We are live on ! Find out more
NFJ

Virtus Dividend, Interest & Premium Strategy Fund
NFJ

137 hedge funds and large institutions have $432M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2023 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 44 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

5% more funds holding

Funds holding: 131 → 137 (+6)

1.99% more ownership

Funds ownership: 38.24% → 40.24% (+2%)

2% less capital invested

Capital invested by funds: $443M → $432M (-$10.5M)

5% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 44

Holders
137
Holders Change
+6
Holders Change %
+4.58%
% of All Funds
2.17%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
14
Increased
42
Reduced
44
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$10.6M
2
API
Advisor Partners II
California
+$6.09M
3
Bank of America
Bank of America
North Carolina
+$2.2M
4
AA
AQR Arbitrage
Connecticut
+$2.12M
5
Morgan Stanley
Morgan Stanley
New York
+$1.49M

Top Sellers

Rank Fund Capital Flow
1
Invesco
Invesco
Georgia
-$2.64M
2
RL
RPO LLC
Connecticut
-$1.27M
3
RVPG
Relative Value Partners Group
-$841K
4
JP Morgan Chase
JP Morgan Chase
New York
-$765K
5
Allspring Global Investments
Allspring Global Investments
North Carolina
-$402K
Name Holding Trade Value Shares
Change 		Change in
Stake
PCA
101
Pallas Capital Advisors
Massachusetts
$118K -$75K -6,129 -35%
CCG
102
Chatham Capital Group
Georgia
$113K – – –
CT
103
Colonial Trust
South Carolina
$109K – – –
SWM
104
Spire Wealth Management
Virginia
$65.7K – – –
SCA
105
Stonebridge Capital Advisors
Minnesota
$56.8K +$61.3K +5,011 New
HCP
106
Hexagon Capital Partners
Arkansas
$46.6K – – –
SSG
107
Summit Securities Group
New York
$35K +$37.3K +3,050 New
EWA
108
EverSource Wealth Advisors
Alabama
$33.9K -$7.74K -632 -17%
US Bancorp
109
US Bancorp
Minnesota
$31.4K – – –
CAS
110
Coppell Advisory Solutions
Texas
$31.3K -$1.26K -103 -4%
CT
111
Caldwell Trust
Florida
$23.2K – – –
AAG
112
Armstrong Advisory Group
Massachusetts
$22.7K – – –
JP Morgan Chase
113
JP Morgan Chase
New York
$18.9K -$765K -62,463 -97%
CAM
114
Chesapeake Asset Management
New York
$18.7K – – –
BWL
115
Bogart Wealth LLC
Virginia
$18.2K – – –
AF
116
Allworth Financial
California
$17.7K – – –
Carson Wealth (CWM LLC)
117
Carson Wealth (CWM LLC)
Nebraska
$16K -$10K -821 -37%
TWC
118
TD Waterhouse Canada
Ontario, Canada
$15.3K – – –
SS
119
Sunbelt Securities
Texas
$13.6K – – –
SWA
120
SOA Wealth Advisors
New York
$13K +$294 +24 +2%
IA
121
IFP Advisors
Florida
$12.2K – – –
RCM
122
Raleigh Capital Management
North Carolina
$11.3K – – –
TFGT
123
TS Financial Group (TSFG)
Illinois
$11K – – –
CFD
124
Creative Financial Designs
Indiana
$10.2K – – –
TIM
125
Tortoise Investment Management
New York
$9.76K +$208 +17 +2%
2 3 4
5
6

NFJ Hedge Fund Activity: Q3 2023 in Review

137 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q3 2023, worth a combined $432M — down 2.4% from $443M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new NFJ positions and 7 closed out — a net gain of 7 holders — while 42 added to existing stakes and 44 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $10.6M. The largest seller was Invesco, cutting an estimated $2.64M.

  • 137 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q3 2023, up from 131 in Q2 2023.
  • Funds reported $432M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q3 2023, down 2.4% quarter-over-quarter.
  • 14 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q3 2023 and 7 closed out, a net change of +7 holders.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q3 2023 was Saba Capital Management, an estimated $10.6M added.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q3 2023 was Invesco, an estimated $2.64M sold.

Based on aggregated 13F filings for Q3 2023.