Virtus Global Multi-Sector Income Fund
31 hedge funds and large institutions have $29M invested in Virtus Global Multi-Sector Income Fund in 2017 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 7 closing their positions.
0.14% less ownership
Funds ownership: 14.84% → 14.7% (-0.14%)
4% less capital invested
Capital invested by funds: $30.2M → $29M (-$1.25M)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
3% less funds holding
Funds holding: 32 → 31 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.48M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$612K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$564K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$445K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$856K |
| 2 |
Morgan Stanley
New York
|
-$667K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$557K |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$511K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$479K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Liberty Capital Management
Birmingham,
Michigan
| $55K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $18K | – | – | – |
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $12K | +$11.9K | +659 | New |
|
29
Citigroup
New York
| $11K | – | – | – |
|
|
FGC
30
Financial Gravity Companies
Lakeway,
Texas
| $3K | +$3.61K | +200 | New |
|
|
SPC
31
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$473K | -26,140 | Closed |
|
|
TSS
32
Two Sigma Securities
New York
| – | -$238K | -13,123 | Closed |
|
33
LPL Financial
San Diego,
California
| – | -$228K | -12,615 | Closed |
|
|
RJA
34
Raymond James & Associates
St Petersburg,
Florida
| – | -$204K | -11,287 | Closed |
|
|
NFG
35
Next Financial Group
Houston,
Texas
| – | -$14K | -735 | Closed |
|
|
GAM
36
Gemmer Asset Management
Walnut Creek,
California
| – | -$4K | -200 | Closed |
|
|
PCM
37
Penserra Capital Management
Orinda,
California
| – | -$2K | -144 | Closed |
|
|
WCAMG
38
Woodard & Company Asset Management Group
Bermuda Run,
North Carolina
| – | +$2.24K | +124 | New |
|
VGI Hedge Fund Activity: Q4 2017 in Review
31 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Virtus Global Multi-Sector Income Fund (VGI) for Q4 2017, worth a combined $29M — down 4.1% from $30.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of VGI and 6 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 10 added.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.48M. The largest seller was Guggenheim Capital, cutting an estimated $856K.
- 31 institutional investors held Virtus Global Multi-Sector Income Fund (VGI) as of Q4 2017, down from 32 in Q3 2017.
- Funds reported $29M of Virtus Global Multi-Sector Income Fund stock for Q4 2017, down 4.1% quarter-over-quarter.
- 6 funds opened new Virtus Global Multi-Sector Income Fund positions in Q4 2017 and 7 closed out, a net change of -1 holder.
- The largest Virtus Global Multi-Sector Income Fund buyer in Q4 2017 was Laurion Capital Management, an estimated $1.48M added.
- The largest Virtus Global Multi-Sector Income Fund seller in Q4 2017 was Guggenheim Capital, an estimated $856K sold.
Based on aggregated 13F filings for Q4 2017.