VIRTU FINL INC VIRT
CL A · Common Stock · CUSIP 928254101 · ISIN US9282541013
Financial services company
* 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.69. Options: 14 managers hold calls ($35.1m notional), 15 hold puts ($30.6m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 260 |
| Q4 2022 | 265 |
| Q1 2023 | 263 |
| Q2 2023 | 244 |
| Q3 2023 | 230 |
| Q4 2023 | 249 |
| Q1 2024 | 251 |
| Q2 2024 | 281 |
| Q3 2024 | 339 |
| Q4 2024 | 353 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 143 | 134 |
| Q2 2023 | 127 | 126 |
| Q3 2023 | 87 | 148 |
| Q4 2023 | 111 | 131 |
| Q1 2024 | 130 | 132 |
| Q2 2024 | 159 | 120 |
| Q3 2024 | 185 | 140 |
| Q4 2024 | 168 | 179 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $18.0m | $13.1m | 0.73 |
| Q2 2024 | $17.2m | $15.8m | 0.92 |
| Q3 2024 | $26.8m | $19.7m | 0.73 |
| Q4 2024 | $35.1m | $30.6m | 0.87 |
Biggest buyers
| FMR LLC | Added | +1.4m |
| Balyasny Asset Management L.P. | New | +1.1m |
| Focus Partners Wealth | Added | +902.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +609.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +594.0k |
| BlackRock, Inc. | Added | +564.1k |
| NORTHERN TRUST CORP | Added | +471.5k |
| GOLDMAN SACHS GROUP INC | Added | +449.2k |
| Qube Research & Technologies Ltd | Added | +308.4k |
| MARSHALL WACE, LLP | Added | +307.1k |
Biggest sellers
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Sold out | -2.5m |
| BANK OF AMERICA CORP /DE/ | Reduced | -732.3k |
| JPMORGAN CHASE & CO | Reduced | -506.9k |
| Bank of New York Mellon Corp | Reduced | -386.2k |
| Cubist Systematic Strategies, LLC | Sold out | -372.5k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -369.5k |
| D. E. Shaw & Co., Inc. | Reduced | -259.8k |
| GLENMEDE TRUST CO NA | Reduced | -256.4k |
| JANE STREET GROUP, LLC | Reduced | -230.9k |
| Trexquant Investment LP | Reduced | -210.0k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $11.0m307.8k shares |
| GROUP ONE TRADING LLC | Added | $4.5m126.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.8m105.9k shares |
| WOLVERINE TRADING, LLC | Added | $3.5m98.6k shares |
| SIMPLEX TRADING, LLC | Added | $3.5m97.8k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $2.0m55.6k shares |
| JANE STREET GROUP, LLC | Added | $1.5m42.1k shares |
| PEAK6 LLC | First filing | $1.2m35.0k shares |
| IMC-Chicago, LLC | Added | $1.2m34.3k shares |
| Walleye Capital LLC | Reduced | $1.2m34.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $9.2m258.4k shares |
| MILLENNIUM MANAGEMENT LLC | New | $5.4m150.0k shares |
| WOLVERINE TRADING, LLC | Added | $2.9m80.8k shares |
| SIMPLEX TRADING, LLC | Added | $2.8m79.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.2m61.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $1.7m48.5k shares |
| Squarepoint Ops LLC | New | $1.5m42.5k shares |
| Walleye Capital LLC | Reduced | $1.2m34.1k shares |
| GROUP ONE TRADING LLC | Added | $999.0k28.0k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $635.1k17.8k 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 |
|---|---|
Viola Vincent J
13D · may seek influence
filed 2025-04-14
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented to incorporate by reference the information set forth in Item 3 of this Amendment No. 7. Following the transactions contemplated in this Amendment No. 7, TJMT continues to beneficially own the majority of the voting power of the outstanding capital stock of the Issuer as a result of holding shares of the Class D Common Stock and therefore can approve or disapprove any matter requiring a majority vote of the Issuer's stockholders. As a result of the Reporting Persons' stock ownership, Mr. Vincent Viola's positions as Chairman Emeritus and a member of the Board and Mr. Michael T. Viola's position as Chairman of the Board, the Reporting Persons continue to be in a position to influence the management and policies of the Issuer and… Full filing |
45.2% |
| BlackRock, Inc. 13G · institution filed 2025-04-30 | 11.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.4% |
| FMR LLC 13G · institution -1.6 pts · filed 2025-05-12 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
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 |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 1 | $842.5k | 1 | $969.5k | — |
