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NCV

Virtus Convertible & Income Fund
NCV

92 hedge funds and large institutions have $98.1M invested in Virtus Convertible & Income Fund in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 24 increasing their positions, 26 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 14

9% more capital invested

Capital invested by funds: $90.4M → $98.1M (+$7.7M)

3% more funds holding

Funds holding: 89 → 92 (+3)

0.44% more ownership

Funds ownership: 4.36% → 4.8% (+0.44%)

8% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 26

Holders
92
Holders Change
+3
Holders Change %
+3.37%
% of All Funds
1.62%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
18
Increased
24
Reduced
26
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PCM
Penserra Capital Management
California
+$13.6M
2
Bank of America
Bank of America
North Carolina
+$6.8M
3
AAM
Advisors Asset Management
Colorado
+$1.89M
4
RCM
Rivernorth Capital Management
Florida
+$1.82M
5
SFS
Shaker Financial Services
Virginia
+$1.5M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$5.34M
2
Millennium Management
Millennium Management
New York
-$4.73M
3
LCM
Landscape Capital Management
New Jersey
-$4.06M
4
Cohen & Steers
Cohen & Steers
New York
-$1.32M
5
CRC
Curi RMB Capital
Illinois
-$1.29M
Name Holding Trade Value Shares
Change 		Change in
Stake
ASN
51
Advisory Services Network
Georgia
$123K +$125K +5,434 New
IFWM
52
Institute for Wealth Management
Colorado
$121K -$15.1K -653 -11%
CF
53
Centaurus Financial
California
$99K +$3.6K +156 +4%
HCM
54
Hollencrest Capital Management
California
$98K – – –
GLA
55
Good Life Advisors
Pennsylvania
$95K – – –
CPIG
56
Chicago Partners Investment Group
Illinois
$95K +$1.36K +59 +1%
CIA
57
Capital Investment Advisors
Georgia
$87K -$3.46K -150 -4%
BCA
58
Biltmore Capital Advisors
New Jersey
$85K +$86.5K +3,750 New
IA
59
Insight Advisors
Pennsylvania
$81K +$81.3K +3,525 New
AWA
60
Arkadios Wealth Advisors
Georgia
$80K +$23.1K +1,000 +39%
IP
61
Intellectus Partners
California
$74K -$15.3K -663 -17%
CFS
62
Capital Financial Services
New York
$74K +$75K +3,250 New
GLLW
63
Graves Light Lenhart Wealth
Virginia
$71K – – –
BCA
64
Bay Colony Advisors
Massachusetts
$71K +$554 +24 +0.8%
BRWA
65
B. Riley Wealth Advisors
Florida
$67K +$68.2K +2,955 New
CA
66
Cetera Advisors
Colorado
$66K -$8.47K -367 -11%
NFG
67
Next Financial Group
Texas
$64K – – –
PWM
68
Paulson Wealth Management
Illinois
$63K – – –
1WA
69
180 Wealth Advisors
Washington
$62K – – –
HH
70
Hilltop Holdings
Texas
$58K +$59.3K +2,568 New
GIP
71
Greatmark Investment Partners
Georgia
$57K -$6.02K -261 -9%
ACI
72
Alpha Cubed Investments
California
$57K – – –
CFGS
73
Concourse Financial Group Securities
Alabama
$46K – – –
AWM
74
Accel Wealth Management
Iowa
$39K +$138 +6 +0.3%
APA
75
American Portfolios Advisors
New York
$30.8K – – –
1 2
3
4 5

NCV Hedge Fund Activity: Q1 2021 in Review

92 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q1 2021, worth a combined $98.1M — up 8.5% from $90.4M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new NCV positions and 14 closed out — a net gain of 4 holders — while 24 added to existing stakes and 26 trimmed.

The largest buyer was Penserra Capital Management, opening a new position worth an estimated $13.6M. The largest seller was Morgan Stanley, cutting an estimated $5.34M.

  • 92 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q1 2021, up from 89 in Q4 2020.
  • Funds reported $98.1M of Virtus Convertible & Income Fund stock for Q1 2021, up 8.5% quarter-over-quarter.
  • 18 funds opened new Virtus Convertible & Income Fund positions in Q1 2021 and 14 closed out, a net change of +4 holders.
  • The largest Virtus Convertible & Income Fund buyer in Q1 2021 was Penserra Capital Management, an estimated $13.6M added.
  • The largest Virtus Convertible & Income Fund seller in Q1 2021 was Morgan Stanley, an estimated $5.34M sold.

Based on aggregated 13F filings for Q1 2021.