We are live on ! Find out more
NCV

Virtus Convertible & Income Fund
NCV

63 hedge funds and large institutions have $57.5M invested in Virtus Convertible & Income Fund in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 15

36% more capital invested

Capital invested by funds: $42.2M → $57.5M (+$15.3M)

0.51% more ownership

Funds ownership: 3.12% → 3.63% (+0.51%)

13% less funds holding

Funds holding: 72 → 63 (-9)

57% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 14

Holders
63
Holders Change
-9
Holders Change %
-12.5%
% of All Funds
1.29%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
23
Reduced
15
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$7.68M
2
Morgan Stanley
Morgan Stanley
New York
+$878K
3
Cohen & Steers
Cohen & Steers
New York
+$610K
4
WAM
Wolverine Asset Management
Illinois
+$372K
5
GC
Guggenheim Capital
Illinois
+$129K

Top Sellers

Rank Fund Capital Flow
1
LCM
Landscape Capital Management
New Jersey
-$1.01M
2
ACM
Arlington Capital Management
Illinois
-$308K
3
AGM
Alpine Global Management
New York
-$205K
4
LPL Financial
LPL Financial
California
-$181K
5
SFA
Sequoia Financial Advisors
Ohio
-$151K
Name Holding Trade Value Shares
Change 		Change in
Stake
SPIA
51
Steward Partners Investment Advisory
New York
$9K – – –
SF
52
Synovus Financial
Georgia
$9K – – –
Citigroup
53
Citigroup
New York
$7K – – –
FHA
54
Flagship Harbor Advisors
Massachusetts
$5K – – –
CFA
55
Carroll Financial Associates
North Carolina
$4K – – –
GWM
56
Geneos Wealth Management
Colorado
$3K – – –
FCA
57
FinTrust Capital Advisors
South Carolina
$2K – – –
PCG
58
Private Capital Group
Connecticut
$2K – – –
APWA
59
Atlas Private Wealth Advisors
New Jersey
$2K +$1.53K +94 New
KFS
60
Kelly Financial Services
Massachusetts
$1.21K +$33 +2 +3%
ACM
61
Arlington Capital Management
Illinois
– -$308K -20,599 Closed
AGM
62
Alpine Global Management
New York
– -$205K -13,722 Closed
SFA
63
Sequoia Financial Advisors
Ohio
– -$151K -10,077 Closed
CRC
64
Curi RMB Capital
Illinois
– -$68K -4,523 Closed
Koshinski Asset Management
65
Koshinski Asset Management
Illinois
– -$58K -3,900 Closed
SFS
66
Shaker Financial Services
Virginia
– -$56K -3,750 Closed
AWA
67
Arkadios Wealth Advisors
Georgia
– -$44.5K -2,974 Closed
MOS
68
MGO One Seven
Ohio
– -$38K -2,585 Closed
1WA
69
180 Wealth Advisors
Washington
– -$33K -2,500 Closed
VFA
70
Valeo Financial Advisors
Indiana
– -$15K -1,000 Closed
DWM
71
Darwin Wealth Management
Florida
– -$7K -500 Closed
WQ
72
Wealth Quarterback
New Jersey
– -$2.74K -183 Closed
GSWM
73
Golden State Wealth Management
California
– -$1K -47 Closed
CFO
74
CVA Family Office
Colorado
– +$114 +7 New
1 2
3

NCV Hedge Fund Activity: Q2 2020 in Review

63 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q2 2020, worth a combined $57.5M — up 36% from $42.2M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of NCV and 6 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 23 added.

The largest buyer was Bank of America, adding an estimated $7.68M. The largest seller was Landscape Capital Management, cutting an estimated $1.01M.

  • 63 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q2 2020, down from 72 in Q1 2020.
  • Funds reported $57.5M of Virtus Convertible & Income Fund stock for Q2 2020, up 36% quarter-over-quarter.
  • 6 funds opened new Virtus Convertible & Income Fund positions in Q2 2020 and 14 closed out, a net change of -8 holders.
  • The largest Virtus Convertible & Income Fund buyer in Q2 2020 was Bank of America, an estimated $7.68M added.
  • The largest Virtus Convertible & Income Fund seller in Q2 2020 was Landscape Capital Management, an estimated $1.01M sold.

Based on aggregated 13F filings for Q2 2020.