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NIE

Virtus Equity & Convertible Income Fund

77 hedge funds and large institutions have $205M invested in Virtus Equity & Convertible Income Fund in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 25 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 25

8% more capital invested

Capital invested by funds: $190M → $205M (+$15.2M)

0.01% more ownership

Funds ownership: 24.49%24.5% (+0.01%)

0% more funds holding

Funds holding: 7777 (0)

0% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 9

Holders
77
Holders Change
Holders Change %
0%
% of All Funds
1.34%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
28
Reduced
25
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RIL
26
Rothschild Investment LLC
Illinois
$1.03M
TC
27
Telemus Capital
Michigan
$913K -$121K -4,171 -12%
SPIA
28
Steward Partners Investment Advisory
New York
$900K -$130K -4,487 -13%
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$870K +$189K +6,488 +29%
LPL Financial
30
LPL Financial
California
$861K +$346K +11,891 +72%
Ameriprise
31
Ameriprise
Minnesota
$788K -$154K -5,306 -17%
Truist Financial
32
Truist Financial
North Carolina
$750K -$145 -5 -0%
XF
33
XML Financial
Maryland
$636K -$2.62M -90,066 -81%
DWM
34
Dakota Wealth Management
Florida
$632K -$10.5K -360 -2%
Bank of America
35
Bank of America
North Carolina
$615K +$143K +4,918 +32%
PNC Financial Services Group
36
PNC Financial Services Group
Pennsylvania
$591K -$71.9K -2,475 -11%
BRWA
37
B. Riley Wealth Advisors
Florida
$564K +$552 +19 +0.1%
CWM
38
Cornerstone Wealth Management
Missouri
$559K +$5.55K +191 +1%
IFWM
39
Institute for Wealth Management
Colorado
$508K -$610 -21 -0.1%
WS
40
Wedbush Securities
California
$497K -$16.9K -580 -3%
ASN
41
Advisory Services Network
Georgia
$485K +$5.41K +186 +1%
SCA
42
SMH Capital Advisors
Texas
$483K -$6.97K -240 -1%
DC
43
Davenport & Co
Virginia
$344K
CBT
44
CoreFirst Bank & Trust
Kansas
$321K
VF
45
Virtu Financial
New York
$308K +$296K +10,175 New
LWAC
46
Laurel Wealth Advisors (California)
California
$302K +$4.27K +147 +1%
GLLW
47
Graves Light Lenhart Wealth
Virginia
$286K
AA
48
AQR Arbitrage
Connecticut
$281K -$393K -13,518 -59%
MA
49
MONECO Advisors
Connecticut
$253K -$1.4K -48 -0.6%
KWM
50
Kingsview Wealth Management
Oregon
$244K +$233K +8,025 New

NIE Hedge Fund Activity: Q2 2021 in Review

77 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Virtus Equity & Convertible Income Fund (NIE) for Q2 2021, worth a combined $205M — up 8% from $190M a quarter earlier.

Fund positioning in NIE was balanced in Q2 2021: 9 funds opened new positions, 9 closed out, 28 added to existing stakes and 25 trimmed.

The largest buyer was Cornerstone Advisors, adding an estimated $4.78M. The largest seller was Karpus Investment Management, cutting an estimated $5.82M.

  • 77 institutional investors held Virtus Equity & Convertible Income Fund (NIE) as of Q2 2021, unchanged from Q1 2021.
  • Funds reported $205M of Virtus Equity & Convertible Income Fund stock for Q2 2021, up 8% quarter-over-quarter.
  • 9 funds opened new Virtus Equity & Convertible Income Fund positions in Q2 2021 and 9 closed out, a net change of 0 holders.
  • The largest Virtus Equity & Convertible Income Fund buyer in Q2 2021 was Cornerstone Advisors, an estimated $4.78M added.
  • The largest Virtus Equity & Convertible Income Fund seller in Q2 2021 was Karpus Investment Management, an estimated $5.82M sold.

Based on aggregated 13F filings for Q2 2021.