Virtus Diversified Income & Convertible Fund
ACV
20 hedge funds and large institutions have $43.7M invested in Virtus Diversified Income & Convertible Fund in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 2 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
1.56% more ownership
Funds ownership: 16.95% → 18.51% (+1.6%)
3% more capital invested
Capital invested by funds: $42.5M → $43.7M (+$1.18M)
0% more funds holding
Funds holding: 20 → 20 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$635K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$326K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$181K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$157K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$84.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$417K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$339K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$288K |
| 4 |
UR
USCA RIA
Houston,
Texas
|
-$200K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$135K |
ACV Hedge Fund Activity: Q2 2018 in Review
20 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q2 2018, worth a combined $43.7M — up 2.8% from $42.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ACV positions and 2 closed out — a net gain of 1 holder — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $635K. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $417K sold.
- 20 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $43.7M of Virtus Diversified Income & Convertible Fund stock for Q2 2018, up 2.8% quarter-over-quarter.
- 3 funds opened new Virtus Diversified Income & Convertible Fund positions in Q2 2018 and 2 closed out, a net change of +1 holder.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q2 2018 was Guggenheim Capital, an estimated $635K added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q2 2018 was Parametric Portfolio Associates, an estimated $417K sold.
Based on aggregated 13F filings for Q2 2018.