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NFJ

Virtus Dividend, Interest & Premium Strategy Fund
NFJ

72 hedge funds and large institutions have $235M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

4% more funds holding

Funds holding: 69 → 72 (+3)

0.06% more ownership

Funds ownership: 16.35% → 16.41% (+0.06%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

7% less capital invested

Capital invested by funds: $252M → $235M (-$16.9M)

16% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 25

Holders
72
Holders Change
+3
Holders Change %
+4.35%
% of All Funds
1.94%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
14
Increased
21
Reduced
25
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SFS
Shaker Financial Services
Virginia
+$2.85M
2
Bank of America
Bank of America
North Carolina
+$2.58M
3
CRC
Curi RMB Capital
Illinois
+$2.15M
4
PPA
Parametric Portfolio Associates
Washington
+$1.69M
5
DA
Doliver Advisors
Texas
+$1.48M

Top Sellers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
-$2.74M
2
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
-$1.96M
3
GC
Guggenheim Capital
Illinois
-$1.73M
4
Morgan Stanley
Morgan Stanley
New York
-$1.72M
5
PA
Pinnacle Associates
New York
-$1.48M
Name Holding Trade Value Shares
Change 		Change in
Stake
MCM
51
Maple Capital Management
Vermont
$174K -$1.44K -90 -0.8%
Deutsche Bank
52
Deutsche Bank
Germany
$164K -$128K -8,000 -42%
Baird Financial Group
53
Baird Financial Group
Wisconsin
$154K +$163K +10,216 New
WRM
54
Westport Resources Management
Connecticut
$111K +$102K +6,372 +637%
Citigroup
55
Citigroup
New York
$86K -$13.2K -826 -13%
PNC Financial Services Group
56
PNC Financial Services Group
Pennsylvania
$85K -$20.2K -1,263 -18%
Bank of Montreal
57
Bank of Montreal
Ontario, Canada
$60K +$48K +3,000 +300%
CFA
58
Carroll Financial Associates
North Carolina
$31K +$33.1K +2,069 New
ACS
59
Archford Capital Strategies
Illinois
$28K – – –
PSC
60
Prentiss Smith & Co
Vermont
$23K +$24K +1,500 New
KA
61
Klingman & Associates
New York
$21K – – –
DBT
62
Dubuque Bank & Trust
Iowa
$20K +$21.6K +1,352 New
SGC
63
South Georgia Capital
Illinois
$17K – – –
CPIG
64
Chicago Partners Investment Group
Illinois
$15K -$320 -20 -2%
WA
65
WFG Advisors
Texas
$15K – – –
WT
66
Whittier Trust
California
$12K +$13.2K +825 New
SNT
67
Security National Trust
West Virginia
$9K – – –
AA
68
Apriem Advisors
California
$4K +$4K +250 New
TF
69
Tompkins Financial
New York
$3K +$3.49K +218 New
RWM
70
Rezny Wealth Management
Florida
$3K +$4.22K +264 New
BBPWM
71
Blue Bell Private Wealth Management
Pennsylvania
$1K – – –
NFG
72
Next Financial Group
Texas
$1K – – –
PA
73
Pinnacle Associates
New York
– -$1.48M -90,514 Closed
Janney Montgomery Scott
74
Janney Montgomery Scott
Pennsylvania
– -$811K -49,691 Closed
HighTower Advisors
75
HighTower Advisors
Illinois
– -$476K -29,176 Closed
1 2
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NFJ Hedge Fund Activity: Q2 2015 in Review

72 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q2 2015, worth a combined $235M — down 6.7% from $252M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new NFJ positions and 9 closed out — a net gain of 5 holders — while 21 added to existing stakes and 25 trimmed.

The largest buyer was Shaker Financial Services, adding an estimated $2.85M. The largest seller was LPL Financial, cutting an estimated $2.74M.

  • 72 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q2 2015, up from 69 in Q1 2015.
  • Funds reported $235M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q2 2015, down 6.7% quarter-over-quarter.
  • 14 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q2 2015 and 9 closed out, a net change of +5 holders.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q2 2015 was Shaker Financial Services, an estimated $2.85M added.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q2 2015 was LPL Financial, an estimated $2.74M sold.

Based on aggregated 13F filings for Q2 2015.