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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.85M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.58M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.15M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.69M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.74M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.96M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.73M |
| 4 |
Morgan Stanley
New York
|
-$1.72M |
| 5 |
PA
Pinnacle Associates
New York
|
-$1.48M |
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.