartz Partners, LLC 1.00% of their portfolio SARATOGA SPRINGS, NY 173,427173.4k $1.6m $1.6m 1.00% Added +87.3k +87,298
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 172,911172.9k $1.6m $1.6m 0.00% Reduced -8.7k -8,710
14 LSV ASSET MANAGEMENT 0.00% of their portfolio CHICAGO, IL 160,400160.4k $1.5m $1.5m 0.00% Added +65.3k +65,300
15 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 143,195143.2k $1.4m $1.4m 0.00% Reduced -2.3k -2,335
16 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 141,863141.9k $1.3m $1.3m 0.00% Reduced -15.3k -15,287
17 Arkadios Wealth Advisors 0.04% of their portfolio ATLANTA, GA 117,579117.6k $1.1m $1.1m 0.04% New
18 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 117,445117.4k $1.1m $1.1m 0.00% First filing
19 UBS Group AG 0.00% of their portfolio ZURICH, V8 116,548116.5k $1.1m $1.1m 0.00% Added +27.0k +27,000
20 North Star Investment Management Corp. 0.08% of their portfolio CHICAGO, IL 113,175113.2k $1.1m $1.1m 0.08% Added +1.2k +1,200
21 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 104,659104.7k $990.1k $990.1k 0.01% Reduced -66.5k -66,527
22 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 93,15993.2k $881.3k $881.3k 0.00% Reduced -560 -560
23 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio HOUSTON, TX 84,33984.3k $797.8k $797.8k 0.02% Added +28.8k +28,839
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 76,38276.4k $722.6k $722.6k 0.00% Added +70.7k +70,705
25 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 70,31470.3k $665.2k $665.2k 0.00% Reduced -33.9k -33,921
26 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 64,55464.6k $611.0k $611.0k 0.00% Reduced -3.9k -3,852
27 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 62,82962.8k $594.4k $594.4k 0.00% Added +5.4k +5,436
28 Koss-Olinger Consulting, LLC 0.05% of their portfolio GAINESVILLE, FL 62,81662.8k $594.0k $594.0k 0.05% Added +7.6k +7,608
29 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 62,51362.5k $591.4k $591.4k 0.00% Reduced -31.0k -30,956
30 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 59,40659.4k $562.0k $562.0k 0.00% New
31 SummerHaven Investment Management, LLC 0.39% of their portfolio STAMFORD, CT 58,63758.6k $554.7k $554.7k 0.39% Added +1.3k +1,319
32 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 57,20057.2k $541.1k $541.1k 0.00% Reduced -19.2k -19,200
33 WINTON GROUP Ltd 0.03% of their portfolio LONDON, X0 56,66856.7k $536.1k $536.1k 0.03% Reduced -41.7k -41,692
34 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 54,59354.6k $516.5k $516.5k 0.00% Reduced -55.0k -55,019
35 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 53,70153.7k $508.0k $508.0k 0.01% Added +10.9k +10,901
36 RITHOLTZ WEALTH MANAGEMENT 0.01% of their portfolio NEW YORK, NY 48,68348.7k $460.5k $460.5k 0.01% Reduced -32.2k -32,182
37 Inspire Advisors, LLC 0.05% of their portfolio Meridian, ID 47,62547.6k $450.5k $450.5k 0.05% Added +6.1k +6,088
38 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 43,51943.5k $411.7k $411.7k 0.00% Added +2.9k +2,855
39 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 42,72042.7k $404.1k $404.1k 0.00% Reduced -28.1k -28,073
40 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 35,18035.2k $332.8k $332.8k 0.00% Reduced -27.2k -27,206
41 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 35,17835.2k $332.8k $332.8k 0.00% Unchanged
42 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 33,61333.6k $318.0k $318.0k 0.00% Unchanged
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 31,18831.2k $295.0k $295.0k 0.00% Reduced -7.6k -7,640
44 Sequent Planning LLC 0.10% of their portfolio OMAHA, NE 30,35130.4k $287.1k $287.1k 0.10% Added +92 +92
45 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 30,00030.0k $284.0k $284.0k 0.01% Unchanged
46 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 29,30829.3k $277.3k $277.3k 0.00% Reduced -509 -509
47 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 27,49827.5k $260.1k $260.1k 0.00% First filing
48 Empowered Funds, LLC 0.00% of their portfolio NEWTOWN SQUARE, PA 27,23927.2k $257.7k $257.7k 0.00% New
