Virtus Total Return Fund
DCA
DCA was delisted on the 31st of March, 2017.
35 hedge funds and large institutions have $66.3M invested in Virtus Total Return Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 9 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
78% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 9
18% more capital invested
Capital invested by funds: $56M → $66.3M (+$10.2M)
3% less funds holding
Funds holding: 36 → 35 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.42M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$2.87M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.69M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.63M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.31M |
| 2 |
Morgan Stanley
New York
|
-$1.44M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$815K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$397K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$355K |
DCA Hedge Fund Activity: Q3 2016 in Review
35 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (DCA) for Q3 2016, worth a combined $66.3M — up 18% from $56M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DCA and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 16 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.42M. The largest seller was Advisors Asset Management, cutting an estimated $3.31M.
- 35 institutional investors held Virtus Total Return Fund (DCA) as of Q3 2016, down from 36 in Q2 2016.
- Funds reported $66.3M of Virtus Total Return Fund stock for Q3 2016, up 18% quarter-over-quarter.
- 4 funds opened new Virtus Total Return Fund positions in Q3 2016 and 5 closed out, a net change of -1 holder.
- The largest Virtus Total Return Fund buyer in Q3 2016 was Rivernorth Capital Management, an estimated $3.42M added.
- The largest Virtus Total Return Fund seller in Q3 2016 was Advisors Asset Management, an estimated $3.31M sold.
Based on aggregated 13F filings for Q3 2016.