Virtus Global Multi-Sector Income Fund
32 hedge funds and large institutions have $30.2M invested in Virtus Global Multi-Sector Income Fund in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
14% more funds holding
Funds holding: 28 → 32 (+4)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
4.67% less ownership
Funds ownership: 19.51% → 14.84% (-4.7%)
20% less capital invested
Capital invested by funds: $37.6M → $30.2M (-$7.36M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$623K |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$453K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$365K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$347K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.08M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.04M |
| 3 |
Morgan Stanley
New York
|
-$756K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$571K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$437K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $103K | +$23.6K | +1,359 | +31% |
|
|
LCM
27
Liberty Capital Management
Birmingham,
Michigan
| $58K | – | – | – |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $19K | +$4.21K | +243 | +30% |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $14K | -$142K | -8,201 | -92% |
|
30
Citigroup
New York
| $12K | +$10.5K | +608 | +2,097% |
|
|
GAM
31
Gemmer Asset Management
Walnut Creek,
California
| $4K | – | – | – |
|
|
PCM
32
Penserra Capital Management
Orinda,
California
| $2K | -$2.58K | -149 | -51% |
|
|
SIA
33
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$5.08M | -297,311 | Closed |
|
34
Millennium Management
New York
| – | -$183K | -10,722 | Closed |
|
VGI Hedge Fund Activity: Q3 2017 in Review
32 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Virtus Global Multi-Sector Income Fund (VGI) for Q3 2017, worth a combined $30.2M — down 20% from $37.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new VGI positions and 2 closed out — a net gain of 4 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $623K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $5.08M sold.
- 32 institutional investors held Virtus Global Multi-Sector Income Fund (VGI) as of Q3 2017, up from 28 in Q2 2017.
- Funds reported $30.2M of Virtus Global Multi-Sector Income Fund stock for Q3 2017, down 20% quarter-over-quarter.
- 6 funds opened new Virtus Global Multi-Sector Income Fund positions in Q3 2017 and 2 closed out, a net change of +4 holders.
- The largest Virtus Global Multi-Sector Income Fund buyer in Q3 2017 was Commonwealth Equity Services, an estimated $623K added.
- The largest Virtus Global Multi-Sector Income Fund seller in Q3 2017 was Sit Investment Associates, an estimated $5.08M sold.
Based on aggregated 13F filings for Q3 2017.