Virtus Equity & Convertible Income Fund
NIE
77 hedge funds and large institutions have $190M invested in Virtus Equity & Convertible Income Fund in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
7% more funds holding
Funds holding: 72 → 77 (+5)
0.24% more ownership
Funds ownership: 24.24% → 24.49% (+0.24%)
0% more capital invested
Capital invested by funds: $190M → $190M (+$134K)
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$3.08M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.54M |
| 3 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
+$1.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.09M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$814K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$3.03M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.26M |
| 3 |
ACM
Anfield Capital Management
Irvine,
California
|
-$1.78M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.32M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$819K |
NIE Hedge Fund Activity: Q1 2021 in Review
77 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Virtus Equity & Convertible Income Fund (NIE) for Q1 2021, worth a combined $190M — up 0.07% from $190M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NIE positions and 10 closed out — a net gain of 5 holders — while 21 added to existing stakes and 23 trimmed.
The largest buyer was Cornerstone Advisors, opening a new position worth an estimated $3.08M. The largest seller was Cohen & Steers, cutting an estimated $3.03M.
- 77 institutional investors held Virtus Equity & Convertible Income Fund (NIE) as of Q1 2021, up from 72 in Q4 2020.
- Funds reported $190M of Virtus Equity & Convertible Income Fund stock for Q1 2021, up 0.07% quarter-over-quarter.
- 15 funds opened new Virtus Equity & Convertible Income Fund positions in Q1 2021 and 10 closed out, a net change of +5 holders.
- The largest Virtus Equity & Convertible Income Fund buyer in Q1 2021 was Cornerstone Advisors, an estimated $3.08M added.
- The largest Virtus Equity & Convertible Income Fund seller in Q1 2021 was Cohen & Steers, an estimated $3.03M sold.
Based on aggregated 13F filings for Q1 2021.