Virtus Dividend, Interest & Premium Strategy Fund
110 hedge funds and large institutions have $367M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 29 increasing their positions, 32 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
10% more capital invested
Capital invested by funds: $332M → $367M (+$34.7M)
6% more funds holding
Funds holding: 104 → 110 (+6)
1.05% more ownership
Funds ownership: 28.69% → 29.74% (+1%)
9% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$4.11M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.15M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.35M |
| 4 |
RVPG
Relative Value Partners Group
|
+$1.21M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$945K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.4M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.56M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.36M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$692K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$478K |
NFJ Hedge Fund Activity: Q4 2019 in Review
110 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q4 2019, worth a combined $367M — up 10% from $332M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NFJ positions and 14 closed out — a net gain of 7 holders — while 29 added to existing stakes and 32 trimmed.
The largest buyer was Arete Wealth Advisors, adding an estimated $4.11M. The largest seller was Morgan Stanley, cutting an estimated $3.4M.
- 110 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q4 2019, up from 104 in Q3 2019.
- Funds reported $367M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q4 2019, up 10% quarter-over-quarter.
- 21 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q4 2019 and 14 closed out, a net change of +7 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q4 2019 was Arete Wealth Advisors, an estimated $4.11M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q4 2019 was Morgan Stanley, an estimated $3.4M sold.
Based on aggregated 13F filings for Q4 2019.