Virtus Convertible & Income Fund
NCV
94 hedge funds and large institutions have $54.4M invested in Virtus Convertible & Income Fund in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 26 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
12% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 26
0% more funds holding
Funds holding: 94 → 94 (0)
0.17% less ownership
Funds ownership: 4.7% → 4.53% (-0.17%)
6% less capital invested
Capital invested by funds: $57.7M → $54.4M (-$3.32M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$881K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$507K |
| 3 |
WAM
WNY Asset Management
Williamsville,
New York
|
+$373K |
| 4 |
JP Morgan Chase
New York
|
+$220K |
| 5 |
Walleye Capital
New York
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.66M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.2M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$284K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$236K |
| 5 |
LPL Financial
San Diego,
California
|
-$167K |
NCV Hedge Fund Activity: Q1 2023 in Review
94 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q1 2023, worth a combined $54.4M — down 5.7% from $57.7M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NCV positions and 9 closed out — a net gain of 4 holders — while 29 added to existing stakes and 26 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $881K. The largest seller was Guggenheim Capital, cutting an estimated $1.66M.
- 94 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $54.4M of Virtus Convertible & Income Fund stock for Q1 2023, down 5.7% quarter-over-quarter.
- 13 funds opened new Virtus Convertible & Income Fund positions in Q1 2023 and 9 closed out, a net change of +4 holders.
- The largest Virtus Convertible & Income Fund buyer in Q1 2023 was Morgan Stanley, an estimated $881K added.
- The largest Virtus Convertible & Income Fund seller in Q1 2023 was Guggenheim Capital, an estimated $1.66M sold.
Based on aggregated 13F filings for Q1 2023.