Virtus Diversified Income & Convertible Fund
ACV
27 hedge funds and large institutions have $34.5M invested in Virtus Diversified Income & Convertible Fund in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 6 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
8% more capital invested
Capital invested by funds: $32M → $34.5M (+$2.49M)
0.66% more ownership
Funds ownership: 16% → 16.66% (+0.66%)
16% less funds holding
Funds holding: 32 → 27 (-5)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.47M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.2M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$772K |
| 4 |
LPL Financial
San Diego,
California
|
+$437K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$374K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.57M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$310K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$308K |
| 4 |
Morgan Stanley
New York
|
-$299K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$284K |
ACV Hedge Fund Activity: Q2 2023 in Review
27 of the 6,384 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q2 2023, worth a combined $34.5M — up 7.8% from $32M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ACV and 2 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Wells Fargo, adding an estimated $1.47M. The largest seller was Advisors Asset Management, cutting an estimated $1.57M.
- 27 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q2 2023, down from 32 in Q1 2023.
- Funds reported $34.5M of Virtus Diversified Income & Convertible Fund stock for Q2 2023, up 7.8% quarter-over-quarter.
- 2 funds opened new Virtus Diversified Income & Convertible Fund positions in Q2 2023 and 6 closed out, a net change of -4 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q2 2023 was Wells Fargo, an estimated $1.47M added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q2 2023 was Advisors Asset Management, an estimated $1.57M sold.
Based on aggregated 13F filings for Q2 2023.