Virtus Dividend, Interest & Premium Strategy Fund
NFJ
108 hedge funds and large institutions have $513M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 31 increasing their positions, 43 reducing their positions, and 12 closing their positions.
7% more capital invested
Capital invested by funds: $478M → $513M (+$35.3M)
0.68% less ownership
Funds ownership: 36.7% → 36.02% (-0.68%)
5% less funds holding
Funds holding: 114 → 108 (-6)
28% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 43
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.32M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.73M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$5.69M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.07M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.7M |
| 2 |
SCM
Saba Capital Management
New York
|
-$7.42M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$7.35M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.11M |
| 5 |
RVPG
Relative Value Partners Group
|
-$1.51M |
NFJ Hedge Fund Activity: Q2 2021 in Review
108 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q2 2021, worth a combined $513M — up 7.4% from $478M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NFJ and 6 opened new positions — a net loss of 6 holders — while 43 trimmed existing stakes and 31 added.
The largest buyer was Bank of America, adding an estimated $6.32M. The largest seller was Morgan Stanley, cutting an estimated $8.7M.
- 108 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q2 2021, down from 114 in Q1 2021.
- Funds reported $513M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q2 2021, up 7.4% quarter-over-quarter.
- 6 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q2 2021 and 12 closed out, a net change of -6 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q2 2021 was Bank of America, an estimated $6.32M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q2 2021 was Morgan Stanley, an estimated $8.7M sold.
Based on aggregated 13F filings for Q2 2021.