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NFJ

Virtus Dividend, Interest & Premium Strategy Fund
NFJ

95 hedge funds and large institutions have $232M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2015 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 31 increasing their positions, 17 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 10

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

82% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 17

22% more funds holding

Funds holding: 78 → 95 (+17)

14% more capital invested

Capital invested by funds: $204M → $232M (+$28.2M)

2.68% more ownership

Funds ownership: 16.73% → 19.42% (+2.7%)

Holders
95
Holders Change
+17
Holders Change %
+21.79%
% of All Funds
2.49%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
28
Increased
31
Reduced
17
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
LCM
Landscape Capital Management
New Jersey
+$6.37M
2
CRC
Curi RMB Capital
Illinois
+$3.15M
3
Bank of America
Bank of America
North Carolina
+$3.11M
4
NCM
Newgate Capital Management
Connecticut
+$3.03M
5
SFS
Shaker Financial Services
Virginia
+$1.77M

Top Sellers

1
Wells Fargo
Wells Fargo
California
-$1.5M
2
UBS Group
UBS Group
Switzerland
-$1.48M
3
GC
Guggenheim Capital
Illinois
-$1.2M
4
CCP
Clough Capital Partners
Massachusetts
-$825K
5
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
-$454K
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$72.3M +$154K +12,172 +0.2%
Bank of America
2
Bank of America
North Carolina
$28.2M +$3.11M +245,657 +12%
GC
3
Guggenheim Capital
Illinois
$18.1M -$1.2M -94,405 -6%
Invesco
4
Invesco
Georgia
$14.3M +$430K +33,922 +3%
CA
5
Cornerstone Advisors
North Carolina
$10.5M – – –
LCM
6
Landscape Capital Management
New Jersey
$6.78M +$6.37M +502,788 +1,124%
WAM
7
Wolverine Asset Management
Illinois
$5.62M +$1.05M +82,504 +22%
PPA
8
Parametric Portfolio Associates
Washington
$4.95M +$723K +57,064 +17%
CRC
9
Curi RMB Capital
Illinois
$4.21M +$3.15M +248,840 +274%
UBS Group
10
UBS Group
Switzerland
$4.09M -$1.48M -116,868 -26%
Bank of Nova Scotia
11
Bank of Nova Scotia
Ontario, Canada
$4.07M +$585K +46,123 +16%
Northwestern Mutual Wealth Management
12
Northwestern Mutual Wealth Management
Wisconsin
$3.77M -$454K -35,793 -11%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$3.77M – – –
LPL Financial
14
LPL Financial
California
$3.5M +$1.6M +126,124 +79%
Stifel Financial
15
Stifel Financial
Missouri
$3.02M -$7.36K -581 -0.2%
NCM
16
Newgate Capital Management
Connecticut
$2.96M +$3.03M +239,330 New
PCM
17
Pointe Capital Management
Michigan
$2.65M +$317K +25,032 +13%
SFS
18
Shaker Financial Services
Virginia
$2.19M +$1.77M +139,478 +377%
Wells Fargo
19
Wells Fargo
California
$1.87M -$1.5M -118,228 -44%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$1.86M +$142K +11,220 +8%
BBPWM
21
Blue Bell Private Wealth Management
Pennsylvania
$1.78M +$1.13M +89,303 +164%
CAN
22
Cetera Advisor Networks
California
$1.57M +$56.5K +4,455 +4%
Baird Financial Group
23
Baird Financial Group
Wisconsin
$1.55M +$1.4M +110,370 +760%
SG Americas Securities
24
SG Americas Securities
New York
$1.33M +$1.36M +107,272 New
RJA
25
Raymond James & Associates
Florida
$1.26M +$962K +75,909 +291%
1
2 3 4 5

NFJ Hedge Fund Activity: Q4 2015 in Review

95 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q4 2015, worth a combined $232M — up 14% from $204M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new NFJ positions and 10 closed out — a net gain of 18 holders — while 31 added to existing stakes and 17 trimmed.

The largest buyer was Landscape Capital Management, adding an estimated $6.37M. The largest seller was Wells Fargo, cutting an estimated $1.5M.

  • 95 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q4 2015, up from 78 in Q3 2015.
  • Funds reported $232M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q4 2015, up 14% quarter-over-quarter.
  • 28 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q4 2015 and 10 closed out, a net change of +18 holders.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q4 2015 was Landscape Capital Management, an estimated $6.37M added.
  • The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q4 2015 was Wells Fargo, an estimated $1.5M sold.

Based on aggregated 13F filings for Q4 2015.