Virtus Diversified Income & Convertible Fund
ACV
42 hedge funds and large institutions have $65.2M invested in Virtus Diversified Income & Convertible Fund in 2021 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
14% more funds holding
Funds holding: 37 → 42 (+5)
1.34% more ownership
Funds ownership: 18.69% → 20.03% (+1.3%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
14% less capital invested
Capital invested by funds: $76M → $65.2M (-$10.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.6M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.51M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.25M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$836K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$444K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$4.44M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$875K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$361K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$305K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$252K |
ACV Hedge Fund Activity: Q1 2021 in Review
42 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q1 2021, worth a combined $65.2M — down 14% from $76M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ACV positions and 7 closed out — a net gain of 5 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $3.6M. The largest seller was Cohen & Steers, cutting an estimated $4.44M.
- 42 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q1 2021, up from 37 in Q4 2020.
- Funds reported $65.2M of Virtus Diversified Income & Convertible Fund stock for Q1 2021, down 14% quarter-over-quarter.
- 12 funds opened new Virtus Diversified Income & Convertible Fund positions in Q1 2021 and 7 closed out, a net change of +5 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q1 2021 was Karpus Investment Management, an estimated $3.6M added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q1 2021 was Cohen & Steers, an estimated $4.44M sold.
Based on aggregated 13F filings for Q1 2021.