Virtus Convertible & Income Fund
NCV
83 hedge funds and large institutions have $67.2M invested in Virtus Convertible & Income Fund in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 82 → 83 (+1)
3% less capital inflows, than outflows
Capital inflows: $10.1M | Capital outflows: $10.4M
1.11% less ownership
Funds ownership: 21.3% → 20.19% (-1.1%)
16% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.18M |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
+$1.87M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$321K |
| 4 |
Rockefeller Capital Management
New York
|
+$279K |
| 5 |
Landscape Capital Management
Englewood,
New Jersey
|
+$240K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$7.04M |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
-$673K |
| 3 |
Doyle Wealth Management
St. Petersburg,
Florida
|
-$593K |
| 4 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$304K |
| 5 |
Cohen & Steers
New York
|
-$295K |
NCV Hedge Fund Activity: Q2 2022 in Review
83 of the 5,964 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q2 2022, worth a combined $67.2M — down 31% from $96.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NCV positions and 10 closed out — a net gain of 2 holders — while 21 added to existing stakes and 25 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.18M. The largest seller was Bank of America, cutting an estimated $7.04M.
- 83 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q2 2022, up from 82 in Q1 2022.
- Funds reported $67.2M of Virtus Convertible & Income Fund stock for Q2 2022, down 31% quarter-over-quarter.
- 12 funds opened new Virtus Convertible & Income Fund positions in Q2 2022 and 10 closed out, a net change of +2 holders.
- The largest Virtus Convertible & Income Fund buyer in Q2 2022 was Morgan Stanley, an estimated $6.18M added.
- The largest Virtus Convertible & Income Fund seller in Q2 2022 was Bank of America, an estimated $7.04M sold.
Based on aggregated 13F filings for Q2 2022.