Virtus Diversified Income & Convertible Fund
ACV
30 hedge funds and large institutions have $43M invested in Virtus Diversified Income & Convertible Fund in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 5 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
11% more funds holding
Funds holding: 27 → 30 (+3)
0.17% less ownership
Funds ownership: 19.69% → 19.52% (-0.17%)
12% less capital invested
Capital invested by funds: $48.7M → $43M (-$5.77M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$839K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$714K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$478K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$474K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$314K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.03M |
| 2 |
Morgan Stanley
New York
|
-$910K |
| 3 |
RW
RVW Wealth
Los Angeles,
California
|
-$290K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$209K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$206K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $54.5K | +$56.8K | +2,570 | New |
|
|
IAIM
27
International Assets Investment Management
Orlando,
Florida
| $51K | +$53.2K | +2,405 | New |
|
|
SS
28
Sunbelt Securities
Houston,
Texas
| $14K | – | – | – |
|
|
CA
29
Cornerstone Advisors
Asheville,
North Carolina
| $7.47K | – | – | – |
|
30
Fidelity Investments
Boston,
Massachusetts
| $21 | +$22 | +1 | New |
|
|
RW
31
RVW Wealth
Los Angeles,
California
| – | -$290K | -12,100 | Closed |
|
|
32
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$209K | -8,730 | Closed |
|
|
WS
33
Wedbush Securities
Los Angeles,
California
| – | -$206K | -8,591 | Closed |
|
|
IGWM
34
ICA Group Wealth Management
Denver,
Colorado
| – | -$12K | -500 | Closed |
|
35
Comerica Bank
Dallas,
Texas
| – | -$2.73K | -114 | Closed |
|
ACV Hedge Fund Activity: Q2 2024 in Review
30 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q2 2024, worth a combined $43M — down 12% from $48.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ACV positions and 5 closed out — a net gain of 3 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $839K. The largest seller was LPL Financial, cutting an estimated $2.03M.
- 30 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q2 2024, up from 27 in Q1 2024.
- Funds reported $43M of Virtus Diversified Income & Convertible Fund stock for Q2 2024, down 12% quarter-over-quarter.
- 8 funds opened new Virtus Diversified Income & Convertible Fund positions in Q2 2024 and 5 closed out, a net change of +3 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q2 2024 was Citadel Advisors, an estimated $839K added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q2 2024 was LPL Financial, an estimated $2.03M sold.
Based on aggregated 13F filings for Q2 2024.