Virtus Convertible & Income Fund II
NCZ
60 hedge funds and large institutions have $85.8M invested in Virtus Convertible & Income Fund II in 2025 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
22% more capital invested
Capital invested by funds: $70.4M → $85.8M (+$15.3M)
13% more funds holding
Funds holding: 53 → 60 (+7)
3.1% more ownership
Funds ownership: 32% → 35.11% (+3.1%)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
+$6.56M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.08M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.08M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$707K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$558K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
Gridiron Partners
Wexford,
Pennsylvania
|
-$1.56M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.22M |
| 3 |
Morgan Stanley
New York
|
-$669K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$346K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$252K |
NCZ Hedge Fund Activity: Q2 2025 in Review
60 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund II (NCZ) for Q2 2025, worth a combined $85.8M — up 22% from $70.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NCZ positions and 6 closed out — a net gain of 7 holders — while 15 added to existing stakes and 18 trimmed.
The largest buyer was Congress Park Capital, opening a new position worth an estimated $6.56M. The largest seller was Gridiron Partners, exiting entirely with an estimated $1.56M sold.
- 60 institutional investors held Virtus Convertible & Income Fund II (NCZ) as of Q2 2025, up from 53 in Q1 2025.
- Funds reported $85.8M of Virtus Convertible & Income Fund II stock for Q2 2025, up 22% quarter-over-quarter.
- 13 funds opened new Virtus Convertible & Income Fund II positions in Q2 2025 and 6 closed out, a net change of +7 holders.
- The largest Virtus Convertible & Income Fund II buyer in Q2 2025 was Congress Park Capital, an estimated $6.56M added.
- The largest Virtus Convertible & Income Fund II seller in Q2 2025 was Gridiron Partners, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2025.