Virtus Dividend, Interest & Premium Strategy Fund
NFJ
105 hedge funds and large institutions have $346M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2019 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 37 increasing their positions, 30 reducing their positions, and 14 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 30
16% more capital invested
Capital invested by funds: $299M → $346M (+$47.1M)
0.82% more ownership
Funds ownership: 29.34% → 30.16% (+0.82%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 107 → 105 (-2)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.19M |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$3.64M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.5M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.43M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.16M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$2.1M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.34M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.25M |
NFJ Hedge Fund Activity: Q1 2019 in Review
105 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q1 2019, worth a combined $346M — up 16% from $299M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of NFJ and 12 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 37 added.
The largest buyer was Cornerstone Advisors, adding an estimated $4.19M. The largest seller was Morgan Stanley, cutting an estimated $5.43M.
- 105 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q1 2019, down from 107 in Q4 2018.
- Funds reported $346M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q1 2019, up 16% quarter-over-quarter.
- 12 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q1 2019 and 14 closed out, a net change of -2 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q1 2019 was Cornerstone Advisors, an estimated $4.19M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q1 2019 was Morgan Stanley, an estimated $5.43M sold.
Based on aggregated 13F filings for Q1 2019.