Virtus Diversified Income & Convertible Fund
ACV
20 hedge funds and large institutions have $42.5M invested in Virtus Diversified Income & Convertible Fund in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 3 closing their positions.
33% more capital invested
Capital invested by funds: $31.8M → $42.5M (+$10.7M)
3.94% more ownership
Funds ownership: 13.01% → 16.95% (+3.9%)
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$9.98M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$455K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$356K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$286K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.03M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$352K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$250K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$99K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$71.9K |
ACV Hedge Fund Activity: Q1 2018 in Review
20 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q1 2018, worth a combined $42.5M — up 33% from $31.8M a quarter earlier.
Fund positioning in ACV was balanced in Q1 2018: 3 funds opened new positions, 3 closed out, 6 added to existing stakes and 9 trimmed.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $9.98M. The largest seller was Parametric Portfolio Associates, cutting an estimated $1.03M.
- 20 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $42.5M of Virtus Diversified Income & Convertible Fund stock for Q1 2018, up 33% quarter-over-quarter.
- 3 funds opened new Virtus Diversified Income & Convertible Fund positions in Q1 2018 and 3 closed out, a net change of 0 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q1 2018 was Guggenheim Capital, an estimated $9.98M added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q1 2018 was Parametric Portfolio Associates, an estimated $1.03M sold.
Based on aggregated 13F filings for Q1 2018.