Virtus Total Return Fund
DCA
DCA was delisted on the 31st of March, 2017.
36 hedge funds and large institutions have $56M invested in Virtus Total Return Fund in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
18% more capital invested
Capital invested by funds: $47.5M → $56M (+$8.49M)
16% more funds holding
Funds holding: 31 → 36 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.36M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.98M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.97M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.96M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$3.17M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.05M |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$644K |
| 4 |
LPL Financial
San Diego,
California
|
-$561K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$313K |
DCA Hedge Fund Activity: Q2 2016 in Review
36 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (DCA) for Q2 2016, worth a combined $56M — up 18% from $47.5M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DCA positions and 8 closed out — a net gain of 5 holders — while 7 added to existing stakes and 11 trimmed.
The largest buyer was Bulldog Investors, adding an estimated $3.36M. The largest seller was Thomas J. Herzfeld Advisors, exiting entirely with an estimated $3.17M sold.
- 36 institutional investors held Virtus Total Return Fund (DCA) as of Q2 2016, up from 31 in Q1 2016.
- Funds reported $56M of Virtus Total Return Fund stock for Q2 2016, up 18% quarter-over-quarter.
- 13 funds opened new Virtus Total Return Fund positions in Q2 2016 and 8 closed out, a net change of +5 holders.
- The largest Virtus Total Return Fund buyer in Q2 2016 was Bulldog Investors, an estimated $3.36M added.
- The largest Virtus Total Return Fund seller in Q2 2016 was Thomas J. Herzfeld Advisors, an estimated $3.17M sold.
Based on aggregated 13F filings for Q2 2016.