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NFJ

Virtus Dividend, Interest & Premium Strategy Fund
NFJ

72 hedge funds and large institutions have $235M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

4% more funds holding

Funds holding: 69 → 72 (+3)

0.06% more ownership

Funds ownership: 16.35% → 16.41% (+0.06%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

7% less capital invested

Capital invested by funds: $252M → $235M (-$16.9M)

16% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 25

Holders
72
Holders Change
+3
Holders Change %
+4.35%
% of All Funds
1.94%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
14
Increased
21
Reduced
25
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SFS
Shaker Financial Services
Virginia
+$2.85M
2
Bank of America
Bank of America
North Carolina
+$2.58M
3
CRC
Curi RMB Capital
Illinois
+$2.15M
4
PPA
Parametric Portfolio Associates
Washington
+$1.69M
5
DA
Doliver Advisors
Texas
+$1.48M

Top Sellers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
-$2.74M
2
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
-$1.96M
3
GC
Guggenheim Capital
Illinois
-$1.73M
4
Morgan Stanley
Morgan Stanley
New York
-$1.72M
5
PA
Pinnacle Associates
New York
-$1.48M
Name Holding Trade Value Shares
Change 		Change in
Stake
DADC
26
D.A. Davidson & Co
Montana
$863K +$29.2K +1,823 +3%
SI
27
Stephens Inc
Arkansas
$815K -$87.5K -5,473 -9%
LCM
28
Landscape Capital Management
New Jersey
$607K +$642K +40,167 New
CP
29
Camelot Portfolios
Ohio
$604K +$86.2K +5,389 +16%
Ameriprise
30
Ameriprise
Minnesota
$596K +$58K +3,623 +10%
OC
31
Oppenheimer & Co
New York
$550K +$54.4K +3,398 +10%
AIG
32
American International Group
New York
$517K +$90.2K +5,638 +20%
RJA
33
Raymond James & Associates
Florida
$425K -$40.5K -2,529 -8%
LTFS
34
Ladenburg Thalmann Financial Services
Florida
$404K +$133K +8,301 +45%
OFG
35
OTA Financial Group
New York
$399K +$399K +24,948 New
RJFSA
36
Raymond James Financial Services Advisors
Florida
$385K -$175K -10,969 -30%
SPC
37
Sigma Planning Corp
Michigan
$357K +$144 +9 +0%
ACM
38
Alethea Capital Management
Washington
$331K – – –
RVPG
39
Relative Value Partners Group
$295K +$313K +19,540 New
Creative Planning
40
Creative Planning
Kansas
$281K +$163K +10,163 +121%
BFEC
41
Benjamin F. Edwards & Company
Missouri
$269K -$4.91K -307 -2%
HCM
42
Hollencrest Capital Management
California
$254K – – –
DIA
43
Dana Investment Advisors
Wisconsin
$251K -$9.58K -599 -3%
FAAS
44
First Allied Advisory Services
California
$249K -$960 -60 -0.4%
SWP
45
Stratos Wealth Partners
Ohio
$204K -$3.1K -194 -1%
US Bancorp
46
US Bancorp
Minnesota
$199K +$28.8K +1,800 +16%
WS
47
Wedbush Securities
California
$192K -$41.6K -2,600 -17%
PAG
48
Private Advisor Group
New Jersey
$186K -$800 -50 -0.4%
CCMW
49
Cypress Capital Management (Wyoming)
Wyoming
$181K – – –
TWA
50
TCI Wealth Advisors
Arizona
$181K -$2.5K -156 -1%
1
2
3 4

NFJ Hedge Fund Activity: Q2 2015 in Review

72 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q2 2015, worth a combined $235M — down 6.7% from $252M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new NFJ positions and 9 closed out — a net gain of 5 holders — while 21 added to existing stakes and 25 trimmed.

The largest buyer was Shaker Financial Services, adding an estimated $2.85M. The largest seller was LPL Financial, cutting an estimated $2.74M.

  • 72 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q2 2015, up from 69 in Q1 2015.
  • Funds reported $235M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q2 2015, down 6.7% quarter-over-quarter.
  • 14 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q2 2015 and 9 closed out, a net change of +5 holders.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q2 2015 was Shaker Financial Services, an estimated $2.85M added.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q2 2015 was LPL Financial, an estimated $2.74M sold.

Based on aggregated 13F filings for Q2 2015.