Virtus Convertible & Income Fund
NCV
85 hedge funds and large institutions have $115M invested in Virtus Convertible & Income Fund in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 25 reducing their positions, and 10 closing their positions.
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
4% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 25
0.04% more ownership
Funds ownership: 5.41% → 5.45% (+0.04%)
2% less capital invested
Capital invested by funds: $117M → $115M (-$1.97M)
2% less funds holding
Funds holding: 87 → 85 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$10.9M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.82M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$717K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$683K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$541K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.2M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
-$2.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.48M |
| 4 |
SW
SVB Wealth
Boston,
Massachusetts
|
-$664K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$592K |
NCV Hedge Fund Activity: Q4 2021 in Review
85 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q4 2021, worth a combined $115M — down 1.7% from $117M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NCV positions and 10 closed out — a net gain of 1 holder — while 26 added to existing stakes and 25 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $10.9M. The largest seller was Credit Suisse, cutting an estimated $9.2M.
- 85 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q4 2021, down from 87 in Q3 2021.
- Funds reported $115M of Virtus Convertible & Income Fund stock for Q4 2021, down 1.7% quarter-over-quarter.
- 11 funds opened new Virtus Convertible & Income Fund positions in Q4 2021 and 10 closed out, a net change of +1 holder.
- The largest Virtus Convertible & Income Fund buyer in Q4 2021 was Rivernorth Capital Management, an estimated $10.9M added.
- The largest Virtus Convertible & Income Fund seller in Q4 2021 was Credit Suisse, an estimated $9.2M sold.
Based on aggregated 13F filings for Q4 2021.