Virtus Convertible & Income 2024 Target Term Fund
CBH
CBH was delisted on the 26th of August, 2024.
20 hedge funds and large institutions have $31.6M invested in Virtus Convertible & Income 2024 Target Term Fund in 2017 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 0 closing their positions.
993% more capital invested
Capital invested by funds: $2.9M → $31.6M (+$28.7M)
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
233% more funds holding
Funds holding: 6 → 20 (+14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$14.4M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$3.45M |
| 3 |
Morgan Stanley
New York
|
+$2.49M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$2.29M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$5.63K |
CBH Hedge Fund Activity: Q4 2017 in Review
20 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income 2024 Target Term Fund (CBH) for Q4 2017, worth a combined $31.6M — up 993% from $2.9M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new CBH positions and 0 closed out — a net gain of 14 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $14.4M. The largest seller was Ladenburg Thalmann Financial Services, cutting an estimated $5.63K.
- 20 institutional investors held Virtus Convertible & Income 2024 Target Term Fund (CBH) as of Q4 2017, up from 6 in Q3 2017.
- Funds reported $31.6M of Virtus Convertible & Income 2024 Target Term Fund stock for Q4 2017, up 993% quarter-over-quarter.
- 14 funds opened new Virtus Convertible & Income 2024 Target Term Fund positions in Q4 2017 and 0 closed out, a net change of +14 holders.
- The largest Virtus Convertible & Income 2024 Target Term Fund buyer in Q4 2017 was Rivernorth Capital Management, an estimated $14.4M added.
- The largest Virtus Convertible & Income 2024 Target Term Fund seller in Q4 2017 was Ladenburg Thalmann Financial Services, an estimated $5.63K sold.
Based on aggregated 13F filings for Q4 2017.