Virtus Convertible & Income Fund
NCV
56 hedge funds and large institutions have $71M invested in Virtus Convertible & Income Fund in 2025 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 42 closing their positions.
0.49% less ownership
Funds ownership: 24.81% → 24.32% (-0.49%)
9% less capital invested
Capital invested by funds: $77.8M → $71M (-$6.77M)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
38% less funds holding
Funds holding: 91 → 56 (-35)
79% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$8.29M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.36M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$863K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$738K |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$652K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
-$6.05M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$2.61M |
| 3 |
PAS
Park Avenue Securities
New York
|
-$1.45M |
| 4 |
WAM
WNY Asset Management
Williamsville,
New York
|
-$1.2M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$890K |
NCV Hedge Fund Activity: Q1 2025 in Review
56 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q1 2025, worth a combined $71M — down 8.7% from $77.8M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of NCV and 9 opened new positions — a net loss of 33 holders — while 24 trimmed existing stakes and 21 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $8.29M. The largest seller was Congress Park Capital, exiting entirely with an estimated $6.05M sold.
- 56 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q1 2025, down from 91 in Q4 2024.
- Funds reported $71M of Virtus Convertible & Income Fund stock for Q1 2025, down 8.7% quarter-over-quarter.
- 9 funds opened new Virtus Convertible & Income Fund positions in Q1 2025 and 42 closed out, a net change of -33 holders.
- The largest Virtus Convertible & Income Fund buyer in Q1 2025 was Penserra Capital Management, an estimated $8.29M added.
- The largest Virtus Convertible & Income Fund seller in Q1 2025 was Congress Park Capital, an estimated $6.05M sold.
Based on aggregated 13F filings for Q1 2025.