We are live on ! Find out more
ACV

Virtus Diversified Income & Convertible Fund
ACV

37 hedge funds and large institutions have $32M invested in Virtus Diversified Income & Convertible Fund in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

160% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 5

19% more funds holding

Funds holding: 31 → 37 (+6)

2.17% more ownership

Funds ownership: 15.09% → 17.25% (+2.2%)

16% less capital invested

Capital invested by funds: $38.3M → $32M (-$6.27M)

45% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 11

Holders
37
Holders Change
+6
Holders Change %
+19.35%
% of All Funds
0.82%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
13
Increased
6
Reduced
11
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MC
Matisse Capital
Oregon
+$1.99M
2
Cohen & Steers
Cohen & Steers
New York
+$1.3M
3
LCM
Landscape Capital Management
New Jersey
+$1.11M
4
WAM
Wolverine Asset Management
Illinois
+$802K
5
PPA
Parametric Portfolio Associates
Washington
+$796K

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$1.25M
2
AAM
Advisors Asset Management
Colorado
-$614K
3
BRWA
B. Riley Wealth Advisors
Florida
-$560K
4
GC
Guggenheim Capital
Illinois
-$493K
5
RJA
Raymond James & Associates
Florida
-$341K
Name Holding Trade Value Shares
Change 		Change in
Stake
ASN
26
Advisory Services Network
Georgia
$100K +$127K +5,560 New
BWP
27
Baldwin Wealth Partners
Massachusetts
$36K – – –
SWM
28
Sugarloaf Wealth Management
Georgia
$21K +$549 +24 +2%
SPIA
29
Steward Partners Investment Advisory
New York
$16K – – –
AWM
30
Avior Wealth Management
Nebraska
$11K – – –
Northwestern Mutual Wealth Management
31
Northwestern Mutual Wealth Management
Wisconsin
$5K -$6.96K -304 -50%
Citigroup
32
Citigroup
New York
$4K +$4.78K +209 New
FA
33
Fortis Advisors
Pennsylvania
$3K – – –
PAM
34
Panagora Asset Management
Massachusetts
$3K +$2.27K +99 +119%
Carson Wealth (CWM LLC)
35
Carson Wealth (CWM LLC)
Nebraska
$1K – – –
SMFS
36
Squar Milner Financial Services
California
$1K +$2.29K +100 New
BRWA
37
B. Riley Wealth Advisors
Florida
– -$560K -22,758 Closed
SS
38
Sunbelt Securities
Texas
– -$283K -11,511 Closed
GVAG
39
Great Valley Advisor Group
Delaware
– -$257K -10,430 Closed
LPL Financial
40
LPL Financial
California
– -$221K -8,982 Closed
CFG
41
Citizens Financial Group
Rhode Island
– -$88.6K -3,873 -100%
EFSCE
42
Enterprise Financial Services Corp (EFSC)
Missouri
– -$5.49K -240 Closed
1
2

ACV Hedge Fund Activity: Q1 2020 in Review

37 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q1 2020, worth a combined $32M — down 16% from $38.3M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new ACV positions and 5 closed out — a net gain of 8 holders — while 6 added to existing stakes and 11 trimmed.

The largest buyer was Matisse Capital, opening a new position worth an estimated $1.99M. The largest seller was Bank of America, cutting an estimated $1.25M.

  • 37 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q1 2020, up from 31 in Q4 2019.
  • Funds reported $32M of Virtus Diversified Income & Convertible Fund stock for Q1 2020, down 16% quarter-over-quarter.
  • 13 funds opened new Virtus Diversified Income & Convertible Fund positions in Q1 2020 and 5 closed out, a net change of +8 holders.
  • The largest Virtus Diversified Income & Convertible Fund buyer in Q1 2020 was Matisse Capital, an estimated $1.99M added.
  • The largest Virtus Diversified Income & Convertible Fund seller in Q1 2020 was Bank of America, an estimated $1.25M sold.

Based on aggregated 13F filings for Q1 2020.