Virtus Diversified Income & Convertible Fund
ACV
26 hedge funds and large institutions have $35.6M invested in Virtus Diversified Income & Convertible Fund in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 2 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
1.77% more ownership
Funds ownership: 16.66% → 18.42% (+1.8%)
3% more capital invested
Capital invested by funds: $34.5M → $35.6M (+$1.14M)
4% less funds holding
Funds holding: 27 → 26 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.28M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$664K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$225K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$127K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$438K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$360K |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
-$122K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$109K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$73.1K |
ACV Hedge Fund Activity: Q3 2023 in Review
26 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q3 2023, worth a combined $35.6M — up 3.3% from $34.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ACV and 1 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 11 added.
The largest buyer was LPL Financial, adding an estimated $3.28M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $438K sold.
- 26 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q3 2023, down from 27 in Q2 2023.
- Funds reported $35.6M of Virtus Diversified Income & Convertible Fund stock for Q3 2023, up 3.3% quarter-over-quarter.
- 1 fund opened new Virtus Diversified Income & Convertible Fund positions in Q3 2023 and 2 closed out, a net change of -1 holder.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q3 2023 was LPL Financial, an estimated $3.28M added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q3 2023 was Wolverine Asset Management, an estimated $438K sold.
Based on aggregated 13F filings for Q3 2023.