Virtus Convertible & Income Fund II
NCZ
61 hedge funds and large institutions have $85.8M invested in Virtus Convertible & Income Fund II in 2025 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 7 closing their positions.
148% more capital inflows, than outflows
Capital inflows: $12.1M | Capital outflows: $4.87M
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
11% more funds holding
Funds holding: 55 → 61 (+6)
3.17% more ownership
Funds ownership: 31.94% → 35.11% (+3.2%)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Congress Park Capital
Saratoga Springs,
New York
|
+$6.56M |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
+$1.08M |
| 3 |
Advisors Asset Management
Monument,
Colorado
|
+$1.08M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$707K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$558K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gridiron Partners
Wexford,
Pennsylvania
|
-$1.56M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.22M |
| 3 |
Morgan Stanley
New York
|
-$669K |
| 4 |
Wolverine Asset Management
Chicago,
Illinois
|
-$346K |
| 5 |
Shaker Financial Services
Arlington,
Virginia
|
-$252K |
NCZ Hedge Fund Activity: Q2 2025 in Review
61 of the 7,625 institutional investors tracked by Wall St. Rank reported a position in Virtus Convertible & Income Fund II (NCZ) for Q2 2025, worth a combined $85.8M — up 22% from $70.3M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NCZ positions and 7 closed out — a net gain of 6 holders — while 15 added to existing stakes and 18 trimmed.
The largest buyer was Congress Park Capital, opening a new position worth an estimated $6.56M. The largest seller was Gridiron Partners, exiting entirely with an estimated $1.56M sold.
- 61 institutional investors held Virtus Convertible & Income Fund II (NCZ) as of Q2 2025, up from 55 in Q1 2025.
- Funds reported $85.8M of Virtus Convertible & Income Fund II stock for Q2 2025, up 22% quarter-over-quarter.
- 13 funds opened new Virtus Convertible & Income Fund II positions in Q2 2025 and 7 closed out, a net change of +6 holders.
- The largest Virtus Convertible & Income Fund II buyer in Q2 2025 was Congress Park Capital, an estimated $6.56M added.
- The largest Virtus Convertible & Income Fund II seller in Q2 2025 was Gridiron Partners, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2025.