Virtus Convertible & Income Fund
NCV
97 hedge funds and large institutions have $74.6M invested in Virtus Convertible & Income Fund in 2024 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 31 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
1% more funds holding
Funds holding: 96 → 97 (+1)
1% more capital invested
Capital invested by funds: $73.6M → $74.6M (+$1.09M)
0.22% more ownership
Funds ownership: 6.1% → 6.32% (+0.22%)
13% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.29M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.27M |
| 3 |
WAM
WNY Asset Management
Williamsville,
New York
|
+$571K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$434K |
| 5 |
UBS AM
Chicago,
Illinois
|
+$321K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$719K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$428K |
| 3 |
Two Sigma Investments
New York
|
-$171K |
| 4 |
Rockefeller Capital Management
New York
|
-$153K |
| 5 |
BFM
Boothbay Fund Management
New York
|
-$150K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EAM
101
Eschler Asset Management
London,
United Kingdom
| – | -$149K | -11,250 | Closed |
|
|
VF
102
Virtu Financial
New York
| – | -$128K | -9,592 | Closed |
|
|
KAS
103
Kestra Advisory Services
Austin,
Texas
| – | -$121K | -9,026 | Closed |
|
|
SBIA
104
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
| – | -$99.8K | -7,468 | Closed |
|
105
Northern Trust
Chicago,
Illinois
| – | -$75.6K | -5,661 | Closed |
|
106
Verition Fund Management
Greenwich,
Connecticut
| – | -$50.1K | -3,750 | Closed |
|
|
HIC
107
Hartline Investment Corp
Winnetka,
Illinois
| – | -$35.4K | -2,648 | Closed |
|
108
Fidelity Investments
Boston,
Massachusetts
| – | -$6.58K | -493 | Closed |
|
|
CFO
109
CVA Family Office
Denver,
Colorado
| – | -$94 | -7 | Closed |
|
NCV Hedge Fund Activity: Q2 2024 in Review
97 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q2 2024, worth a combined $74.6M — up 1.5% from $73.6M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NCV positions and 11 closed out — a net gain of 3 holders — while 27 added to existing stakes and 31 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.29M. The largest seller was Bank of America, cutting an estimated $719K.
- 97 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q2 2024, up from 96 in Q1 2024.
- Funds reported $74.6M of Virtus Convertible & Income Fund stock for Q2 2024, up 1.5% quarter-over-quarter.
- 14 funds opened new Virtus Convertible & Income Fund positions in Q2 2024 and 11 closed out, a net change of +3 holders.
- The largest Virtus Convertible & Income Fund buyer in Q2 2024 was Morgan Stanley, an estimated $1.29M added.
- The largest Virtus Convertible & Income Fund seller in Q2 2024 was Bank of America, an estimated $719K sold.
Based on aggregated 13F filings for Q2 2024.