Virtus Convertible & Income Fund
NCV
91 hedge funds and large institutions have $83.3M invested in Virtus Convertible & Income Fund in 2024 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 27 reducing their positions, and 15 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 27
12% more capital invested
Capital invested by funds: $74.6M → $83.3M (+$8.66M)
0.27% more ownership
Funds ownership: 6.32% → 6.59% (+0.27%)
6% less funds holding
Funds holding: 97 → 91 (-6)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$8.72M |
| 2 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
+$1.69M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$516K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$206K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$3.06M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.31M |
| 3 |
Morgan Stanley
New York
|
-$974K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$837K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$527K |
NCV Hedge Fund Activity: Q3 2024 in Review
91 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q3 2024, worth a combined $83.3M — up 12% from $74.6M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NCV and 9 opened new positions — a net loss of 6 holders — while 27 trimmed existing stakes and 33 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $8.72M. The largest seller was Cornerstone Advisors, cutting an estimated $3.06M.
- 91 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q3 2024, down from 97 in Q2 2024.
- Funds reported $83.3M of Virtus Convertible & Income Fund stock for Q3 2024, up 12% quarter-over-quarter.
- 9 funds opened new Virtus Convertible & Income Fund positions in Q3 2024 and 15 closed out, a net change of -6 holders.
- The largest Virtus Convertible & Income Fund buyer in Q3 2024 was Penserra Capital Management, an estimated $8.72M added.
- The largest Virtus Convertible & Income Fund seller in Q3 2024 was Cornerstone Advisors, an estimated $3.06M sold.
Based on aggregated 13F filings for Q3 2024.