Virtus Global Multi-Sector Income Fund
29 hedge funds and large institutions have $51.1M invested in Virtus Global Multi-Sector Income Fund in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
16% more funds holding
Funds holding: 25 → 29 (+4)
0.72% less ownership
Funds ownership: 29.4% → 28.69% (-0.72%)
9% less capital invested
Capital invested by funds: $56.5M → $51.1M (-$5.34M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.19M |
| 2 |
Morgan Stanley
New York
|
+$1.01M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$944K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$590K |
| 5 |
SG Americas Securities
New York
|
+$356K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$3.38M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.05M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$302K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$177K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$93.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $25K | +$17.8K | +1,076 | +207% |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $7K | – | – | – |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $2K | – | – | – |
|
|
BRWA
29
B. Riley Wealth Advisors
Boca Raton,
Florida
| $20 | +$20.7K | +1,250 | New |
|
|
30
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$3.38M | -197,649 | Closed |
|
31
Ameriprise
Minneapolis,
Minnesota
| – | -$20K | -1,150 | Closed |
|
VGI Hedge Fund Activity: Q4 2014 in Review
29 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Virtus Global Multi-Sector Income Fund (VGI) for Q4 2014, worth a combined $51.1M — down 9.5% from $56.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new VGI positions and 2 closed out — a net gain of 5 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.19M. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $3.38M sold.
- 29 institutional investors held Virtus Global Multi-Sector Income Fund (VGI) as of Q4 2014, up from 25 in Q3 2014.
- Funds reported $51.1M of Virtus Global Multi-Sector Income Fund stock for Q4 2014, down 9.5% quarter-over-quarter.
- 7 funds opened new Virtus Global Multi-Sector Income Fund positions in Q4 2014 and 2 closed out, a net change of +5 holders.
- The largest Virtus Global Multi-Sector Income Fund buyer in Q4 2014 was Advisors Asset Management, an estimated $1.19M added.
- The largest Virtus Global Multi-Sector Income Fund seller in Q4 2014 was Cambridge Investment Research Advisors, an estimated $3.38M sold.
Based on aggregated 13F filings for Q4 2014.