Virtus Convertible & Income 2024 Target Term Fund
CBH
CBH was delisted on the 26th of August, 2024.
6 hedge funds and large institutions have $2.9M invested in Virtus Convertible & Income 2024 Target Term Fund in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
50% more funds holding
Funds holding: 4 → 6 (+2)
32% more capital invested
Capital invested by funds: $2.19M → $2.9M (+$709K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.17M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$379K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$269K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$9.02K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.34K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$2.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $2.21M | +$2.17M | +216,099 | +3,859% |
|
|
2
Wells Fargo
San Francisco,
California
| $376K | +$379K | +37,810 | New |
|
|
3
UBS Group
Zurich,
Switzerland
| $273K | +$269K | +26,833 | +4,548% |
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $25K | – | – | – |
|
|
LTFS
5
Ladenburg Thalmann Financial Services
Miami,
Florida
| $9K | +$9.02K | +900 | New |
|
|
6
Bank of America
Charlotte,
North Carolina
| $7K | +$7.34K | +733 | New |
|
|
AW
7
ACG Wealth
Atlanta,
Georgia
| – | -$2.1M | -210,000 | Closed |
|
CBH Hedge Fund Activity: Q3 2017 in Review
6 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income 2024 Target Term Fund (CBH) for Q3 2017, worth a combined $2.9M — up 32% from $2.19M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new CBH positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 0 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.17M. The largest seller was ACG Wealth, exiting entirely with an estimated $2.1M sold.
- 6 institutional investors held Virtus Convertible & Income 2024 Target Term Fund (CBH) as of Q3 2017, up from 4 in Q2 2017.
- Funds reported $2.9M of Virtus Convertible & Income 2024 Target Term Fund stock for Q3 2017, up 32% quarter-over-quarter.
- 3 funds opened new Virtus Convertible & Income 2024 Target Term Fund positions in Q3 2017 and 1 closed out, a net change of +2 holders.
- The largest Virtus Convertible & Income 2024 Target Term Fund buyer in Q3 2017 was Morgan Stanley, an estimated $2.17M added.
- The largest Virtus Convertible & Income 2024 Target Term Fund seller in Q3 2017 was ACG Wealth, an estimated $2.1M sold.
Based on aggregated 13F filings for Q3 2017.