Virtus Diversified Income & Convertible Fund
ACV
33 hedge funds and large institutions have $47.4M invested in Virtus Diversified Income & Convertible Fund in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 7 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
0.32% less ownership
Funds ownership: 18.4% → 18.08% (-0.32%)
3% less funds holding
Funds holding: 34 → 33 (-1)
13% less capital inflows, than outflows
Capital inflows: $4.46M | Capital outflows: $5.11M
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
+$811K |
| 2 |
Curi RMB Capital
Chicago,
Illinois
|
+$709K |
| 3 |
Cohen & Steers
New York
|
+$669K |
| 4 |
Morgan Stanley
New York
|
+$343K |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Asset Management
Chicago,
Illinois
|
-$1.1M |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
-$1.02M |
| 3 |
Shaker Financial Services
Arlington,
Virginia
|
-$786K |
| 4 |
Guggenheim Capital
Chicago,
Illinois
|
-$407K |
| 5 |
Wedbush Securities
Los Angeles,
California
|
-$325K |
ACV Hedge Fund Activity: Q3 2020 in Review
33 of the 4,972 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q3 2020, worth a combined $47.4M — up 8% from $43.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ACV and 6 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 13 added.
The largest buyer was Advisors Asset Management, adding an estimated $811K. The largest seller was Wolverine Asset Management, cutting an estimated $1.1M.
- 33 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q3 2020, down from 34 in Q2 2020.
- Funds reported $47.4M of Virtus Diversified Income & Convertible Fund stock for Q3 2020, up 8% quarter-over-quarter.
- 6 funds opened new Virtus Diversified Income & Convertible Fund positions in Q3 2020 and 7 closed out, a net change of -1 holder.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q3 2020 was Advisors Asset Management, an estimated $811K added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q3 2020 was Wolverine Asset Management, an estimated $1.1M sold.
Based on aggregated 13F filings for Q3 2020.