Virtus Dividend, Interest & Premium Strategy Fund
134 hedge funds and large institutions have $535M invested in Virtus Dividend, Interest & Premium Strategy Fund in 2024 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 34 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
43% more capital inflows, than outflows
Capital inflows: $43.7M | Capital outflows: $30.6M
41% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 34
2% more funds holding
Funds holding: 132 → 134 (+2)
0.06% more ownership
Funds ownership: 44.58% → 44.65% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Saba Capital Management
New York
|
+$10M |
| 2 |
Morgan Stanley
New York
|
+$5.41M |
| 3 |
Capstone Investment Advisors
New York
|
+$3.73M |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$3.65M |
| 5 |
Pathstone Holdings
Englewood,
New Jersey
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$8.76M |
| 2 |
Karpus Investment Management
Pittsford,
New York
|
-$7.49M |
| 3 |
1607 Capital Partners
Richmond,
Virginia
|
-$4.9M |
| 4 |
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.42M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$1.12M |
NFJ Hedge Fund Activity: Q4 2024 in Review
134 of the 7,622 institutional investors tracked by Wall St. Rank reported a position in Virtus Dividend, Interest & Premium Strategy Fund (NFJ) for Q4 2024, worth a combined $535M — down 2.9% from $551M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NFJ positions and 13 closed out — a net gain of 6 holders — while 48 added to existing stakes and 34 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $10M. The largest seller was Allspring Global Investments, cutting an estimated $8.76M.
- 134 institutional investors held Virtus Dividend, Interest & Premium Strategy Fund (NFJ) as of Q4 2024, up from 132 in Q3 2024.
- Funds reported $535M of Virtus Dividend, Interest & Premium Strategy Fund stock for Q4 2024, down 2.9% quarter-over-quarter.
- 19 funds opened new Virtus Dividend, Interest & Premium Strategy Fund positions in Q4 2024 and 13 closed out, a net change of +6 holders.
- The largest Virtus Dividend, Interest & Premium Strategy Fund buyer in Q4 2024 was Saba Capital Management, an estimated $10M added.
- The largest Virtus Dividend, Interest & Premium Strategy Fund seller in Q4 2024 was Allspring Global Investments, an estimated $8.76M sold.
Based on aggregated 13F filings for Q4 2024.