Virtus Diversified Income & Convertible Fund
ACV
37 hedge funds and large institutions have $52.5M invested in Virtus Diversified Income & Convertible Fund in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 7 closing their positions.
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
1.48% less ownership
Funds ownership: 21.42% → 19.94% (-1.5%)
8% less funds holding
Funds holding: 40 → 37 (-3)
27% less capital invested
Capital invested by funds: $71.5M → $52.5M (-$19M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$749K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$582K |
| 3 |
Morgan Stanley
New York
|
+$402K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$251K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.21M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.93M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.11M |
| 4 |
Cohen & Steers
New York
|
-$755K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$417K |
ACV Hedge Fund Activity: Q1 2022 in Review
37 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q1 2022, worth a combined $52.5M — down 27% from $71.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ACV and 4 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 16 added.
The largest buyer was LPL Financial, adding an estimated $749K. The largest seller was UBS Group, cutting an estimated $2.21M.
- 37 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q1 2022, down from 40 in Q4 2021.
- Funds reported $52.5M of Virtus Diversified Income & Convertible Fund stock for Q1 2022, down 27% quarter-over-quarter.
- 4 funds opened new Virtus Diversified Income & Convertible Fund positions in Q1 2022 and 7 closed out, a net change of -3 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q1 2022 was LPL Financial, an estimated $749K added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q1 2022 was UBS Group, an estimated $2.21M sold.
Based on aggregated 13F filings for Q1 2022.