Virtus Dividend, Interest & Premium Strategy Fund
109 hedge funds and large institutions have $302M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2017 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 6 closing their positions.
433% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 6
31% more funds holding
Funds holding: 83 → 109 (+26)
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
6% more capital invested
Capital invested by funds: $284M → $302M (+$18.1M)
2.04% more ownership
Funds ownership: 22.37% → 24.41% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$5.84M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.09M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.63M |
| 4 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
+$2.39M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.46M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$1.08M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$727K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$551K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$423K |
NFJ Hedge Fund Activity: Q4 2017 in Review
109 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q4 2017, worth a combined $302M — up 6.4% from $284M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new NFJ positions and 6 closed out — a net gain of 26 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $5.84M. The largest seller was Morgan Stanley, cutting an estimated $5.46M.
- 109 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q4 2017, up from 83 in Q3 2017.
- Funds reported $302M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q4 2017, up 6.4% quarter-over-quarter.
- 32 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q4 2017 and 6 closed out, a net change of +26 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q4 2017 was Shaker Financial Services, an estimated $5.84M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q4 2017 was Morgan Stanley, an estimated $5.46M sold.
Based on aggregated 13F filings for Q4 2017.