Virtus Diversified Income & Convertible Fund
ACV
22 hedge funds and large institutions have $24.9M invested in Virtus Diversified Income & Convertible Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 2 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
10% more capital invested
Capital invested by funds: $22.6M → $24.9M (+$2.28M)
10% more funds holding
Funds holding: 20 → 22 (+2)
0.32% more ownership
Funds ownership: 11.35% → 11.67% (+0.32%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$972K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$641K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$580K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$475K |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$354K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.39M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$448K |
| 3 |
Morgan Stanley
New York
|
-$389K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$342K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$246K |
ACV Hedge Fund Activity: Q3 2016 in Review
22 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q3 2016, worth a combined $24.9M — up 10% from $22.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ACV positions and 2 closed out — a net gain of 2 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $972K. The largest seller was Doliver Advisors, cutting an estimated $1.39M.
- 22 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q3 2016, up from 20 in Q2 2016.
- Funds reported $24.9M of Virtus Diversified Income & Convertible Fund stock for Q3 2016, up 10% quarter-over-quarter.
- 4 funds opened new Virtus Diversified Income & Convertible Fund positions in Q3 2016 and 2 closed out, a net change of +2 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q3 2016 was Advisors Asset Management, an estimated $972K added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q3 2016 was Doliver Advisors, an estimated $1.39M sold.
Based on aggregated 13F filings for Q3 2016.