49 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 22,61422.6k $213.9k $213.9k 0.00% Added +144 +144
50 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 22,30022.3k $211.0k $211.0k 0.00% Unchanged
51 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 19,70019.7k $186.4k $186.4k 0.00% New
52 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 16,37616.4k $154.9k $154.9k 0.00% Reduced -277 -277
53 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 16,20016.2k $153.3k $153.3k 0.00% Added +2.7k +2,700
54 Park Edge Advisors, LLC 0.04% of their portfolio Cleveland, OH 16,20016.2k $153.3k $153.3k 0.04% Unchanged
55 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 15,92915.9k $150.7k $150.7k 0.00% Added +273 +273
56 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 15,45315.5k $146.0k $146.0k 0.00% Reduced -1.3k -1,268
57 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 13,79413.8k $130.5k $130.5k 0.00% New
58 Dynamic Technology Lab Private Ltd 0.02% of their portfolio SINGAPORE, U0 13,63313.6k $128.0k $128.0k 0.02% Reduced -13.1k -13,066
59 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 13,37413.4k $126.5k $126.5k 0.00% Reduced -52.1k -52,134
60 Graham Capital Management, L.P. 0.00% of their portfolio ROWAYTON, CT 12,52412.5k $118.5k $118.5k 0.00% Added +2.0k +2,048
61 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 11,10711.1k $105.1k $105.1k 0.00% Reduced -5.5k -5,526
62 JAMES INVESTMENT RESEARCH, INC. 0.01% of their portfolio ALPHA, OH 10,50310.5k $99.4k $99.4k 0.01% Unchanged
63 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 10,50310.5k $99.4k $99.4k 0.00% Reduced -5 -5
64 SHERBROOKE PARK ADVISERS LLC 0.05% of their portfolio WHITE PLAINS, NY 10,21410.2k $96.6k $96.6k 0.05% Reduced -2.6k -2,563
65 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 7,6547.7k $72.4k $72.4k 0.00% Reduced -863 -863
66 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 6,6496.6k $62.9k $62.9k 0.00% Added +312 +312
67 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 5,9856.0k $56.6k $56.6k 0.00% Added +557 +557
68 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 5,7005.7k $53.9k $53.9k 0.00% Unchanged
69 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 5,3995.4k $51.1k $51.1k 0.00% Reduced -81 -81
70 State of Wyoming 0.01% of their portfolio CHEYENNE, WY 5,3275.3k $50.4k $50.4k 0.01% New
71 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,9002.9k $27.4k $27.4k 0.00% Reduced -1 -1
72 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 2,1002.1k $19.9k $19.9k 0.00% Unchanged
73 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,7001.7k $16.1k $16.1k 0.00% New
74 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,1611.2k $11.0k $11.0k 0.00% Reduced -1.7k -1,726
75 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,0231.0k $9.7k $9.7k 0.00% Unchanged
76 Legal & General Group Plc 0.00% of their portfolio London, X0 898898 $8.5k $8.5k 0.00% Unchanged
77 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 824824 $7.8k $7.8k 0.00% Unchanged
78 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 786786 $7.0k $7.0k 0.00% Reduced -70.7k -70,714
79 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 630630 $6.0k $6.0k 0.00% New
80 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 361361 $3.0k $3.0k 0.00% Unchanged
81 CWM, LLC 0.00% of their portfolio OMAHA, NE 352352 $3.0k $3.0k 0.00% Reduced -752 -752
82 FMR LLC 0.00% of their portfolio BOSTON, MA 255255 $2.4k $2.4k 0.00% Added +119 +119
83 COMERICA BANK 0.00% of their portfolio DALLAS, TX 251251 $2.4k $2.4k 0.00% Unchanged
84 WealthCollab, LLC 0.00% of their portfolio BELLEVUE, WA 228228 $2.2k $2.2k 0.00% New
85 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 186186 $1.8k $1.8k 0.00% Reduced -164 -164
86 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 8484 $795 $795 0.00% Added +69 +69
87 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 5151 $482 $482 0.00% Unchanged
88 COLDSTREAM CAPITAL MANAGEMENT INC 0.00% of their portfolio BELLEVUE, WA 4949 $464 $464 0.00% New
89 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 1616 $151 $151 0.00% Added +1 +1
90 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged