Virtus Convertible & Income Fund
NCV
72 hedge funds and large institutions have $42.2M invested in Virtus Convertible & Income Fund in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 28 reducing their positions, and 14 closing their positions.
0.01% more ownership
Funds ownership: 3.12% → 3.12% (+0.01%)
6% less funds holding
Funds holding: 77 → 72 (-5)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
34% less capital invested
Capital invested by funds: $64.4M → $42.2M (-$22.2M)
39% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.71M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.18M |
| 3 |
Cohen & Steers
New York
|
+$1.12M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$849K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$786K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.11M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.06M |
| 3 |
Morgan Stanley
New York
|
-$700K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$586K |
| 5 |
LPL Financial
San Diego,
California
|
-$492K |
NCV Hedge Fund Activity: Q1 2020 in Review
72 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q1 2020, worth a combined $42.2M — down 34% from $64.4M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NCV and 11 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 17 added.
The largest buyer was Landscape Capital Management, adding an estimated $1.71M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.11M sold.
- 72 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q1 2020, down from 77 in Q4 2019.
- Funds reported $42.2M of Virtus Convertible & Income Fund stock for Q1 2020, down 34% quarter-over-quarter.
- 11 funds opened new Virtus Convertible & Income Fund positions in Q1 2020 and 14 closed out, a net change of -3 holders.
- The largest Virtus Convertible & Income Fund buyer in Q1 2020 was Landscape Capital Management, an estimated $1.71M added.
- The largest Virtus Convertible & Income Fund seller in Q1 2020 was Rivernorth Capital Management, an estimated $2.11M sold.
Based on aggregated 13F filings for Q1 2020.