Virtus Dividend, Interest & Premium Strategy Fund
113 hedge funds and large institutions have $347M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 46 increasing their positions, 30 reducing their positions, and 16 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 30
0.37% more ownership
Funds ownership: 33.89% → 34.26% (+0.37%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 120 → 113 (-7)
7% less capital invested
Capital invested by funds: $373M → $347M (-$26.4M)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.79M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.75M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.63M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.52M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.81M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.02M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.32M |
| 4 |
OWA
Opal Wealth Advisors
Jericho,
New York
|
-$1.19M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWMIA
126
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$6K | -537 | Closed |
|
|
BFG
127
Baron Financial Group
Fair Lawn,
New Jersey
| – | -$5.78K | -501 | Closed |
|
|
GWM
128
Geneos Wealth Management
Englewood,
Colorado
| – | -$5K | -437 | Closed |
|
129
Fidelity Investments
Boston,
Massachusetts
| – | +$86 | +7 | +700% |
|
NFJ Hedge Fund Activity: Q3 2022 in Review
113 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q3 2022, worth a combined $347M — down 7.1% from $373M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NFJ and 11 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 46 added.
The largest buyer was Allspring Global Investments, adding an estimated $3.79M. The largest seller was Morgan Stanley, cutting an estimated $5.81M.
- 113 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q3 2022, down from 120 in Q2 2022.
- Funds reported $347M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q3 2022, down 7.1% quarter-over-quarter.
- 11 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q3 2022 and 16 closed out, a net change of -5 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q3 2022 was Allspring Global Investments, an estimated $3.79M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q3 2022 was Morgan Stanley, an estimated $5.81M sold.
Based on aggregated 13F filings for Q3 2022.