Virtus Diversified Income & Convertible Fund
ACV
31 hedge funds and large institutions have $38.3M invested in Virtus Diversified Income & Convertible Fund in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 4 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
6% more capital invested
Capital invested by funds: $36.2M → $38.3M (+$2.09M)
3% more funds holding
Funds holding: 30 → 31 (+1)
0.31% less ownership
Funds ownership: 15.4% → 15.09% (-0.31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$411K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$161K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$154K |
| 4 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
+$92.6K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$78.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$395K |
| 2 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$356K |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
-$257K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$229K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$210K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
26
Avior Wealth Management
Omaha,
Nebraska
| $15K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $15K | +$14.5K | +608 | New |
|
|
EFSCE
28
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $6K | – | – | – |
|
|
FA
29
Fortis Advisors
Wayne,
Pennsylvania
| $4K | +$4.07K | +170 | New |
|
|
PAM
30
Panagora Asset Management
Boston,
Massachusetts
| $2K | +$1.99K | +83 | New |
|
31
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | – | – | – |
|
|
MAFM
32
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
| – | -$356K | -15,630 | Closed |
|
|
OFG
33
OTA Financial Group
Purchase,
New York
| – | -$257K | -11,322 | Closed |
|
|
PAG
34
Private Advisor Group
Morristown,
New Jersey
| – | -$229K | -10,047 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
ACV Hedge Fund Activity: Q4 2019 in Review
31 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q4 2019, worth a combined $38.3M — up 5.8% from $36.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ACV positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $411K. The largest seller was Wells Fargo, cutting an estimated $395K.
- 31 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q4 2019, up from 30 in Q3 2019.
- Funds reported $38.3M of Virtus Diversified Income & Convertible Fund stock for Q4 2019, up 5.8% quarter-over-quarter.
- 5 funds opened new Virtus Diversified Income & Convertible Fund positions in Q4 2019 and 4 closed out, a net change of +1 holder.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q4 2019 was Advisors Asset Management, an estimated $411K added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q4 2019 was Wells Fargo, an estimated $395K sold.
Based on aggregated 13F filings for Q4 2019.