Virtus Convertible & Income Fund
NCV
91 hedge funds and large institutions have $77.8M invested in Virtus Convertible & Income Fund in 2024 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 30 increasing their positions, 23 reducing their positions, and 13 closing their positions.
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
30% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 23
0% more funds holding
Funds holding: 91 → 91 (0)
0.38% less ownership
Funds ownership: 6.59% → 6.2% (-0.38%)
7% less capital invested
Capital invested by funds: $83.3M → $77.8M (-$5.49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.86M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$952K |
| 3 |
LPL Financial
San Diego,
California
|
+$942K |
| 4 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$830K |
| 5 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
+$638K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$8.97M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$961K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$604K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$521K |
| 5 |
Pathstone Holdings
Englewood,
New Jersey
|
-$442K |
NCV Hedge Fund Activity: Q4 2024 in Review
91 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q4 2024, worth a combined $77.8M — down 6.6% from $83.3M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NCV positions and 13 closed out — a net gain of 4 holders — while 30 added to existing stakes and 23 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.86M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $8.97M sold.
- 91 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q4 2024, unchanged from Q3 2024.
- Funds reported $77.8M of Virtus Convertible & Income Fund stock for Q4 2024, down 6.6% quarter-over-quarter.
- 17 funds opened new Virtus Convertible & Income Fund positions in Q4 2024 and 13 closed out, a net change of +4 holders.
- The largest Virtus Convertible & Income Fund buyer in Q4 2024 was Rivernorth Capital Management, an estimated $1.86M added.
- The largest Virtus Convertible & Income Fund seller in Q4 2024 was Penserra Capital Management, an estimated $8.97M sold.
Based on aggregated 13F filings for Q4 2024.