Virtus Diversified Income & Convertible Fund
ACV
34 hedge funds and large institutions have $43.9M invested in Virtus Diversified Income & Convertible Fund in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 9 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
37% more capital invested
Capital invested by funds: $32M → $43.9M (+$11.9M)
1.14% more ownership
Funds ownership: 17.25% → 18.4% (+1.1%)
8% less funds holding
Funds holding: 37 → 34 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.29M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.21M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.04M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$728K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$477K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.57M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$660K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$626K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$382K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$353K |
ACV Hedge Fund Activity: Q2 2020 in Review
34 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q2 2020, worth a combined $43.9M — up 37% from $32M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ACV and 6 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 14 added.
The largest buyer was Wolverine Asset Management, adding an estimated $2.29M. The largest seller was Matisse Capital, exiting entirely with an estimated $1.57M sold.
- 34 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q2 2020, down from 37 in Q1 2020.
- Funds reported $43.9M of Virtus Diversified Income & Convertible Fund stock for Q2 2020, up 37% quarter-over-quarter.
- 6 funds opened new Virtus Diversified Income & Convertible Fund positions in Q2 2020 and 9 closed out, a net change of -3 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q2 2020 was Wolverine Asset Management, an estimated $2.29M added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q2 2020 was Matisse Capital, an estimated $1.57M sold.
Based on aggregated 13F filings for Q2 2020.