Virtus Diversified Income & Convertible Fund
ACV
25 hedge funds and large institutions have $26.4M invested in Virtus Diversified Income & Convertible Fund in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
14% more funds holding
Funds holding: 22 → 25 (+3)
6% more capital invested
Capital invested by funds: $24.9M → $26.4M (+$1.5M)
1.05% more ownership
Funds ownership: 11.67% → 12.72% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$773K |
| 2 |
LCM
Laurion Capital Management
New York
|
+$680K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$477K |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$365K |
| 5 |
LPL Financial
San Diego,
California
|
+$335K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$541K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$496K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$322K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$259K |
| 5 |
Morgan Stanley
New York
|
-$203K |
ACV Hedge Fund Activity: Q4 2016 in Review
25 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q4 2016, worth a combined $26.4M — up 6% from $24.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ACV positions and 3 closed out — a net gain of 3 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $773K. The largest seller was Royal Bank of Canada, cutting an estimated $541K.
- 25 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q4 2016, up from 22 in Q3 2016.
- Funds reported $26.4M of Virtus Diversified Income & Convertible Fund stock for Q4 2016, up 6% quarter-over-quarter.
- 6 funds opened new Virtus Diversified Income & Convertible Fund positions in Q4 2016 and 3 closed out, a net change of +3 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q4 2016 was Guggenheim Capital, an estimated $773K added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q4 2016 was Royal Bank of Canada, an estimated $541K sold.
Based on aggregated 13F filings for Q4 2016.