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NFJ

Virtus Dividend, Interest & Premium Strategy Fund
NFJ

131 hedge funds and large institutions have $551M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2024 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 39 increasing their positions, 42 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 15

11% more capital invested

Capital invested by funds: $497M → $551M (+$53.8M)

2.11% more ownership

Funds ownership: 42.68% → 44.78% (+2.1%)

1% more funds holding

Funds holding: 130 → 131 (+1)

7% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 42

Holders
131
Holders Change
+1
Holders Change %
+0.77%
% of All Funds
1.88%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
18
Increased
39
Reduced
42
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$25.4M
2
Kovitz Investment Group Partners
Kovitz Investment Group Partners
Illinois
+$16.7M
3
Morgan Stanley
Morgan Stanley
New York
+$4.17M
4
Capstone Investment Advisors
Capstone Investment Advisors
New York
+$2.98M
5
IAIM
International Assets Investment Management
Florida
+$2.45M

Top Sellers

Rank Fund Capital Flow
1
PCM
Penserra Capital Management
California
-$8.32M
2
Allspring Global Investments
Allspring Global Investments
North Carolina
-$7.48M
3
1CP
1607 Capital Partners
Virginia
-$3.33M
4
AA
AQR Arbitrage
Connecticut
-$2.58M
5
CA
Cornerstone Advisors
North Carolina
-$2.32M
Name Holding Trade Value Shares
Change 		Change in
Stake
FFO
76
Fortitude Family Office
Arizona
$236K +$229K +18,100 New
OAM
77
Occidental Asset Management
California
$219K +$16.3K +1,293 +8%
SPIA
78
Steward Partners Investment Advisory
New York
$210K +$18.9K +1,500 +10%
PAG
79
Private Advisor Group
New Jersey
$202K -$695 -55 -0.4%
OLVIG
80
Oliver Lagore Vanvalin Investment Group
Michigan
$200K – – –
SWP
81
Stratos Wealth Partners
Ohio
$194K +$9.09K +720 +5%
HighTower Advisors
82
HighTower Advisors
Illinois
$194K -$46.5K -3,682 -20%
CB
83
Commerce Bank
Missouri
$183K – – –
SWM
84
Sugarloaf Wealth Management
Georgia
$178K +$543 +43 +0.3%
AA
85
Argent Advisors
Louisiana
$172K – – –
LNWWM
86
Laird Norton Wetherby Wealth Management
California
$169K – – –
ATPW
87
Ashton Thomas Private Wealth
Arizona
$163K +$3.67K +291 +2%
IPAM
88
Investment Partners Asset Management
New Jersey
$157K – – –
HWMC
89
Heritage Wealth Management (California)
California
$156K +$1.45K +115 +1%
AAS
90
Avantax Advisory Services
Texas
$147K -$7.02K -556 -5%
CP
91
Camelot Portfolios
Ohio
$146K -$90.8K -7,188 -39%
PCA
92
Pallas Capital Advisors
Massachusetts
$143K – – –
VCWA
93
Vanguard Capital Wealth Advisors
Colorado
$140K -$14.1K -1,113 -9%
SCA
94
Snowden Capital Advisors
New York
$140K – – –
BWG
95
Berry Wealth Group
Texas
$138K +$2.64K +209 +2%
CCG
96
Chatham Capital Group
Georgia
$130K – – –
CT
97
Colonial Trust
South Carolina
$115K – – –
GWM
98
Geneos Wealth Management
Colorado
$84.8K +$82.2K +6,506 New
US Bancorp
99
US Bancorp
Minnesota
$78.6K – – –
Northwestern Mutual Wealth Management
100
Northwestern Mutual Wealth Management
Wisconsin
$70.5K -$82.6K -6,541 -55%
2 3
4
5 6

NFJ Hedge Fund Activity: Q3 2024 in Review

131 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q3 2024, worth a combined $551M — up 11% from $497M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new NFJ positions and 15 closed out — a net gain of 3 holders — while 39 added to existing stakes and 42 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $25.4M. The largest seller was Penserra Capital Management, cutting an estimated $8.32M.

  • 131 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q3 2024, up from 130 in Q2 2024.
  • Funds reported $551M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q3 2024, up 11% quarter-over-quarter.
  • 18 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q3 2024 and 15 closed out, a net change of +3 holders.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q3 2024 was Saba Capital Management, an estimated $25.4M added.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q3 2024 was Penserra Capital Management, an estimated $8.32M sold.

Based on aggregated 13F filings for Q3 2024.