Virtus Convertible & Income Fund II
NCZ
68 hedge funds and large institutions have $103M invested in Virtus Convertible & Income Fund II in 2021 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 15 reducing their positions, and 12 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 15
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
6% more capital invested
Capital invested by funds: $97.4M → $103M (+$5.86M)
5% more funds holding
Funds holding: 65 → 68 (+3)
0.48% more ownership
Funds ownership: 6.16% → 6.64% (+0.48%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.53M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.04M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.93M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$1.79M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
-$2.18M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.02M |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.05M |
| 4 |
CPC
Congress Park Capital
Saratoga Springs,
New York
|
-$898K |
| 5 |
SW
SVB Wealth
Boston,
Massachusetts
|
-$658K |
NCZ Hedge Fund Activity: Q4 2021 in Review
68 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund II (NCZ) for Q4 2021, worth a combined $103M — up 6% from $97.4M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NCZ positions and 12 closed out — a net gain of 5 holders — while 27 added to existing stakes and 15 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.53M. The largest seller was Bramshill Investments, exiting entirely with an estimated $2.18M sold.
- 68 institutional investors held Virtus Convertible & Income Fund II (NCZ) as of Q4 2021, up from 65 in Q3 2021.
- Funds reported $103M of Virtus Convertible & Income Fund II stock for Q4 2021, up 6% quarter-over-quarter.
- 17 funds opened new Virtus Convertible & Income Fund II positions in Q4 2021 and 12 closed out, a net change of +5 holders.
- The largest Virtus Convertible & Income Fund II buyer in Q4 2021 was Rivernorth Capital Management, an estimated $3.53M added.
- The largest Virtus Convertible & Income Fund II seller in Q4 2021 was Bramshill Investments, an estimated $2.18M sold.
Based on aggregated 13F filings for Q4 2021.