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NFJ

Virtus Dividend, Interest & Premium Strategy Fund
NFJ

106 hedge funds and large institutions have $316M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 39 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more capital invested

Capital invested by funds: $271M → $316M (+$45M)

0.08% more ownership

Funds ownership: 29.72% → 29.8% (+0.08%)

5% less funds holding

Funds holding: 112 → 106 (-6)

13% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 39

38% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 16

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
106
Holders Change
-6
Holders Change %
-5.36%
% of All Funds
2.17%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
10
Increased
34
Reduced
39
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$6.96M
2
Wells Fargo
Wells Fargo
California
+$3.76M
3
SIA
Sit Investment Associates
Minnesota
+$2.7M
4
AAM
Advisors Asset Management
Colorado
+$1.84M
5
PPA
Parametric Portfolio Associates
Washington
+$1.19M

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$6.14M
2
GC
Guggenheim Capital
Illinois
-$2.4M
3
RVPG
Relative Value Partners Group
-$2.21M
4
KIM
Karpus Investment Management
New York
-$1.81M
5
SFS
Shaker Financial Services
Virginia
-$1.53M
Name Holding Trade Value Shares
Change 		Change in
Stake
SPIA
76
Steward Partners Investment Advisory
New York
$122K – – –
SPC
77
Sigma Planning Corp
Michigan
$121K -$15.4K -1,437 -12%
Northwestern Mutual Wealth Management
78
Northwestern Mutual Wealth Management
Wisconsin
$114K +$429 +40 +0.4%
EP
79
Eudaimonia Partners
Tennessee
$88K -$27.5K -2,566 -25%
TH
80
TCTC Holdings
Texas
$56K +$53.6K +5,000 New
EAM
81
Eukles Asset Management
Ohio
$50K +$48.8K +4,553 New
NSIM
82
North Star Investment Management
Illinois
$44K – – –
US Bancorp
83
US Bancorp
Minnesota
$37K -$61.5K -5,739 -63%
IFAM
84
Institutional & Family Asset Management
Colorado
$34K – – –
GWMIA
85
Global Wealth Management Investment Advisory
Florida
$25K +$354 +33 +2%
AIM
86
Arcadia Investment Management
Michigan
$20K – – –
KPCM
87
Kings Point Capital Management
New York
$20K – – –
BWL
88
Bogart Wealth LLC
Virginia
$18K – – –
RBC
89
Roble Belko & Company
Pennsylvania
$14K – – –
EIP
90
Ellis Investment Partners
Pennsylvania
$14K +$268 +25 +2%
TFGT
91
TS Financial Group (TSFG)
Illinois
$11K – – –
RCA
92
Ranch Capital Advisors
Florida
$9K – – –
SFS
93
Sowell Financial Services
Arkansas
$8K -$236 -22 -3%
AF
94
Advisornet Financial
Minnesota
$8K – – –
WLPWM
95
Walled Lake Planning & Wealth Management
Illinois
$8K +$150 +14 +2%
AIM
96
Anchor Investment Management
South Carolina
$6.71K +$6.43K +600 New
CCA
97
Column Capital Advisors
Indiana
$6K +$6.03K +562 New
Carson Wealth (CWM LLC)
98
Carson Wealth (CWM LLC)
Nebraska
$5K – – –
GI
99
Gradient Investments
Minnesota
$4K – – –
PA
100
Procyon Advisors
Connecticut
$4K – – –
1 2 3
4
5

NFJ Hedge Fund Activity: Q2 2020 in Review

106 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q2 2020, worth a combined $316M — up 17% from $271M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of NFJ and 10 opened new positions — a net loss of 6 holders — while 39 trimmed existing stakes and 34 added.

The largest buyer was Morgan Stanley, adding an estimated $6.96M. The largest seller was Rivernorth Capital Management, cutting an estimated $6.14M.

  • 106 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q2 2020, down from 112 in Q1 2020.
  • Funds reported $316M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q2 2020, up 17% quarter-over-quarter.
  • 10 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q2 2020 and 16 closed out, a net change of -6 holders.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q2 2020 was Morgan Stanley, an estimated $6.96M added.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q2 2020 was Rivernorth Capital Management, an estimated $6.14M sold.

Based on aggregated 13F filings for Q2 2020.