Virtus Equity & Convertible Income Fund
NIE
65 hedge funds and large institutions have $141M invested in Virtus Equity & Convertible Income Fund in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 20 reducing their positions, and 9 closing their positions.
25% more capital invested
Capital invested by funds: $113M → $141M (+$28.6M)
0.84% more ownership
Funds ownership: 21.81% → 22.64% (+0.84%)
0% more funds holding
Funds holding: 65 → 65 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
5% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.74M |
| 2 |
Morgan Stanley
New York
|
+$2.93M |
| 3 |
Cohen & Steers
New York
|
+$1.08M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$696K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.12M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.33M |
| 3 |
ACM
Anfield Capital Management
Irvine,
California
|
-$874K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$533K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$321K |
NIE Hedge Fund Activity: Q2 2020 in Review
65 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Virtus Equity & Convertible Income Fund (NIE) for Q2 2020, worth a combined $141M — up 25% from $113M a quarter earlier.
Fund positioning in NIE was balanced in Q2 2020: 9 funds opened new positions, 9 closed out, 19 added to existing stakes and 20 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.74M. The largest seller was Guggenheim Capital, cutting an estimated $3.12M.
- 65 institutional investors held Virtus Equity & Convertible Income Fund (NIE) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $141M of Virtus Equity & Convertible Income Fund stock for Q2 2020, up 25% quarter-over-quarter.
- 9 funds opened new Virtus Equity & Convertible Income Fund positions in Q2 2020 and 9 closed out, a net change of 0 holders.
- The largest Virtus Equity & Convertible Income Fund buyer in Q2 2020 was Wells Fargo, an estimated $3.74M added.
- The largest Virtus Equity & Convertible Income Fund seller in Q2 2020 was Guggenheim Capital, an estimated $3.12M sold.
Based on aggregated 13F filings for Q2 2020.