Virtus Diversified Income & Convertible Fund
ACV
37 hedge funds and large institutions have $63.2M invested in Virtus Diversified Income & Convertible Fund in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
33% more capital invested
Capital invested by funds: $47.4M → $63.2M (+$15.8M)
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
12% more funds holding
Funds holding: 33 → 37 (+4)
0.61% more ownership
Funds ownership: 18.07% → 18.68% (+0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.04M |
| 2 |
Cohen & Steers
New York
|
+$1.55M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.52M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$286K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.52M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$704K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$540K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$294K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$263K |
ACV Hedge Fund Activity: Q4 2020 in Review
37 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q4 2020, worth a combined $63.2M — up 33% from $47.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ACV positions and 3 closed out — a net gain of 4 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $2.04M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $2.52M sold.
- 37 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q4 2020, up from 33 in Q3 2020.
- Funds reported $63.2M of Virtus Diversified Income & Convertible Fund stock for Q4 2020, up 33% quarter-over-quarter.
- 7 funds opened new Virtus Diversified Income & Convertible Fund positions in Q4 2020 and 3 closed out, a net change of +4 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q4 2020 was Advisors Asset Management, an estimated $2.04M added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q4 2020 was Wolverine Asset Management, an estimated $2.52M sold.
Based on aggregated 13F filings for Q4 2020.