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NFJ

Virtus Dividend, Interest & Premium Strategy Fund
NFJ

130 hedge funds and large institutions have $497M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2024 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 37 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 37

6% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 16

0% more funds holding

Funds holding: 130 → 130 (0)

0.64% less ownership

Funds ownership: 43.32% → 42.68% (-0.64%)

5% less capital invested

Capital invested by funds: $524M → $497M (-$27M)

Holders
130
Holders Change
–
Holders Change %
0%
% of All Funds
1.88%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
17
Increased
49
Reduced
37
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$24.2M
2
Morgan Stanley
Morgan Stanley
New York
+$2.77M
3
AAM
Advisors Asset Management
Colorado
+$1.82M
4
MWM
Modern Wealth Management
Kansas
+$1.4M
5
CL
Choreo LLC
Illinois
+$860K

Top Sellers

Rank Fund Capital Flow
1
RVPG
Relative Value Partners Group
-$18.1M
2
KIM
Karpus Investment Management
New York
-$5.58M
3
CA
Cornerstone Advisors
North Carolina
-$4.18M
4
Allspring Global Investments
Allspring Global Investments
North Carolina
-$3.81M
5
1CP
1607 Capital Partners
Virginia
-$2.41M
Name Holding Trade Value Shares
Change 		Change in
Stake
OLVIG
76
Oliver Lagore Vanvalin Investment Group
Michigan
$188K – – –
SPIA
77
Steward Partners Investment Advisory
New York
$180K +$9.78K +800 +6%
LFAS
78
Level Four Advisory Services
Texas
$175K +$20.3K +1,664 +13%
SWP
79
Stratos Wealth Partners
Ohio
$174K -$15.6K -1,280 -8%
CB
80
Commerce Bank
Missouri
$172K – – –
SWM
81
Sugarloaf Wealth Management
Georgia
$167K +$501 +41 +0.3%
AA
82
Argent Advisors
Louisiana
$162K – – –
LNWWM
83
Laird Norton Wetherby Wealth Management
California
$160K – – –
Truist Financial
84
Truist Financial
North Carolina
$156K +$4.03K +330 +3%
ATPW
85
Ashton Thomas Private Wealth
Arizona
$150K +$3.36K +275 +2%
IPAM
86
Investment Partners Asset Management
New Jersey
$148K – – –
VF
87
Virtu Financial
New York
$147K +$147K +11,999 New
FG
88
Fairman Group
Pennsylvania
$147K +$146K +11,957 New
Northwestern Mutual Wealth Management
89
Northwestern Mutual Wealth Management
Wisconsin
$147K +$7.54K +617 +5%
AAS
90
Avantax Advisory Services
Texas
$146K +$145K +11,856 New
HWMC
91
Heritage Wealth Management (California)
California
$146K -$11.6K -947 -7%
VCWA
92
Vanguard Capital Wealth Advisors
Colorado
$146K +$3.21K +263 +2%
PCA
93
Pallas Capital Advisors
Massachusetts
$140K – – –
SCA
94
Snowden Capital Advisors
New York
$132K -$16.4K -1,339 -11%
BWG
95
Berry Wealth Group
Texas
$127K +$2.41K +197 +2%
MML Investors Services
96
MML Investors Services
Massachusetts
$124K +$124K +10,110 New
CCG
97
Chatham Capital Group
Georgia
$123K – – –
CT
98
Colonial Trust
South Carolina
$109K – – –
US Bancorp
99
US Bancorp
Minnesota
$74K -$33.9K -2,775 -32%
HCP
100
Hexagon Capital Partners
Arkansas
$50.5K – – –
2 3
4
5 6

NFJ Hedge Fund Activity: Q2 2024 in Review

130 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q2 2024, worth a combined $497M — down 5.2% from $524M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new NFJ positions and 16 closed out — a net gain of 1 holder — while 49 added to existing stakes and 37 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $24.2M. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $18.1M sold.

  • 130 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q2 2024, unchanged from Q1 2024.
  • Funds reported $497M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q2 2024, down 5.2% quarter-over-quarter.
  • 17 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q2 2024 and 16 closed out, a net change of +1 holder.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q2 2024 was Saba Capital Management, an estimated $24.2M added.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q2 2024 was Relative Value Partners Group, an estimated $18.1M sold.

Based on aggregated 13F filings for Q2 2024.