Virtus Convertible & Income 2024 Target Term Fund
CBH
CBH was delisted on the 26th of August, 2024.
18 hedge funds and large institutions have $43M invested in Virtus Convertible & Income 2024 Target Term Fund in 2018 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 13 increasing their positions, 3 reducing their positions, and 1 closing their positions.
333% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 3
8% more capital invested
Capital invested by funds: $39.9M → $43M (+$3.08M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 19 → 18 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.29M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.08M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$475K |
| 4 |
Morgan Stanley
New York
|
+$233K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$278K |
| 2 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$101K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$22.4K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$6.77K |
CBH Hedge Fund Activity: Q3 2018 in Review
18 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income 2024 Target Term Fund (CBH) for Q3 2018, worth a combined $43M — up 7.7% from $39.9M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of CBH and 0 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 13 added.
The largest buyer was UBS Group, adding an estimated $1.29M. The largest seller was Mariner Investment Group, cutting an estimated $278K.
- 18 institutional investors held Virtus Convertible & Income 2024 Target Term Fund (CBH) as of Q3 2018, down from 19 in Q2 2018.
- Funds reported $43M of Virtus Convertible & Income 2024 Target Term Fund stock for Q3 2018, up 7.7% quarter-over-quarter.
- 0 funds opened new Virtus Convertible & Income 2024 Target Term Fund positions in Q3 2018 and 1 closed out, a net change of -1 holder.
- The largest Virtus Convertible & Income 2024 Target Term Fund buyer in Q3 2018 was UBS Group, an estimated $1.29M added.
- The largest Virtus Convertible & Income 2024 Target Term Fund seller in Q3 2018 was Mariner Investment Group, an estimated $278K sold.
Based on aggregated 13F filings for Q3 2018.