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 ($5.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.00. Options: 12 managers hold calls ($17.9m notional), 7 hold puts ($3.3m).
Trends to Q1 2026
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 |
| Q1 2025 | 376 |
| Q2 2025 | 416 |
| Q3 2025 | 388 |
| Q4 2025 | 389 |
| Q1 2026 | 428 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 159 | 120 |
| Q3 2024 | 185 | 140 |
| Q4 2024 | 168 | 179 |
| Q1 2025 | 195 | 169 |
| Q2 2025 | 230 | 182 |
| Q3 2025 | 208 | 205 |
| Q4 2025 | 181 | 202 |
| Q1 2026 | 234 | 178 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $19.9m | $9.5m | 0.48 |
| Q3 2025 | $29.8m | $12.9m | 0.43 |
| Q4 2025 | $6.1m | $5.9m | 0.97 |
| Q1 2026 | $17.9m | $3.3m | 0.18 |
Biggest buyers
| Azora Capital LP | New | +1.9m |
| Balyasny Asset Management L.P. | Added | +1.0m |
| Portolan Capital Management, LLC | Added | +835.6k |
| Freestone Grove Partners LP | New | +690.4k |
| Allspring Global Investments Holdings, LLC | Added | +569.1k |
| CITADEL ADVISORS LLC | Added | +439.0k |
| MACKENZIE FINANCIAL CORP | New | +433.6k |
| BANK OF AMERICA CORP /DE/ | Added | +360.3k |
| NATIXIS | New | +347.2k |
| UBS Group AG | Added | +306.4k |
Biggest sellers
| Invesco Ltd. | Reduced | -1.9m |
| ALGEBRIS (UK) LTD | Sold out | -671.3k |
| Qube Research & Technologies Ltd | Reduced | -600.6k |
| Allianz Asset Management GmbH | Reduced | -579.8k |
| Squarepoint Ops LLC | Reduced | -524.9k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -343.1k |
| FIRST TRUST ADVISORS LP | Reduced | -312.3k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -255.9k |
| Schonfeld Strategic Advisors LLC | Reduced | -247.3k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -215.8k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | New | $4.0m91.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $2.6m59.7k shares |
| CITADEL ADVISORS LLC | Added | $2.6m58.6k shares |
| Interval Partners, LP | New | $2.3m52.2k shares |
| PEAK6 LLC | New | $1.7m39.4k shares |
| JANE STREET GROUP, LLC | Reduced | $1.5m33.9k shares |
| BARCLAYS PLC | New | $1.2m27.7k shares |
| IMC-Chicago, LLC | Added | $1.0m23.3k shares |
| Walleye Trading LLC | Unchanged | $347.4k7.9k shares |
| Walleye Capital LLC | Reduced | $316.7k7.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.6m35.6k shares |
| CITADEL ADVISORS LLC | Reduced | $818.0k18.6k shares |
| IMC-Chicago, LLC | Reduced | $510.2k11.6k shares |
| JANE STREET GROUP, LLC | Reduced | $255.1k5.8k shares |
| Walleye Capital LLC | Added | $118.7k2.7k shares |
| Walleye Trading LLC | Reduced | $30.8k700 shares |
| SIMPLEX TRADING, LLC | Reduced | $4.4k100 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), Cifu Douglas A (4.7%, 2025-11-14)
Insider purchases and sales in Q1 2026
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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $147.4k | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 2 | $5.2m | — |
| Q2 2025 | 0 | — | 2 | $14.1m | — |
| Q3 2025 | 0 | — | 1 | $3.8m | — |
| Q4 2025 | 0 | — | 1 | $134.0k | — |
| Q1 2026 | 0 | — | 3 | $11.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-02-19 | Molluso Joseph Co-President & Co-COO | Sold | $7.8m200.0k shares |
| 2026-02-17 | Cavoli Stephen EVP | Sold | $1.1m28.4k shares |
| 2026-02-13 | Cavoli Stephen EVP | Sold | $1.2m30.0k shares |
| 2026-02-12 | Cavoli Stephen EVP | Sold | $1.1m30.0k shares |
| 2026-02-11 | Cavoli Stephen EVP | Sold | $449.6k11.6k shares |
| 2026-02-05 | Gambale Virginia Director | Sold | $110.6k3.0k 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 10.9m $481.5m | Added +30.7k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 5.5m $243.5m | First filing |
| FMR LLC 0.01% of their portfolio | 4.8m $210.6m | Reduced -89.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 3.6m $158.7m | First filing |
