Virtus Diversified Income & Convertible Fund
ACV
43 hedge funds and large institutions have $89.3M invested in Virtus Diversified Income & Convertible Fund in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 7 closing their positions.
37% more capital invested
Capital invested by funds: $65.2M → $89.3M (+$24.2M)
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2% more funds holding
Funds holding: 42 → 43 (+1)
1.06% more ownership
Funds ownership: 20.03% → 21.08% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.93M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.22M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.86M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.64M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$807K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.41M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.38M |
| 3 |
Cohen & Steers
New York
|
-$1.32M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$386K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$385K |
ACV Hedge Fund Activity: Q2 2021 in Review
43 of the 5,768 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q2 2021, worth a combined $89.3M — up 37% from $65.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ACV positions and 7 closed out — a net gain of 1 holder — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $3.93M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $3.41M sold.
- 43 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q2 2021, up from 42 in Q1 2021.
- Funds reported $89.3M of Virtus Diversified Income & Convertible Fund stock for Q2 2021, up 37% quarter-over-quarter.
- 8 funds opened new Virtus Diversified Income & Convertible Fund positions in Q2 2021 and 7 closed out, a net change of +1 holder.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q2 2021 was Advisors Asset Management, an estimated $3.93M added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q2 2021 was Karpus Investment Management, an estimated $3.41M sold.
Based on aggregated 13F filings for Q2 2021.