Virtus Equity & Convertible Income Fund
NIE
91 hedge funds and large institutions have $209M invested in Virtus Equity & Convertible Income Fund in 2021 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 5 closing their positions.
380% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 5
26% more funds holding
Funds holding: 72 → 91 (+19)
5% more capital invested
Capital invested by funds: $199M → $209M (+$9.76M)
0.62% more ownership
Funds ownership: 24.41% → 25.03% (+0.62%)
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.48M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.38M |
| 3 |
BKA
Brick & Kyle Associates
Newtown,
Pennsylvania
|
+$1.55M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$919K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$834K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.68M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$4.3M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.13M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.67M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.62M |
NIE Hedge Fund Activity: Q4 2021 in Review
91 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Virtus Equity & Convertible Income Fund (NIE) for Q4 2021, worth a combined $209M — up 4.9% from $199M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NIE positions and 5 closed out — a net gain of 19 holders — while 22 added to existing stakes and 22 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $6.48M. The largest seller was Wells Fargo, cutting an estimated $6.68M.
- 91 institutional investors held Virtus Equity & Convertible Income Fund (NIE) as of Q4 2021, up from 72 in Q3 2021.
- Funds reported $209M of Virtus Equity & Convertible Income Fund stock for Q4 2021, up 4.9% quarter-over-quarter.
- 24 funds opened new Virtus Equity & Convertible Income Fund positions in Q4 2021 and 5 closed out, a net change of +19 holders.
- The largest Virtus Equity & Convertible Income Fund buyer in Q4 2021 was Sit Investment Associates, an estimated $6.48M added.
- The largest Virtus Equity & Convertible Income Fund seller in Q4 2021 was Wells Fargo, an estimated $6.68M sold.
Based on aggregated 13F filings for Q4 2021.