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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
CAL
126
Capital Analysts LLC
Pennsylvania
$9K – – –
OCM
127
Osterweis Capital Management
California
$8.73K – – –
CCP
128
Carmel Capital Partners
California
$5.67K -$6.12K -500 -50%
CCA
129
Column Capital Advisors
Indiana
$5.27K -$4.17K -341 -42%
HI
130
Harbour Investments
Wisconsin
$5.1K – – –
ANBT
131
American National Bank & Trust
Texas
$4.32K – – –
GRP
132
Global Retirement Partners
California
$3.67K – – –
AF
133
Advisornet Financial
Minnesota
$3.55K – – –
AWM
134
Avior Wealth Management
Nebraska
$3.23K – – –
FGA
135
Fortis Group Advisors
New Jersey
$2.83K +$3.06K +250 New
IFAM
136
Institutional & Family Asset Management
Colorado
$2.42K – – –
AA
137
Ancora Advisors
Ohio
$1.13K – – –
AWM
138
Atticus Wealth Management
Florida
$227 – – –
HNB
139
Huntington National Bank
Ohio
$17 – – –
RL
140
RPO LLC
Connecticut
– -$1.27M -103,823 Closed
VPIM
141
Vanguard Personalized Indexing Management
California
– -$146K -11,942 Closed
AWS
142
Atria Wealth Solutions
New York
– -$144K -11,833 Closed
AP
143
Americana Partners
Texas
– -$125K -10,250 Closed
CFFP
144
Center for Financial Planning
Michigan
– -$77.2K -6,324 Closed
RBC
145
Roble Belko & Company
Pennsylvania
– -$15K -1,213 Closed
Fidelity Investments
146
Fidelity Investments
Massachusetts
– -$5.15K -422 Closed
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.