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NIE

Virtus Equity & Convertible Income Fund
NIE

72 hedge funds and large institutions have $190M invested in Virtus Equity & Convertible Income Fund in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 6

24% more capital invested

Capital invested by funds: $154M → $190M (+$36.2M)

14% more funds holding

Funds holding: 63 → 72 (+9)

10% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 20

1.39% more ownership

Funds ownership: 22.85% → 24.24% (+1.4%)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
72
Holders Change
+9
Holders Change %
+14.29%
% of All Funds
1.27%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
15
Increased
22
Reduced
20
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
+$4.81M
2
RJFSA
Raymond James Financial Services Advisors
Florida
+$2.64M
3
KIM
Karpus Investment Management
New York
+$2.3M
4
ACM
Anfield Capital Management
California
+$1.66M
5
Morgan Stanley
Morgan Stanley
New York
+$1.02M

Top Sellers

Rank Fund Capital Flow
1
AAM
Advisors Asset Management
Colorado
-$2.48M
2
GEM
Global Endowment Management
North Carolina
-$1.46M
3
GC
Guggenheim Capital
Illinois
-$1.21M
4
WAM
Wolverine Asset Management
Illinois
-$592K
5
CRC
Curi RMB Capital
Illinois
-$519K
Name Holding Trade Value Shares
Change 		Change in
Stake
SVWAG
51
Sound View Wealth Advisors Group
Georgia
$201K +$188K +7,099 New
CCA
52
Column Capital Advisors
Indiana
$175K – – –
WWM
53
Wolff Wiese Magana
California
$120K +$112K +4,248 New
Fifth Third Bancorp
54
Fifth Third Bancorp
Ohio
$82K +$11.9K +450 +18%
PB
55
Pinnacle Bancorp
Nebraska
$75K – – –
Rockefeller Capital Management
56
Rockefeller Capital Management
New York
$62K +$27.2K +1,028 +87%
GWM
57
Geneos Wealth Management
Colorado
$48K -$3.96K -150 -8%
CWM
58
Cedar Wealth Management
California
$48K – – –
VBCG
59
Valley Brook Capital Group
Pennsylvania
$42K +$39.8K +1,508 New
Northwestern Mutual Wealth Management
60
Northwestern Mutual Wealth Management
Wisconsin
$37K +$8.59K +325 +33%
APA
61
American Portfolios Advisors
New York
$33.6K – – –
AA
62
Ancora Advisors
Ohio
$27K -$4.38K -166 -15%
Carson Wealth (CWM LLC)
63
Carson Wealth (CWM LLC)
Nebraska
$24K – – –
FIA
64
FNY Investment Advisers
New York
$22K +$21.1K +800 New
TFGT
65
TS Financial Group (TSFG)
Illinois
$21K – – –
Bank of Montreal
66
Bank of Montreal
Ontario, Canada
$20K +$18.5K +700 New
TPWA
67
TRUE Private Wealth Advisors
Oregon
$19K – – –
BWA
68
BDO Wealth Advisors
Florida
$12K – – –
TRCT
69
Tower Research Capital (TRC)
New York
$3K +$2.51K +95 New
CB
70
Community Bank
New York
$2K +$1.74K +66 New
IAIM
71
International Assets Investment Management
Florida
$1K -$291K -11,000 -100%
BFEC
72
Benjamin F. Edwards & Company
Missouri
$1K +$1.14K +43 New
GEM
73
Global Endowment Management
North Carolina
– -$1.46M -60,000 Closed
WAM
74
Wolverine Asset Management
Illinois
– -$592K -24,404 Closed
CRC
75
Curi RMB Capital
Illinois
– -$519K -21,364 Closed
1 2
3
4

NIE Hedge Fund Activity: Q4 2020 in Review

72 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Virtus Equity & Convertible Income Fund (NIE) for Q4 2020, worth a combined $190M — up 24% from $154M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new NIE positions and 6 closed out — a net gain of 9 holders — while 22 added to existing stakes and 20 trimmed.

The largest buyer was Wells Fargo, adding an estimated $4.81M. The largest seller was Advisors Asset Management, cutting an estimated $2.48M.

  • 72 institutional investors held Virtus Equity & Convertible Income Fund (NIE) as of Q4 2020, up from 63 in Q3 2020.
  • Funds reported $190M of Virtus Equity & Convertible Income Fund stock for Q4 2020, up 24% quarter-over-quarter.
  • 15 funds opened new Virtus Equity & Convertible Income Fund positions in Q4 2020 and 6 closed out, a net change of +9 holders.
  • The largest Virtus Equity & Convertible Income Fund buyer in Q4 2020 was Wells Fargo, an estimated $4.81M added.
  • The largest Virtus Equity & Convertible Income Fund seller in Q4 2020 was Advisors Asset Management, an estimated $2.48M sold.

Based on aggregated 13F filings for Q4 2020.