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NIE

Virtus Equity & Convertible Income Fund

Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Advisors Asset Management
Colorado
$18.8M +$3.1M +148,292 +20%
Morgan Stanley
2
Morgan Stanley
New York
$18M -$465K -22,231 -3%
Wells Fargo
3
Wells Fargo
California
$15.7M -$2.95M -141,044 -16%
GC
4
Guggenheim Capital
Illinois
$15.3M +$2.16M +103,387 +17%
UBS Group
5
UBS Group
Switzerland
$5.16M -$173K -8,245 -3%
RCM
6
Rivernorth Capital Management
Florida
$4.73M -$1.52M -72,853 -25%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$3.71M +$69.2K +3,308 +2%
Invesco
8
Invesco
Georgia
$3.26M -$754K -36,059 -19%
Bank of America
9
Bank of America
North Carolina
$2.42M +$969K +46,300 +68%
RJA
10
Raymond James & Associates
Florida
$2.14M +$71.3K +3,407 +3%
PPA
11
Parametric Portfolio Associates
Washington
$1.89M +$111K +5,313 +6%
XS
12
XML Securities
Maryland
$1.78M +$1.76M +84,065 New
LTFS
13
Ladenburg Thalmann Financial Services
Florida
$1.38M +$1.19M +56,737 +657%
GEM
14
Global Endowment Management
North Carolina
$1.27M
SEI Investments
15
SEI Investments
Pennsylvania
$1.26M +$492K +23,529 New
AG
16
Advisor Group
Arizona
$1.23M +$977K +46,702 +399%
TC
17
Telemus Capital
Michigan
$1.06M +$52.3K +2,500 +5%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$807K -$873K -41,702 -52%
KFGK
19
Keystone Financial Group (Kentucky)
Kentucky
$751K +$718K +34,325 New
RIL
20
Rothschild Investment LLC
Illinois
$708K
BTS
21
BB&T Securities
Virginia
$596K +$11.7K +559 +2%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$568K -$136K -6,522 -20%
CA
23
Cetera Advisors
Colorado
$551K
IFWM
24
Institute for Wealth Management
Colorado
$457K +$10.9K +523 +2%
BKA
25
Brick & Kyle Associates
Pennsylvania
$444K +$5.23K +250 +1%