Virtus Global Multi-Sector Income Fund
32 hedge funds and large institutions have $27.4M invested in Virtus Global Multi-Sector Income Fund in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
19% more funds holding
Funds holding: 27 → 32 (+5)
12% more capital invested
Capital invested by funds: $24.5M → $27.4M (+$2.92M)
7.98% more ownership
Funds ownership: 17.15% → 25.13% (+8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.16M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.56M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.34M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$949K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$717K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$695K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$321K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$275K |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$223K |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$155K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $53K | – | – | – |
|
|
WEC
27
Winslow Evans & Crocker
Boston,
Massachusetts
| $36K | – | – | – |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $33K | +$3.27K | +270 | +8% |
|
29
Citigroup
New York
| $25K | +$787 | +65 | +3% |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5K | +$6.05K | +500 | New |
|
31
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2K | +$3.11K | +257 | New |
|
|
FHA
32
Flagship Harbor Advisors
Boston,
Massachusetts
| $1K | -$5.15K | -425 | -77% |
|
|
33
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$223K | -17,800 | Closed |
|
|
IAA
34
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$155K | -12,433 | Closed |
|
|
35
Ameriprise
Minneapolis,
Minnesota
| – | -$275K | -139 | Closed |
|
VGI Hedge Fund Activity: Q1 2020 in Review
32 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Virtus Global Multi-Sector Income Fund (VGI) for Q1 2020, worth a combined $27.4M — up 12% from $24.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new VGI positions and 3 closed out — a net gain of 7 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.16M. The largest seller was Mid Atlantic Financial Management, cutting an estimated $695K.
- 32 institutional investors held Virtus Global Multi-Sector Income Fund (VGI) as of Q1 2020, up from 27 in Q4 2019.
- Funds reported $27.4M of Virtus Global Multi-Sector Income Fund stock for Q1 2020, up 12% quarter-over-quarter.
- 10 funds opened new Virtus Global Multi-Sector Income Fund positions in Q1 2020 and 3 closed out, a net change of +7 holders.
- The largest Virtus Global Multi-Sector Income Fund buyer in Q1 2020 was Morgan Stanley, an estimated $4.16M added.
- The largest Virtus Global Multi-Sector Income Fund seller in Q1 2020 was Mid Atlantic Financial Management, an estimated $695K sold.
Based on aggregated 13F filings for Q1 2020.