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NFJ

Virtus Dividend, Interest & Premium Strategy Fund
NFJ

130 hedge funds and large institutions have $524M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 39 increasing their positions, 41 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 17

1% less funds holding

Funds holding: 131 → 130 (-1)

5% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 41

8.85% less ownership

Funds ownership: 52.17% → 43.32% (-8.8%)

16% less capital invested

Capital invested by funds: $623M → $524M (-$99.3M)

Holders
130
Holders Change
-1
Holders Change %
-0.76%
% of All Funds
1.87%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
19
Increased
39
Reduced
41
Closed
17
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PCM
Penserra Capital Management
California
+$12.2M
2
Bank of America
Bank of America
North Carolina
+$3.62M
3
Invesco
Invesco
Georgia
+$2.54M
4
Pathstone Holdings
Pathstone Holdings
New Jersey
+$1.74M
5
SFS
Shaker Financial Services
Virginia
+$1.06M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$113M
2
Allspring Global Investments
Allspring Global Investments
North Carolina
-$2.67M
3
CA
Cornerstone Advisors
North Carolina
-$2.18M
4
SCM
Saba Capital Management
New York
-$2.04M
5
AC
Almitas Capital
California
-$1.19M
Name Holding Trade Value Shares
Change 		Change in
Stake
OAM
76
Occidental Asset Management
California
$196K +$13.7K +1,110 +8%
PAG
77
Private Advisor Group
New Jersey
$194K -$12.3K -990 -6%
RJT
78
Raymond James Trust
Florida
$184K – – –
IAIM
79
International Assets Investment Management
Florida
$182K – – –
WS
80
Wedbush Securities
California
$180K +$26.6K +2,151 +18%
CB
81
Commerce Bank
Missouri
$179K – – –
SPIA
82
Steward Partners Investment Advisory
New York
$177K +$16.1K +1,300 +10%
SWM
83
Sugarloaf Wealth Management
Georgia
$173K -$25.3K -2,043 -13%
AA
84
Argent Advisors
Louisiana
$169K -$4.03K -325 -2%
SC
85
Sapient Capital
Indiana
$166K +$161K +13,000 New
LNWWM
86
Laird Norton Wetherby Wealth Management
California
$166K +$161K +12,996 New
HWMC
87
Heritage Wealth Management (California)
California
$164K +$5.98K +483 +4%
LFAS
88
Level Four Advisory Services
Texas
$159K – – –
Truist Financial
89
Truist Financial
North Carolina
$158K +$153K +12,360 New
SCA
90
Snowden Capital Advisors
New York
$154K – – –
IPAM
91
Investment Partners Asset Management
New Jersey
$154K -$15K -1,210 -9%
DWP
92
Daymark Wealth Partners
Ohio
$153K +$149K +12,000 New
ATPW
93
Ashton Thomas Private Wealth
Arizona
$152K +$3.27K +264 +2%
VCWA
94
Vanguard Capital Wealth Advisors
Colorado
$148K +$3.08K +249 +2%
Ameriprise
95
Ameriprise
Minnesota
$146K +$142K +11,448 New
Northwestern Mutual Wealth Management
96
Northwestern Mutual Wealth Management
Wisconsin
$145K – – –
PCA
97
Pallas Capital Advisors
Massachusetts
$143K +$139K +11,193 New
CP
98
Camelot Portfolios
Ohio
$139K -$67.2K -5,423 -33%
BWG
99
Berry Wealth Group
Texas
$130K +$126K +10,156 New
CCG
100
Chatham Capital Group
Georgia
$128K – – –
2 3
4
5 6

NFJ Hedge Fund Activity: Q1 2024 in Review

130 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q1 2024, worth a combined $524M — down 16% from $623M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new NFJ positions and 17 closed out — a net gain of 2 holders — while 39 added to existing stakes and 41 trimmed.

The largest buyer was Penserra Capital Management, opening a new position worth an estimated $12.2M. The largest seller was Morgan Stanley, cutting an estimated $113M.

  • 130 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q1 2024, down from 131 in Q4 2023.
  • Funds reported $524M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q1 2024, down 16% quarter-over-quarter.
  • 19 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q1 2024 and 17 closed out, a net change of +2 holders.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q1 2024 was Penserra Capital Management, an estimated $12.2M added.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q1 2024 was Morgan Stanley, an estimated $113M sold.

Based on aggregated 13F filings for Q1 2024.