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NIE

Virtus Equity & Convertible Income Fund

77 hedge funds and large institutions have $146M invested in Virtus Equity & Convertible Income Fund in 2025 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.82% less ownership

Funds ownership: 24.64%23.82% (-0.82%)

8% less funds holding

Funds holding: 8477 (-7)

13% less capital invested

Capital invested by funds: $168M → $146M (-$22.5M)

23% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 30

36% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 14

Holders
77
Holders Change
-7
Holders Change %
-8.33%
% of All Funds
1.03%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
23
Reduced
30
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$23.1M -$846K -35,376 -3%
AAM
2
Advisors Asset Management
Colorado
$22.3M -$1.38M -57,613 -5%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$12.4M +$1.62M +67,801 +14%
Morgan Stanley
4
Morgan Stanley
New York
$12.3M +$1.29M +53,799 +11%
Raymond James Financial
5
Raymond James Financial
Florida
$10.5M -$1.41M -58,775 -11%
GC
6
Guggenheim Capital
Illinois
$10M -$923K -38,600 -8%
Wealth Enhancement Advisory Services
7
Wealth Enhancement Advisory Services
Minnesota
$8.32M +$18.7K +780 +0.2%
SDWIA
8
Schwarz Dygos Wheeler Investment Advisors
Minnesota
$4.57M -$350K -14,634 -7%
UBS Group
9
UBS Group
Switzerland
$3.99M -$304K -12,715 -7%
LPL Financial
10
LPL Financial
California
$3.93M +$799K +33,397 +23%
Bank of America
11
Bank of America
North Carolina
$3.01M -$809K -33,811 -20%
Invesco
12
Invesco
Georgia
$2.88M +$132K +5,522 +4%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$2.01M -$109K -4,570 -5%
Osaic Holdings
14
Osaic Holdings
Arizona
$1.67M +$246K +10,302 +16%
OC
15
OxenFree Capital
Florida
$1.41M +$12.5K +521 +0.8%
SFS
16
Shaker Financial Services
Virginia
$1.41M +$1.52M +63,582 New
CIA
17
Capital Investment Advisors
Georgia
$1.34M -$66.1K -2,763 -4%
GEM
18
Global Endowment Management
North Carolina
$1.33M
IWC
19
Integrated Wealth Concepts
Massachusetts
$1.19M -$130K -5,449 -9%
Thrivent Financial for Lutherans
20
Thrivent Financial for Lutherans
Minnesota
$1.17M +$150K +6,278 +14%
KAS
21
Kestra Advisory Services
Texas
$886K -$49.1K -2,055 -5%
KFGK
22
Keystone Financial Group (Kentucky)
Kentucky
$880K -$10.1K -421 -1%
AF
23
Allworth Financial
California
$784K -$388K -16,233 -31%
HWAM
24
Hennion & Walsh Asset Management
New Jersey
$766K -$2.49K -104 -0.3%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$711K -$270K -11,296 -26%

NIE Hedge Fund Activity: Q1 2025 in Review

77 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Virtus Equity & Convertible Income Fund (NIE) for Q1 2025, worth a combined $146M — down 13% from $168M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of NIE and 9 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 23 added.

The largest buyer was Royal Bank of Canada, adding an estimated $1.62M. The largest seller was Sanctuary Advisors, cutting an estimated $1.66M.

  • 77 institutional investors held Virtus Equity & Convertible Income Fund (NIE) as of Q1 2025, down from 84 in Q4 2024.
  • Funds reported $146M of Virtus Equity & Convertible Income Fund stock for Q1 2025, down 13% quarter-over-quarter.
  • 9 funds opened new Virtus Equity & Convertible Income Fund positions in Q1 2025 and 14 closed out, a net change of -5 holders.
  • The largest Virtus Equity & Convertible Income Fund buyer in Q1 2025 was Royal Bank of Canada, an estimated $1.62M added.
  • The largest Virtus Equity & Convertible Income Fund seller in Q1 2025 was Sanctuary Advisors, an estimated $1.66M sold.

Based on aggregated 13F filings for Q1 2025.