Virtus Dividend, Interest & Premium Strategy Fund
NFJ
95 hedge funds and large institutions have $232M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 31 increasing their positions, 17 reducing their positions, and 10 closing their positions.
180% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 10
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
82% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 17
22% more funds holding
Funds holding: 78 → 95 (+17)
14% more capital invested
Capital invested by funds: $204M → $232M (+$28.2M)
2.68% more ownership
Funds ownership: 16.73% → 19.42% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$6.37M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.15M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.11M |
| 4 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$3.03M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.48M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.2M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$825K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$454K |
NFJ Hedge Fund Activity: Q4 2015 in Review
95 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q4 2015, worth a combined $232M — up 14% from $204M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NFJ positions and 10 closed out — a net gain of 18 holders — while 31 added to existing stakes and 17 trimmed.
The largest buyer was Landscape Capital Management, adding an estimated $6.37M. The largest seller was Wells Fargo, cutting an estimated $1.5M.
- 95 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q4 2015, up from 78 in Q3 2015.
- Funds reported $232M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q4 2015, up 14% quarter-over-quarter.
- 28 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q4 2015 and 10 closed out, a net change of +18 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q4 2015 was Landscape Capital Management, an estimated $6.37M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q4 2015 was Wells Fargo, an estimated $1.5M sold.
Based on aggregated 13F filings for Q4 2015.