| RENAISSANCE TECHNOLOGIES LLC 0.20% of their portfolio | 2.9m $128.8m | Reduced -215.8k |
| STATE STREET CORP 0.00% of their portfolio | 2.9m $127.9m | Reduced -2.3k |
| CITADEL ADVISORS LLC 0.07% of their portfolio | 2.2m $98.0m | Added +439.0k |
| Allspring Global Investments Holdings, LLC 0.14% of their portfolio | 1.9m $85.6m | Added +569.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.9m $84.5m | Added +19.9k |
| Azora Capital LP 5.44% of their portfolio | 1.9m $82.7m | New |
| MORGAN STANLEY 0.00% of their portfolio | 1.5m $66.8m | Reduced -35.5k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 1.4m $59.5m | Added +139.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.4m $59.7m | Reduced -38.4k |
| Portolan Capital Management, LLC 2.84% of their portfolio | 1.2m $53.3m | Added +835.6k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 1.2m $51.1m | Reduced -146.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.1m $47.1m | Added +59.1k |
| Balyasny Asset Management L.P. 0.09% of their portfolio | 1.1m $47.1m | Added +1.0m |
| Focus Partners Wealth 0.05% of their portfolio | 958.2k $42.1m | Added +71.2k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 789.3k $34.7m | Reduced -343.1k |
| Freestone Grove Partners LP 0.22% of their portfolio | 690.4k $30.4m | New |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 674.7k $29.7m | Added +71.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 672.4k $29.6m | Added +360.3k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 632.4k $27.8m | Added +19.2k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 628.7k $27.6m | Added +4.2k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 609.0k $26.8m | Reduced -600.6k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 571.9k $25.2m | Reduced -312.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 559.3k $24.6m | Reduced -255.9k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 558.9k $24.6m | Added +261.3k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 537.7k $23.6m | Reduced -579.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 520.4k $22.9m | Added +48.4k |
| Stephens Investment Management Group LLC 0.31% of their portfolio | 516.4k $22.7m | Added +111.4k |
| UBS Group AG 0.00% of their portfolio | 510.6k $22.5m | Added +306.4k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 496.0k $21.8m | First filing |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 484.9k $21.3m | Added +37.9k |
| CONGRESS ASSET MANAGEMENT CO 0.14% of their portfolio | 437.4k $19.2m | Added +106.6k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 433.6k $19.1m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio | 427.5k $18.8m | Reduced -186.4k |
| HANCOCK WHITNEY CORP 0.37% of their portfolio | 425.4k $21.1m | Added +83.8k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 416.0k $18.3m | Added +116.7k |
| Old West Investment Management, LLC 1.86% of their portfolio | 389.5k $17.1m | Added +17.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 386.8k $17.0m | Added +7.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 382.8k $16.8m | Added +15.6k |
| Clark Capital Management Group, Inc. 0.10% of their portfolio | 377.7k $16.6m | Added +46.2k |
| Invesco Ltd. 0.00% of their portfolio | 374.2k $16.5m | Reduced -1.9m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 373.7k $16.0m | Reduced -18.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 361.6k $15.9m | Reduced -83.6k |
| NATIXIS 0.06% of their portfolio | 347.2k $15.3m | New |
| Public Sector Pension Investment Board 0.05% of their portfolio | 344.7k $15.2m | Added +10.8k |
| ALGERT GLOBAL LLC 0.22% of their portfolio | 333.5k $14.7m | Added +24.2k |
| Interval Partners, LP 0.43% of their portfolio | 285.4k $12.6m | Reduced -91.8k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 237.3k $10.4m | Added +165.4k |
| BARCLAYS PLC 0.00% of their portfolio | 235.0k $10.3m | Reduced -62.6k |
