Virtus Diversified Income & Convertible Fund
ACV
23 hedge funds and large institutions have $25.6M invested in Virtus Diversified Income & Convertible Fund in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 3 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
176% more capital invested
Capital invested by funds: $9.3M → $25.6M (+$16.3M)
35% more funds holding
Funds holding: 17 → 23 (+6)
7.84% more ownership
Funds ownership: 4.77% → 12.6% (+7.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.38M |
| 2 |
Citigroup
New York
|
+$2.73M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.72M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.33M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$627K |
| 2 |
Morgan Stanley
New York
|
-$199K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$79K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$17K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$14K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$14K | -800 | Closed |
|
ACV Hedge Fund Activity: Q4 2015 in Review
23 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q4 2015, worth a combined $25.6M — up 176% from $9.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ACV positions and 3 closed out — a net gain of 6 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.38M. The largest seller was Virtu KCG Holdings, cutting an estimated $627K.
- 23 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q4 2015, up from 17 in Q3 2015.
- Funds reported $25.6M of Virtus Diversified Income & Convertible Fund stock for Q4 2015, up 176% quarter-over-quarter.
- 9 funds opened new Virtus Diversified Income & Convertible Fund positions in Q4 2015 and 3 closed out, a net change of +6 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q4 2015 was Rivernorth Capital Management, an estimated $3.38M added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q4 2015 was Virtu KCG Holdings, an estimated $627K sold.
Based on aggregated 13F filings for Q4 2015.