Virtus Dividend, Interest & Premium Strategy Fund
NFJ
78 hedge funds and large institutions have $204M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 27 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
8% more funds holding
Funds holding: 72 → 78 (+6)
0.32% more ownership
Funds ownership: 16.41% → 16.73% (+0.32%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less capital invested
Capital invested by funds: $235M → $204M (-$31.7M)
19% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$3.92M |
| 2 |
Morgan Stanley
New York
|
+$3.47M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.35M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.28M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$7.81M |
| 2 |
LPL Financial
San Diego,
California
|
-$5.29M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.44M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.05M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$919K |
NFJ Hedge Fund Activity: Q3 2015 in Review
78 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q3 2015, worth a combined $204M — down 13% from $235M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NFJ positions and 7 closed out — a net gain of 7 holders — while 22 added to existing stakes and 27 trimmed.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $3.92M. The largest seller was Bank of America, cutting an estimated $7.81M.
- 78 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q3 2015, up from 72 in Q2 2015.
- Funds reported $204M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q3 2015, down 13% quarter-over-quarter.
- 14 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q3 2015 and 7 closed out, a net change of +7 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q3 2015 was Bank of Nova Scotia, an estimated $3.92M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q3 2015 was Bank of America, an estimated $7.81M sold.
Based on aggregated 13F filings for Q3 2015.