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NIE

Virtus Equity & Convertible Income Fund
NIE

90 hedge funds and large institutions have $185M invested in Virtus Equity & Convertible Income Fund in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 37 increasing their positions, 25 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 25

3% more capital invested

Capital invested by funds: $181M → $185M (+$4.69M)

6% less funds holding

Funds holding: 96 → 90 (-6)

50% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 8

Holders
90
Holders Change
-6
Holders Change %
-6.25%
% of All Funds
1.09%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
37
Reduced
25
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$7.55M
2
GC
Guggenheim Capital
Illinois
+$1.49M
3
LPL Financial
LPL Financial
California
+$1.44M
4
P
&Partners
Tennessee
+$718K
5
Calamos Advisors
Calamos Advisors
Illinois
+$657K

Top Sellers

Rank Fund Capital Flow
1
CA
Cornerstone Advisors
North Carolina
-$2.91M
2
Wells Fargo
Wells Fargo
California
-$1.66M
3
WAM
Wolverine Asset Management
Illinois
-$1.31M
4
SFS
Shaker Financial Services
Virginia
-$959K
5
Stifel Financial
Stifel Financial
Missouri
-$892K
Name Holding Trade Value Shares
Change 		Change in
Stake
BKA
51
Brick & Kyle Associates
Pennsylvania
$411K -$9.35K -369 -2%
PI
52
PFG Investments
New York
$373K +$1.17K +46 +0.3%
IFWM
53
Institute for Wealth Management
Colorado
$365K -$4.05K -160 -1%
AQR Capital Management
54
AQR Capital Management
Connecticut
$360K – – –
Janney Montgomery Scott
55
Janney Montgomery Scott
Pennsylvania
$350K -$31.6K -1,246 -8%
IAIM
56
International Assets Investment Management
Florida
$312K – – –
WS
57
Wedbush Securities
California
$312K +$76.2K +3,008 +32%
SA
58
Sanctuary Advisors
Indiana
$295K – – –
LSC
59
Logan Stone Capital
Illinois
$283K +$288K +11,369 New
SCA
60
SMH Capital Advisors
Texas
$266K – – –
KA
61
Kovack Advisors
Florida
$253K +$257K +10,141 New
GAA
62
Global Assets Advisory
Florida
$249K – – –
JIC
63
Joel Isaacson & Co
New York
$249K – – –
DWP
64
Daymark Wealth Partners
Ohio
$241K – – –
HA
65
Huntleigh Advisors
Missouri
$234K +$4.18K +165 +2%
DC
66
Davenport & Co
Virginia
$230K – – –
BCA
67
Bay Colony Advisors
Massachusetts
$230K +$5.98K +236 +3%
LCM
68
Landscape Capital Management
New Jersey
$206K -$233K -9,213 -53%
OC
69
Oppenheimer & Co
New York
$204K +$1.7K +67 +0.8%
SWM
70
Silverlake Wealth Management
Vermont
$203K – – –
Comerica Bank
71
Comerica Bank
Texas
$202K +$1.17K +46 +0.6%
NA
72
NewEdge Advisors
Louisiana
$181K +$2.86K +113 +2%
BBPWM
73
Blue Bell Private Wealth Management
Pennsylvania
$166K +$130K +5,136 +338%
Rockefeller Capital Management
74
Rockefeller Capital Management
New York
$114K – – –
WWM
75
Wolff Wiese Magana
California
$106K – – –
1 2
3
4

NIE Hedge Fund Activity: Q4 2025 in Review

90 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Virtus Equity & Convertible Income Fund (NIE) for Q4 2025, worth a combined $185M — up 2.6% from $181M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of NIE and 4 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 37 added.

The largest buyer was Saba Capital Management, opening a new position worth an estimated $7.55M. The largest seller was Cornerstone Advisors, cutting an estimated $2.91M.

  • 90 institutional investors held Virtus Equity & Convertible Income Fund (NIE) as of Q4 2025, down from 96 in Q3 2025.
  • Funds reported $185M of Virtus Equity & Convertible Income Fund stock for Q4 2025, up 2.6% quarter-over-quarter.
  • 4 funds opened new Virtus Equity & Convertible Income Fund positions in Q4 2025 and 8 closed out, a net change of -4 holders.
  • The largest Virtus Equity & Convertible Income Fund buyer in Q4 2025 was Saba Capital Management, an estimated $7.55M added.
  • The largest Virtus Equity & Convertible Income Fund seller in Q4 2025 was Cornerstone Advisors, an estimated $2.91M sold.

Based on aggregated 13F filings for Q4 2025.