Virtus Dividend, Interest & Premium Strategy Fund
110 hedge funds and large institutions have $496M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2021 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 35 increasing their positions, 32 reducing their positions, and 11 closing their positions.
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
2% more funds holding
Funds holding: 108 → 110 (+2)
9% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.76% less ownership
Funds ownership: 36.02% → 35.26% (-0.76%)
6% less capital invested
Capital invested by funds: $526M → $496M (-$29.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$7.61M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$3.38M |
| 3 |
HF
HRT Financial
New York
|
+$1.84M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.62M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$21.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.07M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.49M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.46M |
| 5 |
Morgan Stanley
New York
|
-$973K |
NFJ Hedge Fund Activity: Q3 2021 in Review
110 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q3 2021, worth a combined $496M — down 5.7% from $526M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NFJ positions and 11 closed out — a net gain of 4 holders — while 35 added to existing stakes and 32 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $7.61M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $21.1M sold.
- 110 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q3 2021, up from 108 in Q2 2021.
- Funds reported $496M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q3 2021, down 5.7% quarter-over-quarter.
- 15 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q3 2021 and 11 closed out, a net change of +4 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q3 2021 was Parametric Portfolio Associates, an estimated $7.61M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q3 2021 was Penserra Capital Management, an estimated $21.1M sold.
Based on aggregated 13F filings for Q3 2021.