Virtus Equity & Convertible Income Fund
NIE
84 hedge funds and large institutions have $168M invested in Virtus Equity & Convertible Income Fund in 2024 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 30 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
5% more capital invested
Capital invested by funds: $160M → $168M (+$8.27M)
2% more funds holding
Funds holding: 82 → 84 (+2)
1.51% less ownership
Funds ownership: 26.15% → 24.64% (-1.5%)
13% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.66M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$938K |
| 4 |
LPL Financial
San Diego,
California
|
+$640K |
| 5 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$421K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$6.65M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$3.43M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.69M |
| 4 |
AF
Allworth Financial
Folsom,
California
|
-$892K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$822K |
NIE Hedge Fund Activity: Q4 2024 in Review
84 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Virtus Equity & Convertible Income Fund (NIE) for Q4 2024, worth a combined $168M — up 5.2% from $160M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NIE positions and 7 closed out — a net gain of 4 holders — while 26 added to existing stakes and 30 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $2.66M. The largest seller was International Assets Investment Management, cutting an estimated $6.65M.
- 84 institutional investors held Virtus Equity & Convertible Income Fund (NIE) as of Q4 2024, up from 82 in Q3 2024.
- Funds reported $168M of Virtus Equity & Convertible Income Fund stock for Q4 2024, up 5.2% quarter-over-quarter.
- 11 funds opened new Virtus Equity & Convertible Income Fund positions in Q4 2024 and 7 closed out, a net change of +4 holders.
- The largest Virtus Equity & Convertible Income Fund buyer in Q4 2024 was Advisors Asset Management, an estimated $2.66M added.
- The largest Virtus Equity & Convertible Income Fund seller in Q4 2024 was International Assets Investment Management, an estimated $6.65M sold.
Based on aggregated 13F filings for Q4 2024.