Virtus Dividend, Interest & Premium Strategy Fund
NFJ
86 hedge funds and large institutions have $227M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 26 reducing their positions, and 19 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.59% less ownership
Funds ownership: 19.98% → 19.39% (-0.59%)
2% less capital invested
Capital invested by funds: $232M → $227M (-$5.48M)
8% less funds holding
Funds holding: 93 → 86 (-7)
32% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.39M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.51M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.12M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.85M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$9.13M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.13M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.45M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.44M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAS
101
WESPAC Advisors SoCal
Pasadena,
California
| – | -$9.81K | -800 | Closed |
|
|
CA
102
CapWealth Advisors
Franklin,
Tennessee
| – | -$9K | -700 | Closed |
|
103
SEI Investments
Oaks,
Pennsylvania
| – | -$7K | -580 | Closed |
|
|
TRCT
104
Tower Research Capital (TRC)
New York
| – | -$1K | -100 | Closed |
|
NFJ Hedge Fund Activity: Q2 2016 in Review
86 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q2 2016, worth a combined $227M — down 2.4% from $232M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NFJ and 13 opened new positions — a net loss of 6 holders — while 26 trimmed existing stakes and 30 added.
The largest buyer was Morgan Stanley, adding an estimated $6.39M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $9.13M sold.
- 86 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q2 2016, down from 93 in Q1 2016.
- Funds reported $227M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q2 2016, down 2.4% quarter-over-quarter.
- 13 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q2 2016 and 19 closed out, a net change of -6 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q2 2016 was Morgan Stanley, an estimated $6.39M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $9.13M sold.
Based on aggregated 13F filings for Q2 2016.