Virtus Diversified Income & Convertible Fund
ACV
29 hedge funds and large institutions have $44.1M invested in Virtus Diversified Income & Convertible Fund in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 2 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
24% more capital invested
Capital invested by funds: $35.6M → $44.1M (+$8.43M)
12% more funds holding
Funds holding: 26 → 29 (+3)
1.84% more ownership
Funds ownership: 18.42% → 20.27% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.18M |
| 2 |
LPL Financial
San Diego,
California
|
+$737K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$477K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$400K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$319K |
| 3 |
JP Morgan Chase
New York
|
-$95.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$65.5K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$38.2K |
ACV Hedge Fund Activity: Q4 2023 in Review
29 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q4 2023, worth a combined $44.1M — up 24% from $35.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ACV positions and 2 closed out — a net gain of 3 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.18M. The largest seller was Cornerstone Advisors, cutting an estimated $1M.
- 29 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q4 2023, up from 26 in Q3 2023.
- Funds reported $44.1M of Virtus Diversified Income & Convertible Fund stock for Q4 2023, up 24% quarter-over-quarter.
- 5 funds opened new Virtus Diversified Income & Convertible Fund positions in Q4 2023 and 2 closed out, a net change of +3 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q4 2023 was Advisors Asset Management, an estimated $1.18M added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q4 2023 was Cornerstone Advisors, an estimated $1M sold.
Based on aggregated 13F filings for Q4 2023.