Virtus Dividend, Interest & Premium Strategy Fund
NFJ
104 hedge funds and large institutions have $317M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 27 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
26% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 27
3% more funds holding
Funds holding: 101 → 104 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.09% less ownership
Funds ownership: 28.78% → 28.69% (-0.09%)
2% less capital invested
Capital invested by funds: $324M → $317M (-$7.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.75M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.51M |
| 4 |
QPWM
Quadrant Private Wealth Management
Center Valley,
Pennsylvania
|
+$1.2M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$5.52M |
| 2 |
6M
6 Meridian
Wichita,
Kansas
|
-$1.92M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.66M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.11M |
| 5 |
Morgan Stanley
New York
|
-$967K |
NFJ Hedge Fund Activity: Q3 2019 in Review
104 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q3 2019, worth a combined $317M — down 2.3% from $324M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NFJ positions and 11 closed out — a net gain of 3 holders — while 34 added to existing stakes and 27 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $2M. The largest seller was Wells Fargo, cutting an estimated $5.52M.
- 104 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q3 2019, up from 101 in Q2 2019.
- Funds reported $317M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q3 2019, down 2.3% quarter-over-quarter.
- 14 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q3 2019 and 11 closed out, a net change of +3 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q3 2019 was Parametric Portfolio Associates, an estimated $2M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q3 2019 was Wells Fargo, an estimated $5.52M sold.
Based on aggregated 13F filings for Q3 2019.