Virtus Dividend, Interest & Premium Strategy Fund
NFJ
69 hedge funds and large institutions have $252M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 22 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
1% more capital invested
Capital invested by funds: $251M → $252M (+$1.62M)
0.22% less ownership
Funds ownership: 16.57% → 16.35% (-0.22%)
16% less funds holding
Funds holding: 82 → 69 (-13)
50% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$9.52M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.9M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.44M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$1.28M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.89M |
| 2 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$3.28M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$3.05M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.84M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.82M |
NFJ Hedge Fund Activity: Q1 2015 in Review
69 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q1 2015, worth a combined $252M — up 0.65% from $251M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NFJ and 11 opened new positions — a net loss of 11 holders — while 18 trimmed existing stakes and 27 added.
The largest buyer was Cornerstone Advisors, adding an estimated $9.52M. The largest seller was Morgan Stanley, cutting an estimated $5.89M.
- 69 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q1 2015, down from 82 in Q4 2014.
- Funds reported $252M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q1 2015, up 0.65% quarter-over-quarter.
- 11 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q1 2015 and 22 closed out, a net change of -11 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q1 2015 was Cornerstone Advisors, an estimated $9.52M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q1 2015 was Morgan Stanley, an estimated $5.89M sold.
Based on aggregated 13F filings for Q1 2015.