NIE

Virtus Equity & Convertible Income Fund
NIE

Overview Fund Activity

53 hedge funds and large institutions have $118M invested in Virtus Equity & Convertible Income Fund in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 21 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
53
Holders Change
-8
Holders Change %
-13.11%
% of All Funds
1.41%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
15
Reduced
21
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$4.6M
2
KIM
Karpus Investment Management
New York
+$2.95M
3
Wells Fargo
Wells Fargo
California
+$2.81M
4
Bank of America
Bank of America
North Carolina
+$518K
5
TC
Telemus Capital
Michigan
+$499K

Top Sellers

1
AAM
Advisors Asset Management
Colorado
-$4.95M
2
WAM
Wolverine Asset Management
Illinois
-$2.98M
3
RVPG
Relative Value Partners Group
-$1.72M
4
RCM
Rivernorth Capital Management
Florida
-$1.05M
5
SG Americas Securities
SG Americas Securities
New York
-$807K
Name Holding Trade Value Shares
Change 		Shares
Change %
PCM
26
Pointe Capital Management
Michigan
$335K – – –
UCFA
27
United Capital Financial Advisors
Texas
$312K +$21.6K +1,190 +7%
BKA
28
Brick & Kyle Associates
Pennsylvania
$311K -$15.5K -850 -5%
SKK
29
Shepherd Kaplan Krochuk
Massachusetts
$309K – – –
Citigroup
30
Citigroup
New York
$254K -$9.18K -505 -3%
TPW
31
Tiller Private Wealth
Pennsylvania
$234K +$12.3K +675 +6%
CA
32
Cetera Advisors
Colorado
$226K +$226K +12,410 New
LTFS
33
Ladenburg Thalmann Financial Services
Florida
$205K +$5.07K +280 +3%
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$191K +$965 +53 +0.5%
AIG
35
American International Group
New York
$124K +$36.3K +2,000 +41%
BBPWM
36
Blue Bell Private Wealth Management
Pennsylvania
$115K -$108K -5,933 -48%
Envestnet Asset Management
37
Envestnet Asset Management
Illinois
$58K -$7.73K -422 -12%
Deutsche Bank
38
Deutsche Bank
Germany
$55K -$18K -1,000 -25%
DADC
39
D.A. Davidson & Co
Montana
$45K – – –
GWM
40
Geneos Wealth Management
Colorado
$40K +$40K +2,246 New
TJHA
41
Thomas J. Herzfeld Advisors
Florida
$36K – – –
S
42
SignatureFD
Georgia
$36K – – –
IA
43
IFP Advisors
Florida
$34K +$5K +231 +17%
CWM
44
Cedar Wealth Management
California
$31K – – –
GAM
45
Gemmer Asset Management
California
$27K +$27K +1,500 New
CTC
46
Central Trust Company
Missouri
$23K – – –
EWM
47
Edge Wealth Management
New York
$19K +$10.9K +600 +133%
Bank of Montreal
48
Bank of Montreal
Ontario, Canada
$14K – – –
Northwestern Mutual Wealth Management
49
Northwestern Mutual Wealth Management
Wisconsin
$12K – – –
MFW
50
Mosaic Family Wealth
Missouri
$9K – – –
1
2
3