Virtus Convertible & Income Fund II
NCZ
74 hedge funds and large institutions have $73.8M invested in Virtus Convertible & Income Fund II in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 27 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
6% more funds holding
Funds holding: 70 → 74 (+4)
0.08% less ownership
Funds ownership: 8.38% → 8.3% (-0.08%)
3% less capital invested
Capital invested by funds: $76.2M → $73.8M (-$2.45M)
22% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.93M |
| 2 |
Morgan Stanley
New York
|
+$620K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$286K |
| 4 |
CL
Choreo LLC
Rockford,
Illinois
|
+$207K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$103K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$700K |
| 2 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
-$370K |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$351K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$343K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$279K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Cerity Partners
New York
| – | -$250K | -20,912 | Closed |
|
77
Two Sigma Investments
New York
| – | -$221K | -18,445 | Closed |
|
|
WAM
78
Wolverine Asset Management
Chicago,
Illinois
| – | -$156K | -13,020 | Closed |
|
79
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$74.2K | -6,204 | Closed |
|
80
Verition Fund Management
Greenwich,
Connecticut
| – | -$50.8K | -4,250 | Closed |
|
|
KA
81
Kozak & Associates
Highlands Ranch,
Colorado
| – | -$259 | -23 | Closed |
|
82
Fidelity Investments
Boston,
Massachusetts
| – | -$3 | – | – |
|
NCZ Hedge Fund Activity: Q2 2024 in Review
74 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund II (NCZ) for Q2 2024, worth a combined $73.8M — down 3.2% from $76.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NCZ positions and 6 closed out — a net gain of 5 holders — while 21 added to existing stakes and 27 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.93M. The largest seller was Shaker Financial Services, cutting an estimated $700K.
- 74 institutional investors held Virtus Convertible & Income Fund II (NCZ) as of Q2 2024, up from 70 in Q1 2024.
- Funds reported $73.8M of Virtus Convertible & Income Fund II stock for Q2 2024, down 3.2% quarter-over-quarter.
- 11 funds opened new Virtus Convertible & Income Fund II positions in Q2 2024 and 6 closed out, a net change of +5 holders.
- The largest Virtus Convertible & Income Fund II buyer in Q2 2024 was Advisors Asset Management, an estimated $1.93M added.
- The largest Virtus Convertible & Income Fund II seller in Q2 2024 was Shaker Financial Services, an estimated $700K sold.
Based on aggregated 13F filings for Q2 2024.