| Q3 2023 | 2 | $1.1m | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 1 | $810.5k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $147.4k | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 11.1m $396.1m | Added +564.1k |
| VANGUARD GROUP INC 0.01% of their portfolio | 9.4m $335.5m | Reduced -209.3k |
| FMR LLC 0.01% of their portfolio | 6.4m $227.5m | Added +1.4m |
| RENAISSANCE TECHNOLOGIES LLC 0.20% of their portfolio | 3.8m $134.9m | Reduced -112.7k |
| STATE STREET CORP 0.00% of their portfolio | 3.1m $111.2m | Reduced -120.2k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.8m $64.9m | Reduced -4.6k |
| Focus Partners Wealth 0.08% of their portfolio | 1.8m $64.3m | Added +902.2k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.4m $51.7m | Added +471.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.4m $49.5m | Reduced -10.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.3m $45.4m | Added +209 |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 1.1m $40.0m | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.15% of their portfolio | 1.0m $36.8m | Added +52.8k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 977.0k $34.9m | Reduced -259.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 948.6k $33.8m | Added +609.8k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 874.8k $31.2m | Added +213.0k |
| MORGAN STANLEY 0.00% of their portfolio | 838.1k $29.9m | Added +44.4k |
| Allspring Global Investments Holdings, LLC 0.05% of their portfolio | 834.4k $30.0m | Added +183.8k |
| TWO SIGMA INVESTMENTS, LP 0.07% of their portfolio | 834.4k $29.8m | Added +73.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.06% of their portfolio | 812.7k $29.0m | Added +38.8k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 809.8k $28.9m | Reduced -386.2k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 806.2k $28.8m | Added +308.4k |
| Invesco Ltd. 0.01% of their portfolio | 802.4k $28.6m | Added +82.4k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 697.7k $24.9m | Added +594.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 673.6k $24.0m | Added +449.2k |
| Old West Investment Management, LLC 9.72% of their portfolio | 672.5k $24.0m | Added +14.8k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 627.1k $22.4m | Added +143.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 550.4k $19.6m | Reduced -732.3k |
| FIL Ltd 0.02% of their portfolio | 542.5k $19.4m | Added +22.6k |
| Portolan Capital Management, LLC 1.27% of their portfolio | 528.6k $18.9m | Added +137.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 518.4k $18.5m | Added +131.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 508.3k $18.1m | Reduced -9.3k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 481.0k $17.2m | Added +189.4k |
| TWO SIGMA ADVISERS, LP 0.04% of their portfolio | 464.6k $16.6m | Reduced -12.4k |
| Stephens Investment Management Group LLC 0.22% of their portfolio | 450.7k $16.1m | Reduced -115.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 438.4k $15.6m | Added +33.3k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 427.6k $15.3m | Added +163.4k |
| GLENMEDE TRUST CO NA 0.08% of their portfolio | 418.3k $14.9m | Reduced -256.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 391.5k $14.0m | Added +5.4k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 388.1k $13.8m | Reduced -55.1k |
| CONGRESS ASSET MANAGEMENT CO 0.09% of their portfolio | 368.2k $13.1m | Added +33.7k |
| HAHN CAPITAL MANAGEMENT LLC 5.41% of their portfolio | 346.0k $12.3m | Added +141.5k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 341.8k $12.2m | First filing |
| NORGES BANK 0.00% of their portfolio | 336.8k $12.0m | Reduced -27.5k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 329.7k $11.8m | Added +307.1k |
| OLD NATIONAL BANCORP /IN/ 0.28% of their portfolio | 328.9k $11.7m | Reduced -38.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 320.1k $11.4m | Reduced -14.2k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 319.8k $11.4m | Added +15.0k |
