Virtus Convertible & Income Fund
NCV
59 hedge funds and large institutions have $97.8M invested in Virtus Convertible & Income Fund in 2026 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $102M → $97.8M (-$3.87M)
5% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 22
6% less funds holding
Funds holding: 63 → 59 (-4)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$8.99M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.25M |
| 3 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
+$1.06M |
| 4 |
CA
CoreCap Advisors
Southfield,
Michigan
|
+$822K |
| 5 |
Morgan Stanley
New York
|
+$785K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$4.55M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.21M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.64M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.8M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.54M |
NCV Hedge Fund Activity: Q1 2026 in Review
59 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund (NCV) for Q1 2026, worth a combined $97.8M — down 3.8% from $102M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NCV and 8 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 21 added.
The largest buyer was Saba Capital Management, adding an estimated $8.99M. The largest seller was Penserra Capital Management, cutting an estimated $4.55M.
- 59 institutional investors held Virtus Convertible & Income Fund (NCV) as of Q1 2026, down from 63 in Q4 2025.
- Funds reported $97.8M of Virtus Convertible & Income Fund stock for Q1 2026, down 3.8% quarter-over-quarter.
- 8 funds opened new Virtus Convertible & Income Fund positions in Q1 2026 and 9 closed out, a net change of -1 holder.
- The largest Virtus Convertible & Income Fund buyer in Q1 2026 was Saba Capital Management, an estimated $8.99M added.
- The largest Virtus Convertible & Income Fund seller in Q1 2026 was Penserra Capital Management, an estimated $4.55M sold.
Based on aggregated 13F filings for Q1 2026.