Virtus Dividend, Interest & Premium Strategy Fund
NFJ
103 hedge funds and large institutions have $472M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 32 reducing their positions, and 18 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.15% less ownership
Funds ownership: 35.74% → 34.58% (-1.2%)
9% less funds holding
Funds holding: 113 → 103 (-10)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
66% less capital inflows, than outflows
Capital inflows: $8.84M | Capital outflows: $25.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.18M |
| 3 |
Arete Wealth Advisors
Chicago,
Illinois
|
+$949K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$868K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$759K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Relative Value Partners Group
|
-$3.89M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$3.15M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$2.36M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.05M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.04M |
NFJ Hedge Fund Activity: Q1 2022 in Review
103 of the 6,364 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q1 2022, worth a combined $472M — down 13% from $545M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of NFJ and 11 opened new positions — a net loss of 7 holders — while 32 trimmed existing stakes and 36 added.
The largest buyer was Morgan Stanley, adding an estimated $1.6M. The largest seller was Relative Value Partners Group, cutting an estimated $3.89M.
- 103 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q1 2022, down from 113 in Q4 2021.
- Funds reported $472M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q1 2022, down 13% quarter-over-quarter.
- 11 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q1 2022 and 18 closed out, a net change of -7 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q1 2022 was Morgan Stanley, an estimated $1.6M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q1 2022 was Relative Value Partners Group, an estimated $3.89M sold.
Based on aggregated 13F filings for Q1 2022.