Virtus Convertible & Income Fund
NCV
63 hedge funds and large institutions have $102M invested in Virtus Convertible & Income Fund in 2025 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 15 reducing their positions, and 5 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 15
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
15% more capital invested
Capital invested by funds: $88.6M → $102M (+$13M)
3% more funds holding
Funds holding: 61 → 63 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.09M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.67M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.14M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.85M |
| 5 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.82M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$949K |
| 3 |
Jane Street
New York
|
-$380K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$156K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$117K |
NCV Hedge Fund Activity: Q4 2025 in Review
63 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q4 2025, worth a combined $102M — up 15% from $88.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NCV positions and 5 closed out — a net gain of 3 holders — while 26 added to existing stakes and 15 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $3.09M. The largest seller was Morgan Stanley, cutting an estimated $1.82M.
- 63 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q4 2025, up from 61 in Q3 2025.
- Funds reported $102M of Virtus Convertible & Income Fund stock for Q4 2025, up 15% quarter-over-quarter.
- 8 funds opened new Virtus Convertible & Income Fund positions in Q4 2025 and 5 closed out, a net change of +3 holders.
- The largest Virtus Convertible & Income Fund buyer in Q4 2025 was Envestnet Asset Management, an estimated $3.09M added.
- The largest Virtus Convertible & Income Fund seller in Q4 2025 was Morgan Stanley, an estimated $1.82M sold.
Based on aggregated 13F filings for Q4 2025.