Virtus Equity & Convertible Income Fund
NIE
77 hedge funds and large institutions have $205M invested in Virtus Equity & Convertible Income Fund in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 25 reducing their positions, and 9 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 25
8% more capital invested
Capital invested by funds: $190M → $205M (+$15.2M)
0.01% more ownership
Funds ownership: 24.49% → 24.5% (+0.01%)
0% more funds holding
Funds holding: 77 → 77 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.78M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.44M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.08M |
| 4 |
ACM
Anfield Capital Management
Irvine,
California
|
+$1.77M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$553K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.82M |
| 2 |
Cohen & Steers
New York
|
-$2.72M |
| 3 |
XF
XML Financial
Bethesda,
Maryland
|
-$2.62M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$941K |
| 5 |
GG
Golden Green
Seneca,
South Carolina
|
-$543K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citigroup
New York
| $12K | -$232K | -8,000 | -95% |
|
|
77
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$941K | -33,605 | Closed |
|
|
GG
78
Golden Green
Seneca,
South Carolina
| – | -$543K | -19,400 | Closed |
|
79
Citadel Advisors
Miami,
Florida
| – | -$361K | -12,871 | Closed |
|
|
MA
80
MUFG Americas
New York
| – | -$84K | -3,000 | Closed |
|
|
VWM
81
Venturi Wealth Management
Austin,
Texas
| – | -$50K | -1,768 | Closed |
|
|
VBCG
82
Valley Brook Capital Group
Venetia,
Pennsylvania
| – | -$42K | -1,508 | Closed |
|
|
WAP
83
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$22K | -770 | Closed |
|
|
WCM
84
Wealthcare Capital Management
Richmond,
Virginia
| – | -$3K | -115 | Closed |
|
|
IAIM
85
International Assets Investment Management
Orlando,
Florida
| – | -$1K | -46 | Closed |
|
86
Fidelity Investments
Boston,
Massachusetts
| – | +$116 | +4 | New |
|
NIE Hedge Fund Activity: Q2 2021 in Review
77 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Virtus Equity & Convertible Income Fund (NIE) for Q2 2021, worth a combined $205M — up 8% from $190M a quarter earlier.
Fund positioning in NIE was balanced in Q2 2021: 9 funds opened new positions, 9 closed out, 28 added to existing stakes and 25 trimmed.
The largest buyer was Cornerstone Advisors, adding an estimated $4.78M. The largest seller was Karpus Investment Management, cutting an estimated $5.82M.
- 77 institutional investors held Virtus Equity & Convertible Income Fund (NIE) as of Q2 2021, unchanged from Q1 2021.
- Funds reported $205M of Virtus Equity & Convertible Income Fund stock for Q2 2021, up 8% quarter-over-quarter.
- 9 funds opened new Virtus Equity & Convertible Income Fund positions in Q2 2021 and 9 closed out, a net change of 0 holders.
- The largest Virtus Equity & Convertible Income Fund buyer in Q2 2021 was Cornerstone Advisors, an estimated $4.78M added.
- The largest Virtus Equity & Convertible Income Fund seller in Q2 2021 was Karpus Investment Management, an estimated $5.82M sold.
Based on aggregated 13F filings for Q2 2021.