Virtus Equity & Convertible Income Fund
NIE
86 hedge funds and large institutions have $167M invested in Virtus Equity & Convertible Income Fund in 2026 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 7 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
4% less funds holding
Funds holding: 90 → 86 (-4)
10% less capital invested
Capital invested by funds: $185M → $167M (-$18.6M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.58M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.48M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$844K |
| 4 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$598K |
| 5 |
LPL Financial
San Diego,
California
|
+$518K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4.53M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$3.62M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.72M |
| 4 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
-$1.03M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$558K |
NIE Hedge Fund Activity: Q1 2026 in Review
86 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Virtus Equity & Convertible Income Fund (NIE) for Q1 2026, worth a combined $167M — down 10% from $185M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NIE and 4 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 35 added.
The largest buyer was Saba Capital Management, adding an estimated $1.58M. The largest seller was Advisors Asset Management, cutting an estimated $4.53M.
- 86 institutional investors held Virtus Equity & Convertible Income Fund (NIE) as of Q1 2026, down from 90 in Q4 2025.
- Funds reported $167M of Virtus Equity & Convertible Income Fund stock for Q1 2026, down 10% quarter-over-quarter.
- 4 funds opened new Virtus Equity & Convertible Income Fund positions in Q1 2026 and 7 closed out, a net change of -3 holders.
- The largest Virtus Equity & Convertible Income Fund buyer in Q1 2026 was Saba Capital Management, an estimated $1.58M added.
- The largest Virtus Equity & Convertible Income Fund seller in Q1 2026 was Advisors Asset Management, an estimated $4.53M sold.
Based on aggregated 13F filings for Q1 2026.