Virtus Diversified Income & Convertible Fund
ACV
27 hedge funds and large institutions have $48.7M invested in Virtus Diversified Income & Convertible Fund in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 6 closing their positions.
11% more capital invested
Capital invested by funds: $44.1M → $48.7M (+$4.68M)
0.58% less ownership
Funds ownership: 20.27% → 19.69% (-0.58%)
7% less funds holding
Funds holding: 29 → 27 (-2)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.13M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$501K |
| 3 |
Morgan Stanley
New York
|
+$396K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$200K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$196K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$968K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$681K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$661K |
| 4 |
LPL Financial
San Diego,
California
|
-$492K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$248K |
ACV Hedge Fund Activity: Q1 2024 in Review
27 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Virtus Diversified Income & Convertible Fund (ACV) for Q1 2024, worth a combined $48.7M — up 11% from $44.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ACV and 4 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.13M. The largest seller was Cornerstone Advisors, cutting an estimated $968K.
- 27 institutional investors held Virtus Diversified Income & Convertible Fund (ACV) as of Q1 2024, down from 29 in Q4 2023.
- Funds reported $48.7M of Virtus Diversified Income & Convertible Fund stock for Q1 2024, up 11% quarter-over-quarter.
- 4 funds opened new Virtus Diversified Income & Convertible Fund positions in Q1 2024 and 6 closed out, a net change of -2 holders.
- The largest Virtus Diversified Income & Convertible Fund buyer in Q1 2024 was Advisors Asset Management, an estimated $1.13M added.
- The largest Virtus Diversified Income & Convertible Fund seller in Q1 2024 was Cornerstone Advisors, an estimated $968K sold.
Based on aggregated 13F filings for Q1 2024.