Virtus Diversified Income & Convertible Fund
ACV
29 hedge funds and large institutions have $45.9M invested in Virtus Diversified Income & Convertible Fund in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 2 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
29% more capital invested
Capital invested by funds: $35.6M → $45.9M (+$10.3M)
12% more funds holding
Funds holding: 26 → 29 (+3)
2.71% more ownership
Funds ownership: 18.42% → 21.13% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.03M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.18M |
| 3 |
LPL Financial
San Diego,
California
|
+$737K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$477K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$400K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$319K |
| 3 |
JP Morgan Chase
New York
|
-$95.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$65.5K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$38.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
26
FNY Investment Advisers
New York
| $25K | – | – | – |
|
|
SS
27
Sunbelt Securities
Houston,
Texas
| $13.8K | – | – | – |
|
|
IGWM
28
ICA Group Wealth Management
Denver,
Colorado
| $10.5K | +$9.5K | +500 | New |
|
|
GI
29
Gradient Investments
Arden Hills,
Minnesota
| $3.5K | +$3.17K | +167 | New |
|
|
30
JP Morgan Chase
New York
| – | -$95.3K | -5,107 | Closed |
|
|
GWS
31
Glassman Wealth Services
Vienna,
Virginia
| – | -$28.1K | -1,477 | Closed |
|
ACV Hedge Fund Activity: Q4 2023 in Review
29 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q4 2023, worth a combined $45.9M — up 29% from $35.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ACV positions and 2 closed out — a net gain of 3 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.03M. The largest seller was Cornerstone Advisors, cutting an estimated $1M.
- 29 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q4 2023, up from 26 in Q3 2023.
- Funds reported $45.9M of Virtus Diversified Income & Convertible Fund stock for Q4 2023, up 29% quarter-over-quarter.
- 5 funds opened new Virtus Diversified Income & Convertible Fund positions in Q4 2023 and 2 closed out, a net change of +3 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q4 2023 was Morgan Stanley, an estimated $2.03M added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q4 2023 was Cornerstone Advisors, an estimated $1M sold.
Based on aggregated 13F filings for Q4 2023.