NIE

Virtus Equity & Convertible Income Fund
NIE

Overview Fund Activity

50 hedge funds and large institutions have $104M invested in Virtus Equity & Convertible Income Fund in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
50
Holders Change
-7
Holders Change %
-12.28%
% of All Funds
1.25%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
15
Reduced
16
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
AAM
Advisors Asset Management
Colorado
$15.3M
2
Wells Fargo
Wells Fargo
California
$18.3M
3
GC
Guggenheim Capital
Illinois
$12.9M
4
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$1.46M
5
SCM
Saba Capital Management
New York
$719K

Top Sellers

1
KIM
Karpus Investment Management
New York
$1.83M
2
SFS
Shaker Financial Services
Virginia
$0
3
BC
Brinker Capital
Pennsylvania
$393K
4
RCM
Rivernorth Capital Management
Florida
$6.14M
5
NPC
National Planning Corporation
California
$0
Name Holding Trade Value Shares
Change 		Shares
Change %
Wells Fargo
1
Wells Fargo
California
$18.3M +$2.51M +121,314 +16%
Morgan Stanley
2
Morgan Stanley
New York
$18.1M -$527K -25,478 -3%
AAM
3
Advisors Asset Management
Colorado
$15.3M +$2.79M +134,954 +22%
GC
4
Guggenheim Capital
Illinois
$12.9M +$2.38M +114,834 +23%
RCM
5
Rivernorth Capital Management
Florida
$6.14M -$916K -44,275 -13%
UBS Group
6
UBS Group
Switzerland
$5.22M -$210K -10,166 -4%
Invesco
7
Invesco
Georgia
$3.94M -$665K -32,132 -14%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$3.57M +$142K +6,867 +4%
RJA
9
Raymond James & Associates
Florida
$2.03M -$47.1K -2,275 -2%
KIM
10
Karpus Investment Management
New York
$1.83M -$9.42M -455,111 -84%
PPA
11
Parametric Portfolio Associates
Washington
$1.74M +$545K +26,348 +46%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$1.65M +$185K +8,947 +13%
Bank of Nova Scotia
13
Bank of Nova Scotia
Ontario, Canada
$1.46M +$1.46M +70,516 New
Bank of America
14
Bank of America
North Carolina
$1.41M -$429K -20,734 -23%
GEM
15
Global Endowment Management
North Carolina
$1.24M – – –
TC
16
Telemus Capital
Michigan
$985K +$36.2K +1,750 +4%
SCM
17
Saba Capital Management
New York
$719K +$719K +34,744 New
RIL
18
Rothschild Investment LLC
Illinois
$694K – – –
RJFSA
19
Raymond James Financial Services Advisors
Florida
$691K +$21 +1 +0%
BTS
20
BB&T Securities
Virginia
$573K +$24K +1,160 +4%
CA
21
Cetera Advisors
Colorado
$542K +$68.8K +3,319 +15%
IFWM
22
Institute for Wealth Management
Colorado
$438K -$2.07K -100 -0.5%
BKA
23
Brick & Kyle Associates
Pennsylvania
$430K +$787 +38 +0.2%
BC
24
Brinker Capital
Pennsylvania
$393K -$1.25M -60,372 -76%
OC
25
Oppenheimer & Co
New York
$361K -$203K -9,807 -36%
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