Virtus Convertible & Income 2024 Target Term Fund
CBH
CBH was delisted on the 26th of August, 2024.
26 hedge funds and large institutions have $44.3M invested in Virtus Convertible & Income 2024 Target Term Fund in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 26 → 26 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2% less capital invested
Capital invested by funds: $45.4M → $44.3M (-$1.05M)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
E&G Advisors
Houston,
Texas
|
+$698K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$680K |
| 3 |
Morgan Stanley
New York
|
+$284K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$153K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$932K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$186K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$179K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$161K |
| 5 |
VF
Virtu Financial
New York
|
-$116K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
26
SignatureFD
Atlanta,
Georgia
| $1K | -$78.5K | -7,565 | -99% |
|
|
SFS
27
Shaker Financial Services
Arlington,
Virginia
| – | -$161K | -15,400 | Closed |
|
|
VF
28
Virtu Financial
New York
| – | -$116K | -11,083 | Closed |
|
29
Osaic Holdings
Scottsdale,
Arizona
| – | -$33K | -3,200 | Closed |
|
|
NFSG
30
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$26K | -2,500 | Closed |
|
CBH Hedge Fund Activity: Q3 2021 in Review
26 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income 2024 Target Term Fund (CBH) for Q3 2021, worth a combined $44.3M — down 2.3% from $45.4M a quarter earlier.
Fund positioning in CBH was balanced in Q3 2021: 4 funds opened new positions, 4 closed out, 7 added to existing stakes and 11 trimmed.
The largest buyer was E&G Advisors, opening a new position worth an estimated $698K. The largest seller was Wells Fargo, cutting an estimated $932K.
- 26 institutional investors held Virtus Convertible & Income 2024 Target Term Fund (CBH) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $44.3M of Virtus Convertible & Income 2024 Target Term Fund stock for Q3 2021, down 2.3% quarter-over-quarter.
- 4 funds opened new Virtus Convertible & Income 2024 Target Term Fund positions in Q3 2021 and 4 closed out, a net change of 0 holders.
- The largest Virtus Convertible & Income 2024 Target Term Fund buyer in Q3 2021 was E&G Advisors, an estimated $698K added.
- The largest Virtus Convertible & Income 2024 Target Term Fund seller in Q3 2021 was Wells Fargo, an estimated $932K sold.
Based on aggregated 13F filings for Q3 2021.