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NFJ

Virtus Dividend, Interest & Premium Strategy Fund
NFJ

60 hedge funds and large institutions have $279M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 15

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

8% more capital invested

Capital invested by funds: $258M → $279M (+$20.7M)

2% more funds holding

Funds holding: 59 → 60 (+1)

0.84% more ownership

Funds ownership: 14.86% → 15.7% (+0.84%)

Holders
60
Holders Change
+1
Holders Change %
+1.69%
% of All Funds
1.72%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
24
Reduced
15
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
U
UBS
Switzerland
+$9.57M
2
Bank of America
Bank of America
North Carolina
+$6.74M
3
GC
Guggenheim Capital
Illinois
+$2.77M
4
PA
Pinnacle Associates
New York
+$2.31M
5
IMS
Index Management Solutions
Pennsylvania
+$1.3M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$6M
2
Wells Fargo
Wells Fargo
California
-$1.83M
3
CIA
Capital Investment Advisors
Georgia
-$1.34M
4
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
-$636K
5
PAG
Private Advisor Group
New Jersey
-$336K
Name Holding Trade Value Shares
Change 		Change in
Stake
OIA
51
Optimum Investment Advisors
Illinois
$19K +$18.5K +1,000 New
First Manhattan
52
First Manhattan
New York
$18K – – –
HI
53
Hudock Inc
Pennsylvania
$17K – – –
Fifth Third Bancorp
54
Fifth Third Bancorp
Ohio
$16K +$15.8K +855 New
NFG
55
Next Financial Group
Texas
$13K +$12.9K +700 New
SNT
56
Security National Trust
West Virginia
$11K – – –
TFA
57
Transamerica Financial Advisors
Florida
$8K +$7.39K +400 New
MIM
58
Macroview Investment Management
Maryland
$4K -$5.55K -300 -60%
BBPWM
59
Blue Bell Private Wealth Management
Pennsylvania
$1K – – –
CIA
60
Capital Investment Advisors
Georgia
– -$1.34M -72,901 Closed
PAG
61
Private Advisor Group
New Jersey
– -$336K -18,268 Closed
Goldman Sachs
62
Goldman Sachs
New York
– -$203K -11,033 Closed
Envestnet Asset Management
63
Envestnet Asset Management
Illinois
– -$58K -3,150 Closed
MA
64
MUFG Americas
New York
– -$51K -2,786 Closed
TRCT
65
Tower Research Capital (TRC)
New York
– -$7K -406 Closed
GI
66
Gradient Investments
Minnesota
– -$2K -125 Closed
MAA
67
Managed Account Advisors
New Jersey
– +$333 +18 New
1 2
3

NFJ Hedge Fund Activity: Q2 2014 in Review

60 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q2 2014, worth a combined $279M — up 8% from $258M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new NFJ positions and 7 closed out — a net gain of 1 holder — while 24 added to existing stakes and 15 trimmed.

The largest buyer was UBS, adding an estimated $9.57M. The largest seller was Morgan Stanley, cutting an estimated $6M.

  • 60 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q2 2014, up from 59 in Q1 2014.
  • Funds reported $279M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q2 2014, up 8% quarter-over-quarter.
  • 8 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q2 2014 and 7 closed out, a net change of +1 holder.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q2 2014 was UBS, an estimated $9.57M added.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q2 2014 was Morgan Stanley, an estimated $6M sold.

Based on aggregated 13F filings for Q2 2014.