Virtus Convertible & Income Fund II
NCZ
83 hedge funds and large institutions have $81M invested in Virtus Convertible & Income Fund II in 2024 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
27% more capital inflows, than outflows
Capital inflows: $11.6M | Capital outflows: $9.14M
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
12% more funds holding
Funds holding: 74 → 83 (+9)
1.02% more ownership
Funds ownership: 33.19% → 34.2% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.96M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.95M |
| 3 |
Congress Park Capital
Saratoga Springs,
New York
|
+$1.5M |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
+$895K |
| 5 |
Advisors Asset Management
Monument,
Colorado
|
+$654K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Heron Bay Capital Management
Bloomfield Hills,
Michigan
|
-$5.56M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$1.03M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.01M |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$734K |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$219K |
NCZ Hedge Fund Activity: Q3 2024 in Review
83 of the 6,986 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund II (NCZ) for Q3 2024, worth a combined $81M — up 9.7% from $73.8M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NCZ positions and 8 closed out — a net gain of 9 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.96M. The largest seller was Heron Bay Capital Management, exiting entirely with an estimated $5.56M sold.
- 83 institutional investors held Virtus Convertible & Income Fund II (NCZ) as of Q3 2024, up from 74 in Q2 2024.
- Funds reported $81M of Virtus Convertible & Income Fund II stock for Q3 2024, up 9.7% quarter-over-quarter.
- 17 funds opened new Virtus Convertible & Income Fund II positions in Q3 2024 and 8 closed out, a net change of +9 holders.
- The largest Virtus Convertible & Income Fund II buyer in Q3 2024 was Morgan Stanley, an estimated $3.96M added.
- The largest Virtus Convertible & Income Fund II seller in Q3 2024 was Heron Bay Capital Management, an estimated $5.56M sold.
Based on aggregated 13F filings for Q3 2024.