Virtus Diversified Income & Convertible Fund
ACV
21 hedge funds and large institutions have $47.3M invested in Virtus Diversified Income & Convertible Fund in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
8% more capital invested
Capital invested by funds: $43.7M → $47.3M (+$3.61M)
5% more funds holding
Funds holding: 20 → 21 (+1)
0% more ownership
Funds ownership: 18.51% → 18.52% (+0%)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$995K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$951K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$393K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$311K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.44M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$675K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$570K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$403K |
| 5 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
-$65K |
ACV Hedge Fund Activity: Q3 2018 in Review
21 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q3 2018, worth a combined $47.3M — up 8.3% from $43.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ACV positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $995K. The largest seller was Invesco, cutting an estimated $1.44M.
- 21 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q3 2018, up from 20 in Q2 2018.
- Funds reported $47.3M of Virtus Diversified Income & Convertible Fund stock for Q3 2018, up 8.3% quarter-over-quarter.
- 3 funds opened new Virtus Diversified Income & Convertible Fund positions in Q3 2018 and 2 closed out, a net change of +1 holder.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q3 2018 was Guggenheim Capital, an estimated $995K added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q3 2018 was Invesco, an estimated $1.44M sold.
Based on aggregated 13F filings for Q3 2018.