Virtus Equity & Convertible Income Fund
NIE
87 hedge funds and large institutions have $168M invested in Virtus Equity & Convertible Income Fund in 2025 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 26 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
23% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 26
14% more capital invested
Capital invested by funds: $147M → $168M (+$20.4M)
12% more funds holding
Funds holding: 78 → 87 (+9)
1.27% more ownership
Funds ownership: 24.07% → 25.34% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.45M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.53M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.16M |
| 4 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$893K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$848K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$1.53M |
| 2 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$1.33M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$734K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$513K |
| 5 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$448K |
NIE Hedge Fund Activity: Q2 2025 in Review
87 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Virtus Equity & Convertible Income Fund (NIE) for Q2 2025, worth a combined $168M — up 14% from $147M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NIE positions and 4 closed out — a net gain of 9 holders — while 32 added to existing stakes and 26 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $3.45M. The largest seller was B. Riley Wealth Advisors, exiting entirely with an estimated $1.53M sold.
- 87 institutional investors held Virtus Equity & Convertible Income Fund (NIE) as of Q2 2025, up from 78 in Q1 2025.
- Funds reported $168M of Virtus Equity & Convertible Income Fund stock for Q2 2025, up 14% quarter-over-quarter.
- 13 funds opened new Virtus Equity & Convertible Income Fund positions in Q2 2025 and 4 closed out, a net change of +9 holders.
- The largest Virtus Equity & Convertible Income Fund buyer in Q2 2025 was Wolverine Asset Management, an estimated $3.45M added.
- The largest Virtus Equity & Convertible Income Fund seller in Q2 2025 was B. Riley Wealth Advisors, an estimated $1.53M sold.
Based on aggregated 13F filings for Q2 2025.