| Moody Aldrich Partners LLC 2.05% of their portfolio | 310.8k $11.1m | Added +55.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.05% of their portfolio | 299.6k $10.7m | Reduced -28.9k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.18% of their portfolio | 293.5k $10.5m | First filing |
| 1834 INVESTMENT ADVISORS CO 1.30% of their portfolio | 286.8k $10.2m | Reduced -38.1k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.28% of their portfolio | 267.6k $9.5m | Reduced -24.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 246.2k $8.8m | Reduced -1.7k |
| TUDOR INVESTMENT CORP ET AL 0.09% of their portfolio | 245.3k $8.8m | Added +169.2k |
| Legal & General Group Plc 0.00% of their portfolio | 231.9k $8.3m | Reduced -655 |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 229.8k $8.2m | Reduced -16.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 209.3k $7.5m | Reduced -506.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 204.6k $7.3m | Added +43.6k |
| Public Sector Pension Investment Board 0.03% of their portfolio | 201.3k $7.2m | Added +27.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 199.5k $7.1m | Added +21.5k |
| Keeley-Teton Advisors, LLC 0.81% of their portfolio | 195.9k $7.0m | Reduced -29.7k |
| Edgestream Partners, L.P. 0.29% of their portfolio | 193.8k $6.9m | Added +163.5k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 187.8k $6.7m | Reduced -15.4k |
| IBEX WEALTH ADVISORS 0.78% of their portfolio | 184.5k $6.6m | Added +58.0k |
| Squarepoint Ops LLC 0.02% of their portfolio | 182.2k $6.5m | Added +37.4k |
| EXCHANGE TRADED CONCEPTS, LLC 0.13% of their portfolio | 176.4k $6.3m | Added +12.1k |
| UBS Group AG 0.00% of their portfolio | 170.9k $6.1m | Added +17.1k |
| PEAK6 LLC 0.24% of their portfolio | 170.6k $6.1m | First filing |
| ALGERT GLOBAL LLC 0.14% of their portfolio | 166.9k $6.0m | Added +83.1k |
| Swiss National Bank 0.00% of their portfolio | 162.9k $5.8m | Reduced -1.2k |
| Advisors Capital Management, LLC 0.09% of their portfolio | 162.6k $5.8m | Reduced -6.9k |
| BARCLAYS PLC 0.00% of their portfolio | 158.7k $5.7m | Added +103.2k |
| SEIZERT CAPITAL PARTNERS, LLC 0.25% of their portfolio | 153.2k $5.5m | Added +80.1k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 151.9k $5.4m | Added +104.5k |
| Greenwich Wealth Management LLC 0.37% of their portfolio | 147.0k $5.2m | Added +4 |
| Alaska Permanent Fund Corp 0.07% of their portfolio | 135.1k $4.8m | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 125.8k $4.5m | Reduced -275 |
| Bridgewater Associates, LP 0.02% of their portfolio | 115.7k $4.1m | Added +61.9k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 112.2k $4.0m | Added +78.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 110.2k $3.9m | Added +211 |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 109.0k $3.8m | Reduced -85.0k |
| HighTower Advisors, LLC 0.01% of their portfolio | 108.3k $3.9m | Added +5.7k |
| BESSEMER GROUP INC 0.01% of their portfolio | 99.9k $3.6m | Added +122 |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 98.5k $3.5m | Added +4.9k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 98.2k $3.5m | Reduced -153.1k |
| GLOBALT Investments LLC / GA 0.13% of their portfolio | 95.8k $3.4m | New |
| Orion Porfolio Solutions, LLC 0.03% of their portfolio | 94.7k $3.4m | Reduced -5.2k |
| Orion Portfolio Solutions, LLC 0.03% of their portfolio | 94.7k $3.4m | Reduced -5.2k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.01% of their portfolio | 94.6k $3.4m | Reduced -2 |
| Amundi 0.00% of their portfolio | 88.2k $3.3m | New |
| EPACRIA CAPITAL PARTNERS, LLC 2.49% of their portfolio | 82.6k $2.9m | Unchanged |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 81.8k $2.9m | Reduced -11.6k |
| LEUTHOLD GROUP, LLC 0.34% of their portfolio | 80.5k $2.9m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 77.3k $2.8m | Reduced -2.1k |
| MACQUARIE GROUP LTD 0.00% of their portfolio | 75.5k $2.7m | Reduced -9.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 73.5k $2.6m | Reduced -1.3k |
| LPL Financial LLC 0.00% of their portfolio | 73.3k $2.6m | Added +14.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 73.0k $2.6m | Unchanged |
| Harvest Fund Management Co., Ltd 0.12% of their portfolio | 73.0k $2.6m | Added +61.5k |
| CITIGROUP INC 0.00% of their portfolio | 71.6k $2.6m | Reduced -3.7k |