Virtus Convertible & Income Fund
NCV
50 hedge funds and large institutions have $79.4M invested in Virtus Convertible & Income Fund in 2015 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
11% more funds holding
Funds holding: 45 → 50 (+5)
0.11% more ownership
Funds ownership: 2.67% → 2.78% (+0.11%)
6% less capital invested
Capital invested by funds: $84.7M → $79.4M (-$5.29M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.32M |
| 2 |
AIG
American International Group
New York
|
+$1.22M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.14M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$884K |
| 5 |
LPL Financial
San Diego,
California
|
+$809K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.63M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$503K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$347K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$240K |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
-$211K |
NCV Hedge Fund Activity: Q2 2015 in Review
50 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q2 2015, worth a combined $79.4M — down 6.2% from $84.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NCV positions and 4 closed out — a net gain of 5 holders — while 19 added to existing stakes and 13 trimmed.
The largest buyer was Mariner Investment Group, opening a new position worth an estimated $1.32M. The largest seller was Guggenheim Capital, cutting an estimated $1.63M.
- 50 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q2 2015, up from 45 in Q1 2015.
- Funds reported $79.4M of Virtus Convertible & Income Fund stock for Q2 2015, down 6.2% quarter-over-quarter.
- 9 funds opened new Virtus Convertible & Income Fund positions in Q2 2015 and 4 closed out, a net change of +5 holders.
- The largest Virtus Convertible & Income Fund buyer in Q2 2015 was Mariner Investment Group, an estimated $1.32M added.
- The largest Virtus Convertible & Income Fund seller in Q2 2015 was Guggenheim Capital, an estimated $1.63M sold.
Based on aggregated 13F filings for Q2 2015.