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DCA

Virtus Total Return Fund

Delisted

DCA was delisted on the 31st of March, 2017.

37 hedge funds and large institutions have $63.5M invested in Virtus Total Return Fund in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

44% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 9

6% more funds holding

Funds holding: 3537 (+2)

4% less capital invested

Capital invested by funds: $66.3M → $63.5M (-$2.74M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
37
Holders Change
+2
Holders Change %
+5.71%
% of All Funds
0.93%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
5
Increased
13
Reduced
9
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BI
1
Bulldog Investors
New Jersey
$22.4M
RCM
2
Rivernorth Capital Management
Florida
$8.36M +$88.2K +19,930 +1%
AAM
3
Advisors Asset Management
Colorado
$8.01M -$1.55M -350,963 -16%
SIA
4
Sit Investment Associates
Minnesota
$5.74M +$889K +200,808 +19%
SFS
5
Shaker Financial Services
Virginia
$3.05M -$194K -43,882 -6%
IA
6
Icon Advisers
Colorado
$2.96M -$844K -190,669 -22%
Morgan Stanley
7
Morgan Stanley
New York
$1.91M +$179K +40,519 +11%
RVPG
8
Relative Value Partners Group
$1.58M +$982K +221,861 +167%
Wells Fargo
9
Wells Fargo
California
$1.28M +$31.1K +7,038 +3%
KIM
10
Karpus Investment Management
New York
$1.11M -$885 -200 -0.1%
PCR
11
Potrero Capital Research
California
$799K
WPA
12
Winning Points Advisors
Florida
$677K +$670K +151,362 New
SCM
13
Saba Capital Management
New York
$661K
LPL Financial
14
LPL Financial
California
$620K +$41.3K +9,328 +7%
RJA
15
Raymond James & Associates
Florida
$584K +$48.4K +10,925 +9%
AA
16
Ancora Advisors
Ohio
$481K +$477K +107,699 New
Citigroup
17
Citigroup
New York
$469K +$424K +95,723 +1,041%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$453K -$15.1K -3,411 -3%
BC
19
Brinker Capital
Pennsylvania
$432K +$72.7K +16,437 +20%
SIM
20
Strategic Investment Management
Virginia
$335K
DA
21
Doliver Advisors
Texas
$310K -$10.2K -2,314 -3%
UBS Group
22
UBS Group
Switzerland
$290K +$27.2K +6,149 +10%
BBPWM
23
Blue Bell Private Wealth Management
Pennsylvania
$197K -$47.8K -10,802 -20%
CL
24
CSS LLC
Illinois
$172K +$8.9K +2,010 +6%
AIA
25
Allegis Investment Advisors
Idaho
$140K +$25.2K +5,700 +22%

DCA Hedge Fund Activity: Q4 2016 in Review

37 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Virtus Total Return Fund (DCA) for Q4 2016, worth a combined $63.5M — down 4.1% from $66.3M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new DCA positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 9 trimmed.

The largest buyer was Relative Value Partners Group, adding an estimated $982K. The largest seller was Advisors Asset Management, cutting an estimated $1.55M.

  • 37 institutional investors held Virtus Total Return Fund (DCA) as of Q4 2016, up from 35 in Q3 2016.
  • Funds reported $63.5M of Virtus Total Return Fund stock for Q4 2016, down 4.1% quarter-over-quarter.
  • 5 funds opened new Virtus Total Return Fund positions in Q4 2016 and 3 closed out, a net change of +2 holders.
  • The largest Virtus Total Return Fund buyer in Q4 2016 was Relative Value Partners Group, an estimated $982K added.
  • The largest Virtus Total Return Fund seller in Q4 2016 was Advisors Asset Management, an estimated $1.55M sold.

Based on aggregated 13F filings for Q4 2016.