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NIE

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.

New
Increased
Maintained
Reduced
Closed

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

Holders
84
Holders Change
+2
Holders Change %
+2.44%
% of All Funds
1.11%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
26
Reduced
30
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AAM
Advisors Asset Management
Colorado
+$2.66M
2
KAS
Kestra Advisory Services
Texas
+$1M
3
Wells Fargo
Wells Fargo
California
+$938K
4
LPL Financial
LPL Financial
California
+$640K
5
CIA
Concurrent Investment Advisors
Florida
+$421K

Top Sellers

Rank Fund Capital Flow
1
IAIM
International Assets Investment Management
Florida
-$6.65M
2
Allspring Global Investments
Allspring Global Investments
North Carolina
-$3.43M
3
WAM
Wolverine Asset Management
Illinois
-$1.69M
4
AF
Allworth Financial
California
-$892K
5
LCM
Landscape Capital Management
New Jersey
-$822K
Name Holding Trade Value Shares
Change 		Change in
Stake
WIM
76
Westside Investment Management
California
$8.63K – – –
SSB
77
Sandy Spring Bank
Maryland
$8.02K +$7.75K +325 New
PWA
78
Provenance Wealth Advisors
Florida
$6.68K – – –
WA
79
WPG Advisers
Maryland
$5.55K +$5.37K +225 New
SFCL
80
Strengthening Families & Communities LLC
Massachusetts
$4K -$2.38K -100 -37%
GWM
81
Geneos Wealth Management
Colorado
$3.7K -$24 -1 -0.7%
PS
82
Principal Securities
Iowa
$2.52K – – –
CWM
83
Cedar Wealth Management
California
$1.95K – – –
HCM
84
Hollencrest Capital Management
California
$1.63K – – –
WAM
85
Wolverine Asset Management
Illinois
– -$1.69M -73,544 Closed
CA
86
Cornerstone Advisors
North Carolina
– -$705K -30,641 Closed
Walleye Capital
87
Walleye Capital
New York
– -$475K -20,643 Closed
SFS
88
Shaker Financial Services
Virginia
– -$401K -17,425 Closed
MA
89
Montag & Associates
Georgia
– -$122K -5,314 Closed
BBPWM
90
Blue Bell Private Wealth Management
Pennsylvania
– -$27.7K -1,204 Closed
ATS
91
Ashton Thomas Securities
New York
– -$23K -1,000 Closed
1 2 3
4

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.