Virtus Dividend, Interest & Premium Strategy Fund
NFJ
113 hedge funds and large institutions have $545M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2021 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 30 increasing their positions, 31 reducing their positions, and 15 closing their positions.
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
10% more capital invested
Capital invested by funds: $495M → $545M (+$49.9M)
3% more funds holding
Funds holding: 110 → 113 (+3)
0.48% more ownership
Funds ownership: 35.26% → 35.74% (+0.48%)
3% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 31
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.91M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.37M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.27M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$34.6M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$3.75M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.23M |
| 4 |
HF
HRT Financial
New York
|
-$1.77M |
| 5 |
Millennium Management
New York
|
-$1.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCA
126
Ranch Capital Advisors
Sarasota,
Florida
| – | -$12K | -800 | Closed |
|
|
OCM
127
Orion Capital Management
Coronado,
California
| – | -$5K | -360 | Closed |
|
128
AssetMark Inc
Concord,
California
| – | -$3K | -215 | Closed |
|
NFJ Hedge Fund Activity: Q4 2021 in Review
113 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q4 2021, worth a combined $545M — up 10% from $495M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NFJ positions and 15 closed out — a net gain of 8 holders — while 30 added to existing stakes and 31 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $4.91M. The largest seller was Wells Fargo, cutting an estimated $34.6M.
- 113 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q4 2021, up from 110 in Q3 2021.
- Funds reported $545M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q4 2021, up 10% quarter-over-quarter.
- 23 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q4 2021 and 15 closed out, a net change of +8 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q4 2021 was Parametric Portfolio Associates, an estimated $4.91M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q4 2021 was Wells Fargo, an estimated $34.6M sold.
Based on aggregated 13F filings for Q4 2021.