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ACV

Virtus Diversified Income & Convertible Fund

32 hedge funds and large institutions have $32M invested in Virtus Diversified Income & Convertible Fund in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 8

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

7% more funds holding

Funds holding: 3032 (+2)

5% more capital invested

Capital invested by funds: $30.5M → $32M (+$1.53M)

0.11% more ownership

Funds ownership: 15.89%16% (+0.11%)

Holders
32
Holders Change
+2
Holders Change %
+6.67%
% of All Funds
0.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
12
Reduced
8
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$7.42M +$460K +22,198 +6%
AAM
2
Advisors Asset Management
Colorado
$4.75M -$856K -41,318 -14%
GC
3
Guggenheim Capital
Illinois
$4.18M -$890K -42,916 -17%
LPL Financial
4
LPL Financial
California
$3.62M +$796K +38,386 +26%
Bank of America
5
Bank of America
North Carolina
$2.07M +$42K +2,026 +2%
RJA
6
Raymond James & Associates
Florida
$1.98M +$307K +14,811 +17%
Morgan Stanley
7
Morgan Stanley
New York
$1.73M +$96.3K +4,644 +5%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$940K +$71.1K +3,430 +8%
HWAM
9
Hennion & Walsh Asset Management
New Jersey
$820K -$42.7K -2,062 -5%
Stifel Financial
10
Stifel Financial
Missouri
$723K +$19.4K +938 +3%
DC
11
Davenport & Co
Virginia
$720K -$60.1K -2,900 -7%
UBS Group
12
UBS Group
Switzerland
$658K -$106K -5,109 -13%
Osaic Holdings
13
Osaic Holdings
Arizona
$429K -$173K -8,366 -27%
BRWA
14
B. Riley Wealth Advisors
Florida
$402K +$24.4K +1,177 +6%
SFS
15
Shaker Financial Services
Virginia
$371K +$398K +19,199 New
MP
16
McDonald Partners
Ohio
$270K +$290K +14,000 New
RW
17
RVW Wealth
California
$234K +$251K +12,100 New
AWS
18
Atria Wealth Solutions
New York
$204K -$6.38K -308 -3%
NA
19
NewEdge Advisors
Louisiana
$81.8K -$13K -627 -13%
ASN
20
Advisory Services Network
Georgia
$77.4K +$9.7K +468 +13%
WAM
21
Wolverine Asset Management
Illinois
$46.1K +$49.5K +2,386 New
SPIA
22
Steward Partners Investment Advisory
New York
$42.5K +$8.29K +400 +22%
IAIM
23
International Assets Investment Management
Florida
$40.4K +$43.3K +2,091 New
BWP
24
Baldwin Wealth Partners
Massachusetts
$38.6K
SWM
25
Sugarloaf Wealth Management
Georgia
$34.5K +$1.31K +63 +4%

ACV Hedge Fund Activity: Q1 2023 in Review

32 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q1 2023, worth a combined $32M — up 5% from $30.5M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new ACV positions and 5 closed out — a net gain of 2 holders — while 12 added to existing stakes and 8 trimmed.

The largest buyer was LPL Financial, adding an estimated $796K. The largest seller was Guggenheim Capital, cutting an estimated $890K.

  • 32 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q1 2023, up from 30 in Q4 2022.
  • Funds reported $32M of Virtus Diversified Income & Convertible Fund stock for Q1 2023, up 5% quarter-over-quarter.
  • 7 funds opened new Virtus Diversified Income & Convertible Fund positions in Q1 2023 and 5 closed out, a net change of +2 holders.
  • The largest Virtus Diversified Income & Convertible Fund buyer in Q1 2023 was LPL Financial, an estimated $796K added.
  • The largest Virtus Diversified Income & Convertible Fund seller in Q1 2023 was Guggenheim Capital, an estimated $890K sold.

Based on aggregated 13F filings for Q1 2023.