Virtus Dividend, Interest & Premium Strategy Fund
82 hedge funds and large institutions have $251M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2014 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 6 closing their positions.
383% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 6
86% more capital inflows, than outflows
Capital inflows: $32M | Capital outflows: $17.1M
34% more funds holding
Funds holding: 61 → 82 (+21)
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
0.5% less ownership
Funds ownership: 17.07% → 16.57% (-0.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mariner Investment Group
Harrison,
New York
|
+$3.27M |
| 2 |
Shaker Financial Services
Arlington,
Virginia
|
+$2.51M |
| 3 |
Wolverine Asset Management
Chicago,
Illinois
|
+$2.14M |
| 4 |
Doliver Advisors
Houston,
Texas
|
+$1.98M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$10.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.67M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.04M |
| 4 |
Morgan Stanley
New York
|
-$904K |
| 5 |
Valentine Capital Asset Management
Danville,
California
|
-$529K |
NFJ Hedge Fund Activity: Q4 2014 in Review
82 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q4 2014, worth a combined $251M — down 15% from $295M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NFJ positions and 6 closed out — a net gain of 23 holders — while 22 added to existing stakes and 19 trimmed.
The largest buyer was Mariner Investment Group, opening a new position worth an estimated $3.27M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $10.8M.
- 82 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q4 2014, up from 61 in Q3 2014.
- Funds reported $251M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q4 2014, down 15% quarter-over-quarter.
- 29 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q4 2014 and 6 closed out, a net change of +23 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q4 2014 was Mariner Investment Group, an estimated $3.27M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q4 2014 was Cambridge Investment Research Advisors, an estimated $10.8M sold.
Based on aggregated 13F filings for Q4 2014.