Virtus Total Return Fund
DCA
DCA was delisted on the 31st of March, 2017.
31 hedge funds and large institutions have $47.5M invested in Virtus Total Return Fund in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 33 → 31 (-2)
10% less capital invested
Capital invested by funds: $52.6M → $47.5M (-$5.04M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$9.3M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.42M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$965K |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$683K |
| 5 |
SCM
Saba Capital Management
New York
|
+$546K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.29M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$1.15M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$973K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$880K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$512K |
DCA Hedge Fund Activity: Q1 2016 in Review
31 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (DCA) for Q1 2016, worth a combined $47.5M — down 9.6% from $52.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DCA and 8 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 7 added.
The largest buyer was Bulldog Investors, adding an estimated $9.3M. The largest seller was Advisors Asset Management, cutting an estimated $2.29M.
- 31 institutional investors held Virtus Total Return Fund (DCA) as of Q1 2016, down from 33 in Q4 2015.
- Funds reported $47.5M of Virtus Total Return Fund stock for Q1 2016, down 9.6% quarter-over-quarter.
- 8 funds opened new Virtus Total Return Fund positions in Q1 2016 and 10 closed out, a net change of -2 holders.
- The largest Virtus Total Return Fund buyer in Q1 2016 was Bulldog Investors, an estimated $9.3M added.
- The largest Virtus Total Return Fund seller in Q1 2016 was Advisors Asset Management, an estimated $2.29M sold.
Based on aggregated 13F filings for Q1 2016.