Virtus Convertible & Income Fund
NCV
64 hedge funds and large institutions have $89.5M invested in Virtus Convertible & Income Fund in 2025 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 11 increasing their positions, 23 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
26% more capital invested
Capital invested by funds: $71.2M → $89.5M (+$18.3M)
14% more funds holding
Funds holding: 56 → 64 (+8)
3.54% more ownership
Funds ownership: 24.37% → 27.9% (+3.5%)
52% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
+$7.17M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$3.08M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.47M |
| 4 |
SF
Summit Financial
Parsippany,
New Jersey
|
+$1.38M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.4M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.39M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.38M |
| 4 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
-$970K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$611K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
JP Morgan Chase
New York
| – | -$65 | -5 | Closed |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | -$13 | -1 | Closed |
|
NCV Hedge Fund Activity: Q2 2025 in Review
64 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q2 2025, worth a combined $89.5M — up 26% from $71.2M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NCV positions and 12 closed out — a net gain of 9 holders — while 11 added to existing stakes and 23 trimmed.
The largest buyer was Congress Park Capital, opening a new position worth an estimated $7.17M. The largest seller was Morgan Stanley, cutting an estimated $3.4M.
- 64 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q2 2025, up from 56 in Q1 2025.
- Funds reported $89.5M of Virtus Convertible & Income Fund stock for Q2 2025, up 26% quarter-over-quarter.
- 21 funds opened new Virtus Convertible & Income Fund positions in Q2 2025 and 12 closed out, a net change of +9 holders.
- The largest Virtus Convertible & Income Fund buyer in Q2 2025 was Congress Park Capital, an estimated $7.17M added.
- The largest Virtus Convertible & Income Fund seller in Q2 2025 was Morgan Stanley, an estimated $3.4M sold.
Based on aggregated 13F filings for Q2 2025.