Virtus Diversified Income & Convertible Fund
ACV
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.
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
11% more capital inflows, than outflows
Capital inflows: $2.9M | Capital outflows: $2.62M
7% more funds holding
Funds holding: 30 → 32 (+2)
0.11% more ownership
Funds ownership: 15.89% → 16% (+0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$796K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$460K |
| 3 |
Shaker Financial Services
Arlington,
Virginia
|
+$398K |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$307K |
| 5 |
McDonald Partners
Cleveland,
Ohio
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Guggenheim Capital
Chicago,
Illinois
|
-$890K |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
-$856K |
| 3 |
SFI Advisors
Montclair,
New Jersey
|
-$399K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$173K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$106K |
ACV Hedge Fund Activity: Q1 2023 in Review
32 of the 6,289 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.