Virtus Dividend, Interest & Premium Strategy Fund
NFJ
131 hedge funds and large institutions have $443M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 39 reducing their positions, and 16 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 39
7% more capital invested
Capital invested by funds: $414M → $443M (+$29.2M)
0.96% more ownership
Funds ownership: 37.28% → 38.24% (+0.96%)
1% less funds holding
Funds holding: 132 → 131 (-1)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.62M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.64M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.51M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.22M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.26M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.1M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$918K |
| 4 |
RVPG
Relative Value Partners Group
|
-$905K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$882K |
NFJ Hedge Fund Activity: Q2 2023 in Review
131 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q2 2023, worth a combined $443M — up 7.1% from $414M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of NFJ and 15 opened new positions — a net loss of 1 holder — while 39 trimmed existing stakes and 47 added.
The largest buyer was Morgan Stanley, adding an estimated $4.62M. The largest seller was Advisors Asset Management, cutting an estimated $1.26M.
- 131 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q2 2023, down from 132 in Q1 2023.
- Funds reported $443M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q2 2023, up 7.1% quarter-over-quarter.
- 15 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q2 2023 and 16 closed out, a net change of -1 holder.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q2 2023 was Morgan Stanley, an estimated $4.62M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q2 2023 was Advisors Asset Management, an estimated $1.26M sold.
Based on aggregated 13F filings for Q2 2023.