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NFJ

Virtus Dividend, Interest & Premium Strategy Fund
NFJ

86 hedge funds and large institutions have $227M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 26 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 26

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.59% less ownership

Funds ownership: 19.98% → 19.39% (-0.59%)

2% less capital invested

Capital invested by funds: $232M → $227M (-$5.48M)

8% less funds holding

Funds holding: 93 → 86 (-7)

32% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 19

Holders
86
Holders Change
-7
Holders Change %
-7.53%
% of All Funds
2.29%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
13
Increased
30
Reduced
26
Closed
19
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$6.39M
2
SFS
Shaker Financial Services
Virginia
+$2.51M
3
Bank of America
Bank of America
North Carolina
+$2.12M
4
1832 Asset Management
1832 Asset Management
Ontario, Canada
+$1.85M
5
Invesco
Invesco
Georgia
+$1.34M

Top Sellers

Rank Fund Capital Flow
1
PPA
Parametric Portfolio Associates
Washington
-$9.13M
2
RCM
Rivernorth Capital Management
Florida
-$3.13M
3
CA
Cornerstone Advisors
North Carolina
-$2.45M
4
MC
Matisse Capital
Oregon
-$2.44M
5
WAM
Wolverine Asset Management
Illinois
-$1.76M
Name Holding Trade Value Shares
Change 		Change in
Stake
MFS
26
MSI Financial Services
Massachusetts
$1.23M +$14.2K +1,154 +1%
First Trust Advisors
27
First Trust Advisors
Illinois
$1.19M -$14.9K -1,210 -1%
BBPWM
28
Blue Bell Private Wealth Management
Pennsylvania
$1.11M -$460K -37,297 -29%
Royal Bank of Canada
29
Royal Bank of Canada
Ontario, Canada
$1.1M +$51K +4,131 +5%
MC
30
Matisse Capital
Oregon
$1.01M -$2.44M -197,502 -71%
AG
31
Advisor Group
Arizona
$993K +$996K +80,665 New
AFWA
32
Ancora Family Wealth Advisors
Ohio
$958K +$93.5K +7,572 +11%
Thrivent Financial for Lutherans
33
Thrivent Financial for Lutherans
Minnesota
$884K – – –
CRC
34
Curi RMB Capital
Illinois
$781K +$782K +63,341 New
TJHA
35
Thomas J. Herzfeld Advisors
Florida
$774K -$7.41K -600 -0.9%
DADC
36
D.A. Davidson & Co
Montana
$770K +$18K +1,461 +2%
SI
37
Stephens Inc
Arkansas
$617K +$889 +72 +0.1%
CIA
38
Capital Investment Advisors
Georgia
$532K -$52.6K -4,264 -9%
Cambridge Investment Research Advisors
39
Cambridge Investment Research Advisors
Iowa
$532K +$296K +23,975 +125%
CP
40
Camelot Portfolios
Ohio
$513K +$13K +1,057 +3%
SKK
41
Shepherd Kaplan Krochuk
Massachusetts
$473K +$118K +9,590 +33%
ST
42
Sentinel Trust
Texas
$454K -$436K -35,362 -49%
Commonwealth Equity Services
43
Commonwealth Equity Services
Massachusetts
$398K -$210K -17,048 -35%
Ameriprise
44
Ameriprise
Minnesota
$347K +$65.4K +5,297 +23%
CCP
45
Clough Capital Partners
Massachusetts
$329K – – –
ACM
46
Alethea Capital Management
Washington
$281K – – –
KF
47
Krilogy Financial
Missouri
$274K -$12.7K -1,025 -4%
HighTower Advisors
48
HighTower Advisors
Illinois
$267K -$72.6K -5,883 -21%
Northwestern Mutual Wealth Management
49
Northwestern Mutual Wealth Management
Wisconsin
$255K +$7.37K +597 +3%
DA
50
Doliver Advisors
Texas
$251K +$251K +20,347 New
1
2
3 4 5

NFJ Hedge Fund Activity: Q2 2016 in Review

86 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q2 2016, worth a combined $227M — down 2.4% from $232M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of NFJ and 13 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 30 added.

The largest buyer was Morgan Stanley, adding an estimated $6.39M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $9.13M sold.

  • 86 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q2 2016, down from 93 in Q1 2016.
  • Funds reported $227M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q2 2016, down 2.4% quarter-over-quarter.
  • 13 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q2 2016 and 19 closed out, a net change of -6 holders.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q2 2016 was Morgan Stanley, an estimated $6.39M added.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $9.13M sold.

Based on aggregated 13F filings for Q2 2016.