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NFJ

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.

New
Increased
Maintained
Reduced
Closed

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%)

Holders
95
Holders Change
+17
Holders Change %
+21.79%
% of All Funds
2.49%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
28
Increased
31
Reduced
17
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LCM
Landscape Capital Management
New Jersey
+$6.37M
2
CRC
Curi RMB Capital
Illinois
+$3.15M
3
Bank of America
Bank of America
North Carolina
+$3.11M
4
NCM
Newgate Capital Management
Connecticut
+$3.03M
5
SFS
Shaker Financial Services
Virginia
+$1.77M

Top Sellers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
-$1.5M
2
UBS Group
UBS Group
Switzerland
-$1.48M
3
GC
Guggenheim Capital
Illinois
-$1.2M
4
CCP
Clough Capital Partners
Massachusetts
-$825K
5
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
-$454K
Name Holding Trade Value Shares
Change 		Change in
Stake
PNC Financial Services Group
76
PNC Financial Services Group
Pennsylvania
$55K -$13.9K -1,100 -20%
BA
77
BlackRock Advisors
Delaware
$55K +$55.8K +4,400 New
AWM
78
Arbor Wealth Management
Florida
$54K +$63.4K +5,000 New
AIA
79
Allegis Investment Advisors
Idaho
$45K +$46.3K +3,650 New
EDRH
80
Edmond de Rothschild Holding
Switzerland
$37K – – –
EDRS
81
Edmond de Rothschild (Suisse)
Switzerland
$37K – – –
IWMPD
82
Integrated Wealth Management (Palm Desert)
California
$31K +$31.9K +2,515 New
GXMC
83
Global X Management Company
New York
$30K +$9.92K +783 +48%
CFA
84
Carroll Financial Associates
North Carolina
$25K – – –
ACS
85
Archford Capital Strategies
Illinois
$23K -$4.46K -352 -19%
PSC
86
Prentiss Smith & Co
Vermont
$19K – – –
DBT
87
Dubuque Bank & Trust
Iowa
$17K – – –
KA
88
Klingman & Associates
New York
$17K +$17.7K +1,400 New
Bank of Montreal
89
Bank of Montreal
Ontario, Canada
$12K – – –
CPIG
90
Chicago Partners Investment Group
Illinois
$12K – – –
WA
91
WFG Advisors
Texas
$12K – – –
GFM
92
Gramercy Funds Management
Connecticut
$10K +$10.1K +800 New
AFP
93
Ausdal Financial Partners
Iowa
$10K +$10.2K +807 New
WAS
94
WESPAC Advisors SoCal
California
$9K +$10.1K +800 New
SNT
95
Security National Trust
West Virginia
$7K – – –
NFG
96
Next Financial Group
Texas
$1K – – –
HCM
97
Hollencrest Capital Management
California
– -$215K -16,800 Closed
WS
98
Wedbush Securities
California
– -$162K -12,700 Closed
FAAS
99
First Allied Advisory Services
California
– -$159K -12,439 Closed
WRM
100
Westport Resources Management
Connecticut
– -$87K -6,775 Closed
1 2 3
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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.