Verition Fund Management 13F: Adds $4.9M to BILL Stake

Verition Fund Management Expands Position in BILL Holdings

Verition Fund Management increased its stake in financial software provider BILL Holdings, Inc. NYSE:BILL during the period ended May 15, 2026. According to a Form 13F filing submitted to the Securities and Exchange Commission, the institutional investor boosted its investment by picking up 151,183 shares. This activity grew the fund's total holdings by 53.04%, bringing its ending position to 436,200 shares. Based on filing details, the reported value of this holding reached roughly $14.0 million.

Growth Details of the Investment

Prior to this adjustment, the fund held 285,017 shares of the San Jose-based software firm. The sizeable addition lifted the share count significantly during the period. Because Form 13F filings look backward at portfolio metrics from the close of the reporting period, this snapshot may not reflect the fund's current holdings today.

Stock Valuation and Recent Movement

The company's shares trade near the lower end of their 52-week range, contrasting with a 52-week high of $57.21 and a low of $31.41. The stock trades with a forward price-to-earnings ratio of 10.82, pointing to valuation levels relative to projected earnings without a meaningful historical P/E due to negative earnings per share of $0.11.

Analysts Set New Price Targets

Wall Street research providers have revisited their outlooks on the financial platform provider through recent weeks. On August 20, 2026, Jefferies maintained its buy rating while adjusting its price target to $56.00. On the same date, Goldman Sachs kept a buy rating and set a target of $57.00. UBS also kept a buy rating on August 20, 2026, raising its target to $60.00. Other firms offered cautious stances, as BMO Capital maintained a market perform rating with a $55.00 target on August 20, 2026, and Keefe, Bruyette & Woods kept a market perform rating with a $54.00 target. Wolfe Research maintained an outperform rating with a $60.00 target on August 25, 2026. Later, on September 1, 2026, Truist Securities maintained its hold rating while lifting its target to $52.00.

Understanding BILL Holdings

BILL Holdings, Inc. builds cloud-based platforms that help small and midsize businesses handle accounts payable, accounts receivable, and spend management. The firm connects businesses, suppliers, and financial institutions through automated payment tools and artificial intelligence software designed to cut down on manual paperwork.

What to Watch at BILL

Investors tracking the software maker will look forward to the company's next earnings report, scheduled for November 5, 2026, for fresh details on revenue growth and profitability. Future institutional filings will also show whether Verition Fund Management continues to add to or pare down its investment.