Virtus Dividend, Interest & Premium Strategy Fund
107 hedge funds and large institutions have $299M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 32 increasing their positions, 32 reducing their positions, and 17 closing their positions.
1.36% more ownership
Funds ownership: 27.98% → 29.34% (+1.4%)
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 32
1% less funds holding
Funds holding: 108 → 107 (-1)
14% less capital invested
Capital invested by funds: $348M → $299M (-$49.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.56M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.16M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.63M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$2.5M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.34M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.85M |
| 3 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$1.41M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.39M |
| 5 |
SCM
Saba Capital Management
New York
|
-$1.31M |
NFJ Hedge Fund Activity: Q4 2018 in Review
107 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q4 2018, worth a combined $299M — down 14% from $348M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NFJ positions and 17 closed out — a net gain of 1 holder — while 32 added to existing stakes and 32 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.56M. The largest seller was Guggenheim Capital, cutting an estimated $2.34M.
- 107 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q4 2018, down from 108 in Q3 2018.
- Funds reported $299M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q4 2018, down 14% quarter-over-quarter.
- 18 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q4 2018 and 17 closed out, a net change of +1 holder.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q4 2018 was Wells Fargo, an estimated $5.56M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q4 2018 was Guggenheim Capital, an estimated $2.34M sold.
Based on aggregated 13F filings for Q4 2018.