Virtus Dividend, Interest & Premium Strategy Fund
130 hedge funds and large institutions have $524M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 40 reducing their positions, and 17 closing their positions.
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
1.39% more ownership
Funds ownership: 41.93% → 43.32% (+1.4%)
5% more capital invested
Capital invested by funds: $501M → $524M (+$23M)
0% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 40
1% less funds holding
Funds holding: 131 → 130 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$12.2M |
| 2 |
Morgan Stanley
New York
|
+$7.29M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.62M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.54M |
| 5 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$2.67M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.18M |
| 3 |
SCM
Saba Capital Management
New York
|
-$2.04M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.19M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.18M |
NFJ Hedge Fund Activity: Q1 2024 in Review
130 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q1 2024, worth a combined $524M — up 4.6% from $501M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NFJ positions and 17 closed out — a net gain of 2 holders — while 40 added to existing stakes and 40 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $12.2M. The largest seller was Allspring Global Investments, cutting an estimated $2.67M.
- 130 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q1 2024, down from 131 in Q4 2023.
- Funds reported $524M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q1 2024, up 4.6% quarter-over-quarter.
- 19 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q1 2024 and 17 closed out, a net change of +2 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q1 2024 was Penserra Capital Management, an estimated $12.2M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q1 2024 was Allspring Global Investments, an estimated $2.67M sold.
Based on aggregated 13F filings for Q1 2024.