Virtus Convertible & Income Fund II
NCZ
65 hedge funds and large institutions have $97.4M invested in Virtus Convertible & Income Fund II in 2021 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
0.68% more ownership
Funds ownership: 23.96% → 24.64% (+0.68%)
0% more funds holding
Funds holding: 65 → 65 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
0% less capital invested
Capital invested by funds: $97.8M → $97.4M (-$402K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.52M |
| 2 |
Cohen & Steers
New York
|
+$2.39M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.92M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.84M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.68M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.76M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.25M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$910K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$845K |
NCZ Hedge Fund Activity: Q3 2021 in Review
65 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund II (NCZ) for Q3 2021, worth a combined $97.4M — down 0.41% from $97.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NCZ positions and 7 closed out — a net gain of 2 holders — while 22 added to existing stakes and 22 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $3.52M. The largest seller was Saba Capital Management, cutting an estimated $4.68M.
- 65 institutional investors held Virtus Convertible & Income Fund II (NCZ) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $97.4M of Virtus Convertible & Income Fund II stock for Q3 2021, down 0.41% quarter-over-quarter.
- 9 funds opened new Virtus Convertible & Income Fund II positions in Q3 2021 and 7 closed out, a net change of +2 holders.
- The largest Virtus Convertible & Income Fund II buyer in Q3 2021 was Sit Investment Associates, an estimated $3.52M added.
- The largest Virtus Convertible & Income Fund II seller in Q3 2021 was Saba Capital Management, an estimated $4.68M sold.
Based on aggregated 13F filings for Q3 2021.