Virtus Convertible & Income Fund II
NCZ
49 hedge funds and large institutions have $64.4M invested in Virtus Convertible & Income Fund II in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 7 closing their positions.
8% more capital invested
Capital invested by funds: $59.5M → $64.4M (+$4.86M)
0.07% more ownership
Funds ownership: 5% → 5.07% (+0.07%)
0% more funds holding
Funds holding: 49 → 49 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.5M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$772K |
| 3 |
LPL Financial
San Diego,
California
|
+$729K |
| 4 |
Morgan Stanley
New York
|
+$681K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$545K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.04M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.03M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$673K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$328K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$310K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACP
51
Arcus Capital Partners
Atlanta,
Georgia
| – | -$137K | -8,764 | Closed |
|
|
SPC
52
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$57K | -3,646 | Closed |
|
|
HB
53
Homrich & Berg
Atlanta,
Georgia
| – | -$51K | -3,250 | Closed |
|
|
1WA
54
180 Wealth Advisors
Federal Way,
Washington
| – | -$49K | -2,750 | Closed |
|
|
CAN
55
Cetera Advisor Networks
El Segundo,
California
| – | -$21K | -1,339 | Closed |
|
56
US Bancorp
Minneapolis,
Minnesota
| – | -$10K | -625 | Closed |
|
|
THWM
57
Taylor Hoffman Wealth Management
Richmond,
Virginia
| – | -$1K | -92 | Closed |
|
NCZ Hedge Fund Activity: Q3 2020 in Review
49 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund II (NCZ) for Q3 2020, worth a combined $64.4M — up 8.2% from $59.5M a quarter earlier.
Fund positioning in NCZ was balanced in Q3 2020: 7 funds opened new positions, 7 closed out, 13 added to existing stakes and 15 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $1.5M. The largest seller was Guggenheim Capital, cutting an estimated $1.04M.
- 49 institutional investors held Virtus Convertible & Income Fund II (NCZ) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $64.4M of Virtus Convertible & Income Fund II stock for Q3 2020, up 8.2% quarter-over-quarter.
- 7 funds opened new Virtus Convertible & Income Fund II positions in Q3 2020 and 7 closed out, a net change of 0 holders.
- The largest Virtus Convertible & Income Fund II buyer in Q3 2020 was Royal Bank of Canada, an estimated $1.5M added.
- The largest Virtus Convertible & Income Fund II seller in Q3 2020 was Guggenheim Capital, an estimated $1.04M sold.
Based on aggregated 13F filings for Q3 2020.