Virtus Global Multi-Sector Income Fund
21 hedge funds and large institutions have $49.7M invested in Virtus Global Multi-Sector Income Fund in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 12 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
3% less capital invested
Capital invested by funds: $51.1M → $49.7M (-$1.49M)
2.28% less ownership
Funds ownership: 28.69% → 26.4% (-2.3%)
28% less funds holding
Funds holding: 29 → 21 (-8)
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$1.06M |
| 2 |
Morgan Stanley
New York
|
+$645K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$641K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$246K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.45M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$911K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$904K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$806K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$699K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| – | -$609K | -38,464 | Closed |
|
27
SG Americas Securities
New York
| – | -$341K | -21,495 | Closed |
|
|
BFM
28
Boothbay Fund Management
New York
| – | -$288K | -18,153 | Closed |
|
|
VKH
29
Virtu KCG Holdings
New York
| – | -$270K | -17,047 | Closed |
|
|
TJHA
30
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$48K | -3,001 | Closed |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$44K | -2,761 | Closed |
|
|
PAM
32
Panagora Asset Management
Boston,
Massachusetts
| – | -$26K | -1,648 | Closed |
|
|
BRWA
33
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$20 | -1,250 | Closed |
|
VGI Hedge Fund Activity: Q1 2015 in Review
21 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Virtus Global Multi-Sector Income Fund (VGI) for Q1 2015, worth a combined $49.7M — down 2.9% from $51.1M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of VGI and 4 opened new positions — a net loss of 8 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was Yorktown Management & Research Company, opening a new position worth an estimated $1.06M. The largest seller was Mariner Investment Group, exiting entirely with an estimated $1.45M sold.
- 21 institutional investors held Virtus Global Multi-Sector Income Fund (VGI) as of Q1 2015, down from 29 in Q4 2014.
- Funds reported $49.7M of Virtus Global Multi-Sector Income Fund stock for Q1 2015, down 2.9% quarter-over-quarter.
- 4 funds opened new Virtus Global Multi-Sector Income Fund positions in Q1 2015 and 12 closed out, a net change of -8 holders.
- The largest Virtus Global Multi-Sector Income Fund buyer in Q1 2015 was Yorktown Management & Research Company, an estimated $1.06M added.
- The largest Virtus Global Multi-Sector Income Fund seller in Q1 2015 was Mariner Investment Group, an estimated $1.45M sold.
Based on aggregated 13F filings for Q1 2015.