Veritiv Corp

VRTVDelisted Nov 30, 2023

Industry: Wholesale-Paper & Paper Products
SEC CIK: 0001599489

SEC filings (opens in a new tab)

Veritiv Corp was delisted on Nov 30, 2023; its insiders filed their last Form 4 on Dec 6, 2023; 227 institutions reported holding it in 13F filings for Q3 2023, worth $2.17B in total; Baupost Group was the only superinvestor holding it.

Key figures

Market cap: –; Not available
Insider buys: 0; Open market, last 90 days
Insider sells: 0; Open market, last 90 days
13F holders: 227; Q3 2023, −11 vs. previous quarter
13F value: $2.17B; Reported value at the end of Q3 2023
Superinvestors holding: 1; At the end of Q3 2023

Financials

See financial statements

From SEC filings, in USD.

Revenue, FY2022: $7.15B; +4.3% year over year
Net income, FY2022: $337.9M; +133.7% year over year
Free cash flow, FY2022: $230.5M; +71.6% year over year
Revenue, Q3 FY2023: $1.46B; −19.0% year over year

Revenue flow, FY2022

Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.

Superinvestors holding VRTV, Q3 2023

Go to the superinvestors tab

1 superinvestor reports holding Veritiv Corp on Form 13F. Percentages are the stock's share of each portfolio.

Baupost Group

Seth Klarman

10.8%

Veritiv Corp's share of the portfolio

Shares: 3,324,324
Value: $561.5M

Latest insider trades

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Open-market purchases and sales by Veritiv Corp insiders from Form 4, newest first.

Insider trades
Filed (ET)	Trade date	Filing delay	Insider	Transaction	Shares	Avg price	Value	Holding change	Flags
Mar 17, 2023 (view filing)	Mar 16	1 day	Abbate Salvatore AChief Executive Officer	SSale	−5.00K	$121.71	−$608.5K	−3.5%136.1K after
Mar 3, 2023 (view filing)	Mar 2	1 day	Adelman Dean ASVP and Chief HR Officer	SSale	−2.00K	$144.81	−$289.6K	−6.3%30.0K after
Mar 23, 2022 (view filing)	Mar 22	1 day	Macadam Stephen E.Director	PPurchase	+1.60K	$126.53	+$202.5K	+24.6%8.10K after	2 lots
Dec 1, 2021 (view filing)	Nov 30	1 day	Macadam Stephen E.Director	PPurchase	+1.50K	$126.63	+$189.9K	+30.0%6.50K after

Top 10 13F holders, Q3 2023

See all 227 holders

The largest institutional positions in Veritiv Corp at the end of Q3 2023; share changes are against Q2 2023.

Institutions holding VRTV in Q3 2023
Institution	Shares	Value	% of portfolio	Change in shares	Action
Baupost Group LLCSuperinvestorBaupost Group	3,324,324	$561.5M	10.77%	00.0%	Unchanged
BlackRock Inc.	2,069,020	$349.5M	0.01%	−71,450−3.3%	Reduced
Dimensional Fund Advisors LP	1,025,341	$173.2M	0.06%	−42,908−4.0%	Reduced
Vanguard Group Inc	884,215	$149.3M	0.00%	−59,904−6.3%	Reduced
FIL Ltd	542,043	$91.6M	0.11%	+542,043	New
State Street Corp	518,909	$87.6M	0.00%	−1,419−0.3%	Reduced
Geode Capital Management, LLC	271,281	$45.8M	0.01%	+10,084+3.9%	Added
Pacer Advisors, Inc.	263,189	$44.5M	0.17%	+7,598+3.0%	Added
Charles Schwab Investment Management Inc	230,802	$39.0M	0.01%	−1,505−0.6%	Reduced
American Century Companies Inc	191,681	$32.4M	0.02%	+6,281+3.4%	Added