Virtus Dividend, Interest & Premium Strategy Fund
NFJ
82 hedge funds and large institutions have $251M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2014 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 5 closing their positions.
480% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 5
37% more funds holding
Funds holding: 60 → 82 (+22)
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
0.5% less ownership
Funds ownership: 17.07% → 16.57% (-0.5%)
15% less capital invested
Capital invested by funds: $295M → $251M (-$44.2M)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VNA
76
Valley National Advisers
Bethlehem,
Pennsylvania
| $10K | +$9.51K | +554 | New |
|
|
ASN
77
Advisory Services Network
Atlanta,
Georgia
| $7K | +$7.55K | +440 | New |
|
|
NFG
78
Next Financial Group
Houston,
Texas
| $6K | -$5.15K | -300 | -43% |
|
|
BIM
79
BlackRock Investment Management
Wilmington,
Delaware
| $4K | +$4.63K | +270 | New |
|
|
RMAM
80
Raab & Moskowitz Asset Management
Chatham,
New Jersey
| $2K | +$2.68K | +156 | New |
|
|
BRWA
81
B. Riley Wealth Advisors
Boca Raton,
Florida
| $113 | +$122K | +7,090 | New |
|
|
VCAM
82
Valentine Capital Asset Management
Danville,
California
| – | -$529K | -28,950 | Closed |
|
|
AWM
83
Altavista Wealth Management
Asheville,
North Carolina
| – | -$242K | -13,220 | Closed |
|
84
First Manhattan
New York
| – | -$18K | -1,000 | Closed |
|
|
TSW
85
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$9K | -500 | Closed |
|
86
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$7K | -357 | Closed |
|
NFJ Hedge Fund Activity: Q4 2014 in Review
82 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q4 2014, worth a combined $251M — down 15% from $295M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NFJ positions and 5 closed out — a net gain of 24 holders — while 22 added to existing stakes and 19 trimmed.
The largest buyer was Mariner Investment Group, opening a new position worth an estimated $3.27M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $10.8M.
- 82 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q4 2014, up from 60 in Q3 2014.
- Funds reported $251M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q4 2014, down 15% quarter-over-quarter.
- 29 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q4 2014 and 5 closed out, a net change of +24 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q4 2014 was Mariner Investment Group, an estimated $3.27M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q4 2014 was Cambridge Investment Research Advisors, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2014.