Virtus Convertible & Income Fund
NCV
82 hedge funds and large institutions have $96.8M invested in Virtus Convertible & Income Fund in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 32 increasing their positions, 17 reducing their positions, and 11 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 17
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
0.12% less ownership
Funds ownership: 5.45% → 5.32% (-0.12%)
4% less funds holding
Funds holding: 85 → 82 (-3)
16% less capital invested
Capital invested by funds: $115M → $96.8M (-$17.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.09M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.55M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$634K |
| 4 |
DWM
Doyle Wealth Management
St. Petersburg,
Florida
|
+$605K |
| 5 |
Jane Street
New York
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.76M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.35M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.37M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$959K |
| 5 |
Morgan Stanley
New York
|
-$673K |
NCV Hedge Fund Activity: Q1 2022 in Review
82 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q1 2022, worth a combined $96.8M — down 16% from $115M a quarter earlier.
Fund positioning in NCV was balanced in Q1 2022: 11 funds opened new positions, 11 closed out, 32 added to existing stakes and 17 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $4.09M. The largest seller was Bank of America, cutting an estimated $3.76M.
- 82 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q1 2022, down from 85 in Q4 2021.
- Funds reported $96.8M of Virtus Convertible & Income Fund stock for Q1 2022, down 16% quarter-over-quarter.
- 11 funds opened new Virtus Convertible & Income Fund positions in Q1 2022 and 11 closed out, a net change of 0 holders.
- The largest Virtus Convertible & Income Fund buyer in Q1 2022 was Parametric Portfolio Associates, an estimated $4.09M added.
- The largest Virtus Convertible & Income Fund seller in Q1 2022 was Bank of America, an estimated $3.76M sold.
Based on aggregated 13F filings for Q1 2022.