NIE

Virtus Equity & Convertible Income Fund
NIE

Overview Fund Activity

50 hedge funds and large institutions have $113M invested in Virtus Equity & Convertible Income Fund in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 24 reducing their positions, and 7 closing their positions.

Holders
50
Holders Change
-2
Holders Change %
-3.85%
% of All Funds
1.4%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
12
Reduced
24
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
KIM
1
Karpus Investment Management
New York
$17.8M
2
WAM
2
Wolverine Asset Management
Illinois
$4.66M
3
Morgan Stanley
3
Morgan Stanley
New York
$5.12M
4
UBS Group
4
UBS Group
Switzerland
$5.09M
5
PNC Financial Services Group
5
PNC Financial Services Group
Pennsylvania
$967K

Top Sellers

1
AAM
1
Advisors Asset Management
Colorado
$24.5M
2
Wells Fargo
2
Wells Fargo
California
$4.64M
3
RCM
3
Rivernorth Capital Management
Florida
$12.1M
4
Bank of America
4
Bank of America
North Carolina
$1.9M
5
Invesco
5
Invesco
Georgia
$4.4M
Name Market Value Shares Shares
Change 		Shares
Change %
AAM
1
Advisors Asset Management
Colorado
$24.5M 1,422,847 -316,040 -18%
KIM
2
Karpus Investment Management
New York
$17.8M 1,033,258 +572,205 +124%
RCM
3
Rivernorth Capital Management
Florida
$12.1M 705,997 -104,385 -13%
GC
4
Guggenheim Capital
Illinois
$7.54M 438,863 +11,679 +3%
Morgan Stanley
5
Morgan Stanley
New York
$5.12M 297,940 +67,971 +30%
UBS Group
6
UBS Group
Switzerland
$5.09M 296,305 +52,867 +22%
WAM
7
Wolverine Asset Management
Illinois
$4.66M 270,808 +211,442 +356%
Wells Fargo
8
Wells Fargo
California
$4.64M 269,659 -122,243 -31%
Invesco
9
Invesco
Georgia
$4.4M 255,717 -24,078 -9%
PPA
10
Parametric Portfolio Associates
Washington
$4.21M 244,729 +41,074 +20%
1CP
11
1607 Capital Partners
Virginia
$2.85M 166,000 -2,800 -2%
RVPG
12
Relative Value Partners Group
$2.54M 147,788 -6,252 -4%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$2.47M 143,920 -7,269 -5%
Bank of America
14
Bank of America
North Carolina
$1.9M 110,406 -33,674 -23%
OC
15
Oppenheimer & Co
New York
$1.89M 110,027 +8,021 +8%
RJA
16
Raymond James & Associates
Florida
$1.65M 95,770 +7,534 +9%
LPL Financial
17
LPL Financial
California
$1.28M 72,060 -9,159 -11%
GEM
18
Global Endowment Management
North Carolina
$1.03M 60,000 – –
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$967K 56,213 +48,029 +587%
LCM
20
Landscape Capital Management
New Jersey
$770K 44,787 -1,084 -2%
RIL
21
Rothschild Investment LLC
Illinois
$651K 37,896 – –
DA
22
Doliver Advisors
Texas
$566K 32,949 -23,017 -41%
VKH
23
Virtu KCG Holdings
New York
$548K 31,892 -19,286 -38%
PCM
24
Pointe Capital Management
Michigan
$427K 24,840 +1,000 +4%
CWM
25
Concert Wealth Management
California
$385K 22,459 -401 -2%
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