Virtus Global Multi-Sector Income Fund
26 hedge funds and large institutions have $54.1M invested in Virtus Global Multi-Sector Income Fund in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 7 closing their positions.
8% more capital invested
Capital invested by funds: $50.2M → $54.1M (+$3.83M)
0.33% more ownership
Funds ownership: 31.54% → 31.87% (+0.33%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less funds holding
Funds holding: 31 → 26 (-5)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.91M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.81M |
| 3 |
CWA
Cypress Wealth Advisors
San Francisco,
California
|
+$640K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$350K |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$3.32M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.05M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$922K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$544K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$444K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $1K | -$351K | -24,002 | -100% |
|
|
LCM
27
Laurion Capital Management
New York
| – | -$3.32M | -234,054 | Closed |
|
|
PPA
28
Parametric Portfolio Associates
Seattle,
Washington
| – | -$922K | -65,033 | Closed |
|
|
DA
29
Doliver Advisors
Houston,
Texas
| – | -$279K | -19,676 | Closed |
|
|
LCM
30
Landscape Capital Management
Englewood,
New Jersey
| – | -$183K | -12,943 | Closed |
|
31
SG Americas Securities
New York
| – | -$150K | -10,567 | Closed |
|
32
Envestnet Asset Management
Chicago,
Illinois
| – | -$54K | -3,776 | Closed |
|
|
AIG
33
American International Group
New York
| – | -$16K | -1,100 | Closed |
|
VGI Hedge Fund Activity: Q2 2016 in Review
26 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Virtus Global Multi-Sector Income Fund (VGI) for Q2 2016, worth a combined $54.1M — up 7.6% from $50.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of VGI and 2 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Karpus Investment Management, adding an estimated $4.91M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $3.32M sold.
- 26 institutional investors held Virtus Global Multi-Sector Income Fund (VGI) as of Q2 2016, down from 31 in Q1 2016.
- Funds reported $54.1M of Virtus Global Multi-Sector Income Fund stock for Q2 2016, up 7.6% quarter-over-quarter.
- 2 funds opened new Virtus Global Multi-Sector Income Fund positions in Q2 2016 and 7 closed out, a net change of -5 holders.
- The largest Virtus Global Multi-Sector Income Fund buyer in Q2 2016 was Karpus Investment Management, an estimated $4.91M added.
- The largest Virtus Global Multi-Sector Income Fund seller in Q2 2016 was Laurion Capital Management, an estimated $3.32M sold.
Based on aggregated 13F filings for Q2 2016.