Virtus Convertible & Income 2024 Target Term Fund
CBH
CBH was delisted on the 26th of August, 2024.
30 hedge funds and large institutions have $42.8M invested in Virtus Convertible & Income 2024 Target Term Fund in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 0 closing their positions.
20% more funds holding
Funds holding: 25 → 30 (+5)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
2% less capital invested
Capital invested by funds: $43.8M → $42.8M (-$1.07M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$368K |
| 2 |
Morgan Stanley
New York
|
+$288K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$194K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$181K |
| 5 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$76.9K |
| 2 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$57.9K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$56.8K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$49.6K |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$23.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Koshinski Asset Management
Decatur,
Illinois
| $9.34K | – | – | – |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $6K | – | – | – |
|
|
FIA
28
FNY Investment Advisers
New York
| $4K | +$4.82K | +500 | New |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $2K | +$1.93K | +200 | New |
|
|
S
30
SignatureFD
Atlanta,
Georgia
| $1K | +$58 | +6 | +5% |
|
CBH Hedge Fund Activity: Q1 2022 in Review
30 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income 2024 Target Term Fund (CBH) for Q1 2022, worth a combined $42.8M — down 2.4% from $43.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CBH positions and 0 closed out — a net gain of 5 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $368K. The largest seller was Invesco, cutting an estimated $76.9K.
- 30 institutional investors held Virtus Convertible & Income 2024 Target Term Fund (CBH) as of Q1 2022, up from 25 in Q4 2021.
- Funds reported $42.8M of Virtus Convertible & Income 2024 Target Term Fund stock for Q1 2022, down 2.4% quarter-over-quarter.
- 5 funds opened new Virtus Convertible & Income 2024 Target Term Fund positions in Q1 2022 and 0 closed out, a net change of +5 holders.
- The largest Virtus Convertible & Income 2024 Target Term Fund buyer in Q1 2022 was Commonwealth Equity Services, an estimated $368K added.
- The largest Virtus Convertible & Income 2024 Target Term Fund seller in Q1 2022 was Invesco, an estimated $76.9K sold.
Based on aggregated 13F filings for Q1 2022.