Virtus Dividend, Interest & Premium Strategy Fund
83 hedge funds and large institutions have $284M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 29 reducing their positions, and 13 closing their positions.
1% more capital invested
Capital invested by funds: $281M → $284M (+$3.44M)
0.24% less ownership
Funds ownership: 22.61% → 22.37% (-0.24%)
6% less funds holding
Funds holding: 88 → 83 (-5)
17% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 29
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.51M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.18M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$2.64M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.97M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$753K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.12M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.44M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.25M |
| 4 |
Morgan Stanley
New York
|
-$2.12M |
| 5 |
RVPG
Relative Value Partners Group
|
-$1.65M |
NFJ Hedge Fund Activity: Q3 2017 in Review
83 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q3 2017, worth a combined $284M — up 1.2% from $281M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of NFJ and 9 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 24 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $3.51M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $3.12M sold.
- 83 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q3 2017, down from 88 in Q2 2017.
- Funds reported $284M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q3 2017, up 1.2% quarter-over-quarter.
- 9 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q3 2017 and 13 closed out, a net change of -4 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q3 2017 was Parametric Portfolio Associates, an estimated $3.51M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q3 2017 was Shaker Financial Services, an estimated $3.12M sold.
Based on aggregated 13F filings for Q3 2017.