| HAHN CAPITAL MANAGEMENT LLC 6.27% of their portfolio | 227.0k $10.0m | Reduced -48.9k |
| HENNESSY ADVISORS INC 0.34% of their portfolio | 215.4k $9.5m | Reduced -7.5k |
| SG Americas Securities, LLC 0.01% of their portfolio | 208.8k $9.2m | Added +12.3k |
| Legal & General Group Plc 0.00% of their portfolio | 194.9k $8.6m | Reduced -14.8k |
| Advisors Capital Management, LLC 0.10% of their portfolio | 194.8k $8.6m | Reduced -33.5k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 192.0k $8.4m | Added +76.3k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.31% of their portfolio | 190.7k $8.4m | Reduced -8.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 189.2k $8.3m | Added +1.3k |
| FEDERATED HERMES, INC. 0.01% of their portfolio | 186.1k $8.2m | Added +27.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 183.7k $6.1m | Added +149.0k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 182.0k $8.0m | Added +4.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 179.9k $7.9m | Added +5.6k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 173.8k $7.6m | Reduced -153.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 171.5k $7.5m | Reduced -295 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 170.2k $7.5m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 165.2k $7.3m | Reduced -139.4k |
| Swiss National Bank 0.00% of their portfolio | 159.5k $7.0m | Added +1.3k |
| HRT FINANCIAL LP 0.02% of their portfolio | 158.5k $7.0m | New |
| GABELLI FUNDS LLC 0.05% of their portfolio | 157.7k $6.9m | Reduced -3.7k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 157.7k $6.9m | Added +3.1k |
| BANK OF NOVA SCOTIA 0.01% of their portfolio | 153.1k $6.7m | Reduced -3.6k |
| Nuveen, LLC 0.00% of their portfolio | 148.4k $6.5m | Reduced -152.7k |
| Greenwich Wealth Management LLC 0.26% of their portfolio | 147.0k $6.5m | Unchanged |
| CAPITAL FUND MANAGEMENT S.A. 0.06% of their portfolio | 143.5k $6.3m | Reduced -104.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 139.4k $6.1m | Reduced -38.6k |
| SummitTX Capital, L.P. 0.19% of their portfolio | 136.3k $6.0m | Added +111.2k |
| Amundi 0.00% of their portfolio | 133.3k $5.9m | Added +59.3k |
| GLOBALT Investments LLC / GA 0.21% of their portfolio | 131.3k $5.8m | Reduced -2.5k |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.04% of their portfolio | 130.7k $5.7m | First filing |
| Quantinno Capital Management LP 0.01% of their portfolio | 130.4k $5.7m | Added +36.8k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 130.3k $5.7m | Added +34.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 129.3k $5.7m | Added +280 |
| FJ Capital Management LLC 0.62% of their portfolio | 125.8k $5.5m | New |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 123.3k $5.4m | Reduced -108.7k |
| Engineers Gate Manager LP 0.06% of their portfolio | 118.0k $5.2m | Reduced -58.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 111.8k $4.9m | Added +60.2k |
| Susquehanna Portfolio Strategies, LLC 0.07% of their portfolio | 111.2k $4.9m | Unchanged |
| Empowered Funds, LLC 0.03% of their portfolio | 106.8k $4.7m | New |
| Trexquant Investment LP 0.03% of their portfolio | 105.0k $4.6m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 102.9k $4.5m | Added +14.1k |
| OLD NATIONAL BANCORP /IN/ 0.08% of their portfolio | 102.1k $4.5m | Reduced -32.4k |
| LPL Financial LLC 0.00% of their portfolio | 101.5k $4.5m | Reduced -22.9k |
| CITIGROUP INC 0.00% of their portfolio | 99.1k $4.4m | Added +26.3k |
| Bridgewater Associates, LP 0.02% of their portfolio | 98.7k $4.3m | Reduced -87.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 95.5k $4.2m | Added +19.2k |
| BESSEMER GROUP INC 0.01% of their portfolio | 91.3k $4.0m | Added +498 |
| AGF MANAGEMENT LTD 0.02% of their portfolio | 91.2k $4.0m | Added +3.4k |
| ExodusPoint Capital Management, LP 0.04% of their portfolio | 88.0k $3.9m | New |