Virtus Global Multi-Sector Income Fund
VGI
29 hedge funds and large institutions have $28.9M invested in Virtus Global Multi-Sector Income Fund in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
4% more funds holding
Funds holding: 28 → 29 (+1)
2% more capital invested
Capital invested by funds: $28.4M → $28.9M (+$455K)
0.55% more ownership
Funds ownership: 32.4% → 32.94% (+0.55%)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.26M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$935K |
| 3 |
LPL Financial
San Diego,
California
|
+$326K |
| 4 |
CA
Claro Advisors
Boston,
Massachusetts
|
+$243K |
| 5 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$393K |
| 2 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$356K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$197K |
| 4 |
SCM
Saba Capital Management
New York
|
-$197K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$165K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $83K | +$2.98K | +372 | +4% |
|
|
IAIM
27
International Assets Investment Management
Orlando,
Florida
| $36.3K | +$37.5K | +4,683 | New |
|
|
PA
28
Parallel Advisors
San Francisco,
California
| $388 | +$400 | +50 | New |
|
|
EWA
29
EverSource Wealth Advisors
Birmingham,
Alabama
| $132 | – | – | – |
|
|
LSC
30
Logan Stone Capital
Chicago,
Illinois
| – | -$393K | -50,751 | Closed |
|
|
MFG
31
Merit Financial Group
Alpharetta,
Georgia
| – | -$356K | -45,886 | Closed |
|
|
IA
32
IFP Advisors
Tampa,
Florida
| – | -$1K | -17 | Closed |
|
VGI Hedge Fund Activity: Q1 2023 in Review
29 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Virtus Global Multi-Sector Income Fund (VGI) for Q1 2023, worth a combined $28.9M — up 1.6% from $28.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new VGI positions and 3 closed out — a net gain of 2 holders — while 9 added to existing stakes and 12 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.26M. The largest seller was Logan Stone Capital, exiting entirely with an estimated $393K sold.
- 29 institutional investors held Virtus Global Multi-Sector Income Fund (VGI) as of Q1 2023, up from 28 in Q4 2022.
- Funds reported $28.9M of Virtus Global Multi-Sector Income Fund stock for Q1 2023, up 1.6% quarter-over-quarter.
- 5 funds opened new Virtus Global Multi-Sector Income Fund positions in Q1 2023 and 3 closed out, a net change of +2 holders.
- The largest Virtus Global Multi-Sector Income Fund buyer in Q1 2023 was Sit Investment Associates, an estimated $1.26M added.
- The largest Virtus Global Multi-Sector Income Fund seller in Q1 2023 was Logan Stone Capital, an estimated $393K sold.
Based on aggregated 13F filings for Q1 2023.