Virtus Convertible & Income Fund
NCV
92 hedge funds and large institutions have $63.4M invested in Virtus Convertible & Income Fund in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 12 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
0.63% more ownership
Funds ownership: 5.01% → 5.64% (+0.63%)
1% more capital invested
Capital invested by funds: $63.1M → $63.4M (+$337K)
0% more funds holding
Funds holding: 92 → 92 (0)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.36M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.46M |
| 3 |
Comerica Bank
Dallas,
Texas
|
+$1.2M |
| 4 |
API
Advisor Partners II
Walnut Creek,
California
|
+$1M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$798K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.03M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$624K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$566K |
| 4 |
JP Morgan Chase
New York
|
-$314K |
| 5 |
HBCM
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
-$234K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -104 | Closed |
|
|
EWA
102
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$651 | -47 | Closed |
|
|
PA
103
Parallel Advisors
San Francisco,
California
| – | -$219 | -16 | Closed |
|
|
CFO
104
CVA Family Office
Denver,
Colorado
| – | -$97 | -7 | Closed |
|
|
IA
105
IFP Advisors
Tampa,
Florida
| – | -$80 | -6 | Closed |
|
NCV Hedge Fund Activity: Q3 2023 in Review
92 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q3 2023, worth a combined $63.4M — up 0.53% from $63.1M a quarter earlier.
Fund positioning in NCV was balanced in Q3 2023: 12 funds opened new positions, 12 closed out, 37 added to existing stakes and 24 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.36M. The largest seller was Guggenheim Capital, cutting an estimated $1.03M.
- 92 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $63.4M of Virtus Convertible & Income Fund stock for Q3 2023, up 0.53% quarter-over-quarter.
- 12 funds opened new Virtus Convertible & Income Fund positions in Q3 2023 and 12 closed out, a net change of 0 holders.
- The largest Virtus Convertible & Income Fund buyer in Q3 2023 was Morgan Stanley, an estimated $4.36M added.
- The largest Virtus Convertible & Income Fund seller in Q3 2023 was Guggenheim Capital, an estimated $1.03M sold.
Based on aggregated 13F filings for Q3 2023.