Virtus Dividend, Interest & Premium Strategy Fund
63 hedge funds and large institutions have $239M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2013 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
9% more funds holding
Funds holding: 58 → 63 (+5)
6% more capital invested
Capital invested by funds: $226M → $239M (+$13.3M)
0.11% more ownership
Funds ownership: 14.16% → 14.28% (+0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.24M |
| 2 |
SG Americas Securities
New York
|
+$2.06M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1.86M |
| 4 |
LPL Financial
San Diego,
California
|
+$879K |
| 5 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$705K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.78M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.14M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$914K |
| 4 |
Cohen & Steers
New York
|
-$486K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$473K |
NFJ Hedge Fund Activity: Q4 2013 in Review
63 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q4 2013, worth a combined $239M — up 5.9% from $226M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NFJ positions and 6 closed out — a net gain of 6 holders — while 25 added to existing stakes and 18 trimmed.
The largest buyer was Bank of America, adding an estimated $4.24M. The largest seller was Advisors Asset Management, cutting an estimated $1.78M.
- 63 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q4 2013, up from 58 in Q3 2013.
- Funds reported $239M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q4 2013, up 5.9% quarter-over-quarter.
- 12 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q4 2013 and 6 closed out, a net change of +6 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q4 2013 was Bank of America, an estimated $4.24M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q4 2013 was Advisors Asset Management, an estimated $1.78M sold.
Based on aggregated 13F filings for Q4 2013.