Virtus Global Multi-Sector Income Fund
VGI
27 hedge funds and large institutions have $20.1M invested in Virtus Global Multi-Sector Income Fund in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 8 closing their positions.
3.08% less ownership
Funds ownership: 14.7% → 11.62% (-3.1%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
13% less funds holding
Funds holding: 31 → 27 (-4)
31% less capital invested
Capital invested by funds: $29M → $20.1M (-$8.88M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UR
USCA RIA
Houston,
Texas
|
+$805K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$601K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$466K |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$418K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$268K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.22M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$1.43M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.35M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.18M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$700K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $10K | – | – | – |
|
27
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $10K | – | – | – |
|
|
LCM
28
Laurion Capital Management
New York
| – | -$1.43M | -81,707 | Closed |
|
|
29
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$1.35M | -77,034 | Closed |
|
|
30
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$700K | -39,975 | Closed |
|
|
OC
31
Oppenheimer & Co
New York
| – | -$216K | -12,320 | Closed |
|
|
CA
32
Calton & Associates
Tampa,
Florida
| – | -$56K | -3,606 | Closed |
|
|
LCM
33
Liberty Capital Management
Birmingham,
Michigan
| – | -$55K | -3,250 | Closed |
|
|
FGC
34
Financial Gravity Companies
Lakeway,
Texas
| – | -$3K | -200 | Closed |
|
VGI Hedge Fund Activity: Q1 2018 in Review
27 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Virtus Global Multi-Sector Income Fund (VGI) for Q1 2018, worth a combined $20.1M — down 31% from $29M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of VGI and 4 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was USCA RIA, adding an estimated $805K. The largest seller was Morgan Stanley, cutting an estimated $3.22M.
- 27 institutional investors held Virtus Global Multi-Sector Income Fund (VGI) as of Q1 2018, down from 31 in Q4 2017.
- Funds reported $20.1M of Virtus Global Multi-Sector Income Fund stock for Q1 2018, down 31% quarter-over-quarter.
- 4 funds opened new Virtus Global Multi-Sector Income Fund positions in Q1 2018 and 8 closed out, a net change of -4 holders.
- The largest Virtus Global Multi-Sector Income Fund buyer in Q1 2018 was USCA RIA, an estimated $805K added.
- The largest Virtus Global Multi-Sector Income Fund seller in Q1 2018 was Morgan Stanley, an estimated $3.22M sold.
Based on aggregated 13F filings for Q1 2018.