Virtus Diversified Income & Convertible Fund
ACV
30 hedge funds and large institutions have $36.2M invested in Virtus Diversified Income & Convertible Fund in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
7% more funds holding
Funds holding: 28 → 30 (+2)
0.81% less ownership
Funds ownership: 16.2% → 15.4% (-0.81%)
7% less capital invested
Capital invested by funds: $39M → $36.2M (-$2.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.92M |
| 2 |
OFG
OTA Financial Group
Purchase,
New York
|
+$267K |
| 3 |
SS
Sunbelt Securities
Houston,
Texas
|
+$266K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$213K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$144K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.74M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.94M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$286K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$80.9K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$66.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
26
Steward Partners Investment Advisory
New York
| $21K | – | – | – |
|
|
AWM
27
Avior Wealth Management
Omaha,
Nebraska
| $14K | – | – | – |
|
|
EFSCE
28
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $5K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $2K | +$2.35K | +100 | New |
|
30
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
|
SMFS
31
Squar Milner Financial Services
Irvine,
California
| – | -$12K | -500 | Closed |
|
|
DWM
32
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$1K | -57 | Closed |
|
ACV Hedge Fund Activity: Q3 2019 in Review
30 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q3 2019, worth a combined $36.2M — down 7.3% from $39M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ACV positions and 2 closed out — a net gain of 2 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $1.92M. The largest seller was Advisors Asset Management, cutting an estimated $2.74M.
- 30 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q3 2019, up from 28 in Q2 2019.
- Funds reported $36.2M of Virtus Diversified Income & Convertible Fund stock for Q3 2019, down 7.3% quarter-over-quarter.
- 4 funds opened new Virtus Diversified Income & Convertible Fund positions in Q3 2019 and 2 closed out, a net change of +2 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q3 2019 was Cohen & Steers, an estimated $1.92M added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q3 2019 was Advisors Asset Management, an estimated $2.74M sold.
Based on aggregated 13F filings for Q3 2019.